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Cashflow Game April 12
Apr 13th, 2012 by Xarah

I play Cashflow – do you?

But first I tell you about my day

Yesterday was a full pump day

I got up early. Jumped a half an hour on the Trampoline and listened to an audio with Dave Wood and Mark Call. Had a shower. Fed the cats.

And then to my office. It took me from the kitchen to my office about… 10 seconds…

I had some work to do for my day job, did some Facebook and other kind of marketing, generating leads.

In the afternoon I went to the gym and listened to an audio with Dave Wood and Justin. When I’m alone at the gym I unplug the music stick because I rather work out at my pace instead of the one from the music and I got into sweating. It’s like I forget where I am, just listen. Think. And work out.

Still pumped

Got home and usually I’m tired when I reach the 5th floor and collapse on the bed, not this time. Still pumped, could be from me drinking Xe energy drink during the work out.

Anyway, back to do some house hold (starting a machine of laundry) and again 10 seconds to walk to my office.

Why am I not getting tired?

A couple of hours later I left the house again to go a Cashflow game. Even though it’s Thursday and usually my choir day but once a month I take the time off now and do some education ๐Ÿ˜‰ BTW you can play the Cashflow game online, too.

Everybody else is tired

The train was full, almost every seat was taken and a lot of people standing. And I thought, boy am I glad I don’t have to do that every day!

Finally, playing the Cashflow Game

What happened during the game

cashflow gameThe very first card I drew was to buy shares for $1.- and because I was a manager with a nice pay day – and big expenses… expensive kids, too … I bought 1’500 shares from my cash.

Guess what, those shares showed up once for only $10 and I figured, hm, those shares might just go up a bit more and didn’t sell. And they didn’t go up again LOL

Other shares showed up, once we had 3 cards in a row, the same shares! First $20 then $30 and then $50! Of course we all said: don’t buy for $20! So she didn’t and was about to bite into the table because those shares went up and up and up.

Like in real life LOL

Anyway, I soon got the opportunity to buy a 2 bed room house for $0 down but with a negative cashflow of $100. I figured I could fix it up, like this 14 year old did, and eventually sell it for a nice profit.

A little while later I bought another one of those for $3’000 down and a positive cashflow of $100.

Equals now $0 passive income ๐Ÿ™‚

I knew – and hoped – eventually the market would pick up and sure enough I was able to sell both for $100’000. Though I had to be rather patient.

All in all a pay out of $103’000. Not bad, hu?

Keep your eyes open

All I needed now is to keep my eyes open for a lucrative opportunity and jump on it.

By then I had a passive income of $0 (still or again) and total expenses of $3’170. Pretty high and almost impossible to get out of.

Next opportunity for a deal I took a big deal. And big it was.

The big deal was a appartment house with 24 units. I had to put $75’000 down – which I had on hand. And it got me a passive income of $3’400.

Can you do the math?

I instantly saw I left the rat race!

I got lucky. It could have been a deal than only brought in $300 or $800. And I would have need a handful of those deals. But yes, sometimes luck plays a role.

But because I invested and “paid” every month for along time until the second deal showed up a $100 every month. But I was ready to invest. Which I know a lot of people aren’t. Not only in real life, also in the game. And then I had enough cash on hand to be able to realize my jump out of the rat race.

Be at the right place at the right time – and realize it. You know, when lucks knocks at your door, be at home and open it!

Infinitetly rich

If you have more passive income (which does not contain your income from your job) than expenses, you are infintely rich. Can you see that? This is not only true in the game, it’s true in real life. Have you figured out what your monthly expenses are?

Now you know, how big your monthly passive income has to be.

Of course, a sensible person would increase their passive income first before increasing their expenses ๐Ÿ™‚

Leaving the rat race in the Cashflow game

Anyway, I left the rat race, went onto the fast track. Bought a gold mine which turned out to be empty after all. Didn’t have money to go into the oil deal but bought a couple of businesses.

Then I had the chance to get into a TV commercial deal which I took and it was so successful that I added $50’000 extra cashflow – which is part of the goal.

Either add an extra $50’000 to your cashflow or buy your dream.

We let the others keep on playing for the practise.

Just before we had to stop the game because of the time and the restaurant closing, the lady with those shares that kept going up, was able to leave the rat race because I saw she had a bank credit that she could partiatly pay back and that made her expenses go down and that made her passive income higher than her expenses. Not by much but by enough ๐Ÿ™‚

I think that alone made her learn a lot. It was like an eye opener.

The other guy had the money to buy something and all he needed was an extra $41 passive income but I looked into the magic glas ball and saw the next 3-4 cards were only shares and none of them he had. No passive income for him.

I moved the magic ball around a bit, shook it and woohoo a deal that would have gotten him out came up.

We had a lot of fun!

What I have learned and wittnessed so far is that often people with high paying jobs hardly ever get out of the rat race but the people with the low paying jobs usually leave the rat race even though at the beginning they think they have no chance…. I got out this time with a high paying job.

So, it is possible. No matter where you are at.

You need luck and be open to see opportunities.

I was asked how long I’ve been playing – a year or so. And has anything changed for me.

Yes, I would say so.

I’m still on the left side of the equation, but I have a toe on the right side.

Neither open nor ready

One year ago if I would have been introduced to Empower Network I would not have been open. For one thing I’d still be very focused and hopeful for my chocolate business.

And for another thing I would not have been ready to invest that kind of money into learning about internet marketing. I was still into free and cheap stuff – though obviously they didn’t help me at all.

And I was not open to invest in myself, in my self-development.

Last November I was. Open. Willing.

I saw a big deal, a chance and went all in.

I still have a (small) negative cashflow but comparing to what I’ve invested before and got out (nothing), at least I broke even with Empower Network. From now on all profit ๐Ÿ™‚

But more importantly. I know everybody getting into this deal. Everybody being open to invest in themselves. Will succeed. It may take 90 days. It may take a year. But during that time, everybody – who wants – can learn so much. Nobody can take those skills away.

Can you learn from the Cashflow game?

In my opinion: yes! Maybe here in Switzerland you need more than $5’000 down to buy a house. Maybe to invest in shares you need a lot more knowledge. But the important thing is to see a deal. To see the potential. Of the deal. And of yourself.

Do you see the potential yet in yourself? Then come join this fast growing team of empowering networkers.

I’ll see you on top of the mountains!

from xarah with love

You owe it yourself to check it at least out.

How’s Business?
Jul 1st, 2011 by Xarah

marienkaeferToday somebody asked me on Skype: How is the Chocolate business comming along?

My answer was: let me put it this way: who do you know who knows what chocolate is? who do you know who likes chocolate? who do you know who eats chocolate everyday? who do you know who should not eat chocolate because of weight/diabetes/diet?

You know, in this time, when goverments are printing money out of thin air it’s very important to have a plan in place, to have passive income. You never know when you lose your job or rent goes up (we all know health insurance goes up all the time).

I don’t want to go into real estate or stock (yet). I want to help people. Therefore, my plan is to grow my chocolate business and thus offer a solution to troubled people who suffer from poor health or poor cashflow.

I just talked to my accountant and for her cashflow is the money flowing in and out of your company. For me cashflow is the extra money, left-over-money so to speak. Income minus expenses = cashflow.

And, when passive income is bigger than expenses you are home free, maybe not rich yet but you have a lot less worries. Can you imagine what your life will look like?

Let’s say your total expenses (rent or home mortage, school loan payment, car payment, insurance, credit card payment and other expenses) is $3’500 and thanks to your business (for instance Internet Marketing or Network Marketing) you have a passive income of $3’500 what will that mean to you?

If you don’t understand yet what I’m talking about, I suggest you play a Cashflow game, either in your area or online. www.RichDad.com

After reading some of Robert Kiyosaki’s books I understand the differences better. I understand recession and inflation better. And I understand it’s up to me, not my government to make sure I’m well off. I have to take care of myself and not depend on any government programs.

BTW, did you know, chocolate is recession-free? After all chocolate has its own holidays, not one, not two but THREE:

  • Valentines’ Day
  • Easter and
  • Christmas.
  • Not to mention birthdays, Weddings, Dating, Bluesdays…

So, tell me, what your life would look like if your passive income was bigger than your expenses and how you plan to get there. Looking forward to reading about your plans. And maybe we can even help each other.

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