Richdad's cashflow game

My friend introduced me to the richdad's cashflow game which can be played online for free (click here to play). I think it's a great beginner learning tool to introduce kids (or anyone else lacking in financial literacy) to grasp certain concepts of cash-flow and investing.

My takeaways from the game

Clear your debts first. (A good read here.)

You don't have to act on every opportunity

Calculate the yield % on investments that give passive income before investing

Investing needs both elements of skill and luck

Buy low, sell high (patience, patience... duh)

More money = more investment opportunities = higher returns

Life likes to throw you the unexpected when you least expect it

Even if you have achieved financial freedom, you might not necessarily get to achieve your dream

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Rainbow on FI

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