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Richwoman Club in Frauenfeld Nov 19 2014
Nov 20th, 2014 by Xarah

richwoman cashflow club

I went to Frauenfeld last night to the RichWoman Cashflow Club. We were 4 women and 1 guy and played the Cashflow game. We had a lot of fun – could have been the Champagne… LOL

The guy and one of the gals I know from the Master Finance course I’m taking in order to educate ourselves on finances and investment. The other was the owner of the club and her mother.

Playing Cashflow helps with understand your financial situation

We all were able to leave the rat race after playing 1,5 hours but the the lady who was also the banker. She would have, too, would have just needed a bit more time.

The guy, Thomas, left the rat race before all of us and was able to run on the fast track a couple of dice throws. Ruth, then Natalie, than me announced we were out. Practically together. Then the alarm rang. I entered the fast track with half a million.

You just need a few good opportunities and not give up

kim kiyosaki richwoman cashflow gameI had bought a couple of houses and was able to sell them with $50K profit. Suddenly I had 100K cash and bought businesses, a Carwash, a Pizza chain, a Sandwich chain. I even bought the 20ha land. Because I was an engineer in the game I knew I had to have large income (passive income) producing opportunities.

One of the opps I bought from Thomas because he could not afford it – yet. He later made a lot of money by selling some of this properties.

It doesn’t matter what you start with

Of course I had a bigger monthly cashflow than most of the others. So I bought stuff from others who didn’t have the money to buy it.

One of the girls was down at 20 bucks monthly cashflow. The guy who had left at that time the rat race gave her 40k to buy a bigger item so she could pay back her bank credits (even needed a bank credted because she was unemployed a couple of times). And that’s what brought her out of the rat race.

I had whispered to her to get a big deal when it was her term and when she ends up on the deal field because the last coupld of times I ended up on getting a kid, cashflow day or market. I whispered if I’d like the deal I’d buy it from her.

Learning by Playing the Cashflow Game

What I learned: sometimes you need other people to help you change your life and your outlook. In her case, she needed somebody who believed in her and gave her the money. She could have given him back the money right after she entered the rat race. Piece of cake.

Sometimes we need some “luck”, to find a good opportunity, to find the right people to join your business (who have the money to invest into their new business and education). But, even though Ruth, Nicole and Natalie were unemployed several times in the game, they all made it.

Never give up your dreams

At one point, when she was down at 20 bucks on Cashflow days, Natalie almost wanted to give up but we helped her to stay in the game, to keep up hope. And see what happened!

Playing this game Cashflow is a good start to learn about money, investing – and about yourself.

This is what I use in real life to get out of the rat race:
www.LifeStyleDream.ch

Eventually I will learn about investing in stocks and real estate in order to move over to the right side of the Cashflow quadrant. I just watched a german webinar. The guy does weekend workshop where we can learn to invest in stocks and what to look out for. I want to take this course (in Hamburg) next year. It’s not as scary as I thought it is.

Check out the video on my page. Let’s thrive together!

from Xarah with Love

Have you played the game yet? Or are you going to find a club in your area after reading this article? Leave a comment below.

 

How Do I Get Financially Educated?
Oct 13th, 2014 by Xarah

financial education cashflow richdad

How do You get Financially Educated?

Certainly not in school. It’s up to you to educate yourself.

Good news though, it’s rather easy when you start playing the boardgame Cashflow in a Cashflow club.

The first time I played the Cashflow game I was the first in this club to leave the rat race and I did it fast, too.

This is how I did it:

Very fast I had the chance to buy a piece of land for 5’000.- but only had 2’000 cash. I got me a credit for 3’000.- and bought the land, it had a river on it and that’s always been my dream. I bought it even though it did not generate revenue or cashflow. I just wanted it.

My neighbor kept telling me it was a mistake. He got quiet though when someone the market card and I was able to sell it for 150’000! Some mistake, hu?

I also got deals to buy shares for 1.-. The first time I only bought for 1’000 and 10 seconds later thought i should have gotten more. But I got another deal again for 1.- and this time I bought 2’500.

The luck didn’t stop. Someone picked the card where i could sell those shares for 30.-. And again, my second batch of shares I could sell for 30.- per piece.

Then I bought a house that brought in cashflow, and bought another piece of land. And then I bought an apartmenthouse for measly 200’000 (worth 1’200’000) which generated 11’000 cashflow and I was able to leave the rat race.

And as far as I remember I did all that in the first round and some of it while being „unemployed“ in the game.

Of course I had a lot of dice luck. The last time my co-club-leader had no luck. He never had one chance to buy anything, not even buy from somebody else. It happens also in real life. No luck, but don’t you never give up. Keep your eyes open. Or go here now.

What I have learned from playing the Cashflow game

I’ve been playing this game now over 3 years now, often twice a month. And only recently really grasped the numbers and all.

Only recently I started understanding how important financial education for all of us is.

About half a year ago I met a guy at a 2-day event. On day 2 he told me he had made over a million in the network marketing industry. I was impressed. Here I am, talking to a millionaire – BUT – on day 1 I suddenly remember he had told me he had over 50’000.- debt.

Don’t know about you but for me it didn’t add up.

Of course I asked him what happened to all the money. He shrugged. Spent it all. Traveling. Divorce (that’s where most of his debt comes from he says). Obviously he didn’t invest it, save some of it, paid himself first.

I believe we who are in a business like network marketing or internet marketing, where money can come fast, quickly and a lot we simply need to educate ourselves, we need to be financially educated.

How do you get financially educated?

I can suggest the following:

  • T Harv Eker. Millionaire Mind. He suggests to create 5 or 6 jars where you divide you money in. And his crew goes on tour. If they are ever in any kind of near area of you, go. It’s worth it!
  • Robert Kiyosaki. Rich Dad Poor Dad. Cashflow Quadrant. He teaches to pay yourself first. Which means, put part of your income (job or business) away, for investing, for saving, for emergency, all in different accounts. I only recently understood „pay yourself first“.
  • Play the Cashflow game. Look at www.richdad.com or google it or  World Wide Cashflow Club Website.
  • Subscribe to my blog and learn along side with me.

My name is Xarah and I believe we all need to get financially educated. And we  need a vehicle to start building passive income, increase our cashflow.

What would you do with an extra $5000? $10’000? $30’000?

I understand that some people get scared thinking of $30’000 every month. What to do with all that money? What about taxes??

If you are financially educated you will know what to do with the money:

  • pay yourself first
  • split your income into different jars/accounts
  • invest
  • live the lifestyle you can now dream about

I’ll see you on the next page.

from Xarah with Love

PS: Subscribe to my blog here
PPS: Check out my vehicle to leave the rat race, a franchise-style digital business opportunity.
PPPS: Remember to have fun today. And to leave me a comment below.

start living your dream

Cashflow 2
Jun 11th, 2011 by Xarah

bild-7I did it again, I played one more with the board game the other day and several times online since the last time (and today of course). It’s really a lot of fun and it blows away any tiredness (found that out yesterday).

Online I often leave the rat race, with the board game, this time no one was able to leave. We didn’t have enough time, the restaurant was closing. I would love to play it on a Sunday afternoon, with kinda open end.

So, after reading Rich Dad Poor Dad and another book by Robert Kiyosaki, I felt eager to buy my first real estate. And I even got a call from someone! So I thought, the universe is aligning itself for me to invest in my first propriety and start increasing my cashflow.

It turned out though since I don’t have any capital that the whole deal would have become way too expensive and more importantly, no one would have paid that kind of rent (me not even making a dime).

Then Roland (the cashflow team leader) gave me another book by Robert K “Business School”, in which he talks about Network Marketing. Even though he has his riches not made by or with a Network Marketing business he has a unique outlook. And he says if he had to start over it would be with Network Marketing.

  • Have you own business
  • Small risk
  • Small start up costs (if any)
  • not difficult to learn (earn while you learn)
  • increase your cashflow and passive income
  • no worries about real estate ups and downs
  • help others

Of course like in any new endeaver you have to be ready to learn or you burn. Hehehe, that rimes, ok, maybe it’s not grammatically perfect but it rimes hehehe.

Anyway, I’m glad I have found my company. Maybe so have you. Good for you. You are moving now slowly but surely from the left side of the quadrant to the right side (in both meanings of the word). Still, play the cashflow game and learn about expenses, income, assets and liabilities.

If you have not found your company yet, you might want to take a look at mine. If you are a happy person who is excitable and ready to learn, get back to me and we see if we are a match as businesspartners.

Sweet Greetings from
xarah signature

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