The objective of the Cashflow 101 board game is to get out of the Rat Race track and go into the Fast Track, so as to win the game.

Robert Kiyosaki explained how you should get out of the Rat Race and go into the Fast Track in this short video clip.

Robert Kiyosaki defined financial freedom as the point where your passive income exceeds your expenses. When that happen, you can still live your lifestyle without having to work.

To have passive income, one of the way is to make your money work hard for you.

When investing for passive income, there are 5 points which you should take note of.
1. The initial money outlay
2. Net rate of return
3. Risk involved
4. Accessibility of return
5. How passive is your investment

Read more on these 5 point here.

In this article, Robert Kiyosaki defined Wealth as the number of days a person can survive forward without working.

It is different from what we usually associate wealth with, ie, the amount of money one has.

It is essential that we understand that the amount of money one has is simply not the whole picture and Robert Kiyosaki's concept of wealth will lead us to better build up and sustain our wealth and financial goal.

Robert Kiyosaki created the Cashflow 101 game as a fun and interactive tool for the general population to learn about financial theories and fundamentals.

Can this game really help you to create wealth or is it just a game for leisure?

Read about this here.

Financial knowledge is the key of getting out of the rat race as mentioned by Robert Kiyosaki.

Why are there so many people who struggle in the rat race due to the lack the financial knowledge? Financial knowledge is not too complex for all to understand. Remember that "Rich Dad" who exposed Robert Kiyosaki to financial matters, had only little education.

Therefore, all people can acquire financial knowledge. "Wisdom of Rich Dad" blog suggested that we are struggling in the rat race because we made the choice to be poor! We choose not to acquire the knowledge!

The Cashflow 101 game has 2 tracks in it. The Rat Race and the Fast Track.

The Rat Race is where we begin our game and the objective is to get onto the Fast Track as soon as possible.

Robert Kiyosaki explained about these 2 tracks in this Cashflow 101 game video.

Robert Kiyosaki has been stressing the importance of financial literacy.

This post looks at the financial literacy in women and interesting divide the women into 5 different personalities based on their attitudes towards money and investing.

The 5 types are

• Cinderalla
• Alice in Wonderland
• Wonder Woman
• Belle
• Goodilock

Read more here about what is the differences between them and what percentage of women consider themselves to be of this 5 types.

What does graduation signifies?
An end to the academic world and a beginning to the working world? Time to crave out a career for yourself?

Robert Kiyosaki described graduation as the start of the Rat Race!!!!!

Can credit union really teach high school students money lesson?
Or should the parents be the better choice to teach financial knowledge to their children?

Read the debates here.

More video on Robert Kiyosaki explaining about the Cashflow 101 game.

In this video, Robert Kiyosaki explained the Rat Race in the game.

Has Robert Kiyoski's message about the importance of financial literacy from his books like "Rich Dad, Poor Dad" got any impact of the rising awareness of the need to improve financial knowledge?

Whether it has or not, now not only schools, but also credit union, has come out to support educating the young on the financial matters.

Here's what Member 1st Credit Union is doing.

Real estate investment is one of the favourite of Robert Kiyosaki.

But some people do not dare to go into real estate investment because they heard of the myths of real estate investing.

Here are 3 myths of real estate investing.

Award Winning Company Launching Simple, Proven, Fully Automated Business System

PRWeb

February 09, 2007

Through our years of industry experience, we know that there are many people who have the motivation to build a global business. However, their journey to success is hindered by uncertainty and lack of business experience or technical knowledge.

SkyQuestCom, a world leading provider of E-learning systems has launched their newest and most exciting product.

The PreEnroller is a simple, proven and fully automated business system that allows both ordinary people and aspiring entrepreneurs to see the potential of SkyQuestCom's global E-learning opportunity before investing in it.

http://www.preenroller.com/elearnlib

Since its establishment in 2002, SkyQuestCom has helped ordinary people invest in their lives by providing them the best E-Learning resources. The award winning company offers 200 online video seminars of the world's best speakers, featuring Robert Kiyosaki, the best-selling author of 'Rich Dad, Poor Dad' and Brian Tracy, the world's leading authority in business, and many more. With the increased market demand for personal development programmes, SkyQuestCom's business opportunity has created more than 187,000 successful new entrepreneurs worldwide, and the numbers are still growing everyday.

The PreEnroller was designed to help people who have no business experience to make money in a simple way. They can use the different languages provided in the system to immediately overcome the language barriers often inherent in doing a business - it removes the need for them to learn a completely new language. For example, a person who only understands Japanese can still do business effectively with a person who only understands Chinese, and vice versa. The system's user-friendly interface is also a breeze to use. All the user needs to do is to simply send pre-formatted business emails to his/her contacts, that way, the complexities of crafting well-written emails are never involved.

In a nutshell, the PreEnroller is a user-friendly system that guides people by the hand, in simple to follow steps, towards building their successfully proven global business from SkyQuestCom. The best part is, through the PreEnroller's fully automated technology, business can run continuously 24 hours a day, 7 days a week -- good news for people who are busy working in the day and want to earn extra income at the sidelines. In addition, they will also be able to simulate the potential of a business before deciding if it is their 'cup of tea.'

SkyQuestCom's Managing Director Ms Tan Yang Po explains, 'Through our years of industry experience, we know that there are many people who have the motivation to build a global business. However, their journey to success is hindered by uncertainty and lack of business experience or technical knowledge.'

Ms Tan adds, 'SkyQuestCom's E-learning business, combined with the power of the PreEnroller, gives them the opportunity to build a global business as hassle free as possible. And it's also the best way to learn and earn at the same time.'

In other words, all the trouble and hard work that had been necessary in order to succeed in doing a global business have been eliminated.

No sweat!

For more information about SkyQuestCom and the PreEnroller, visit http://www.preenroller.com/elearnlib


About SkyQuestCom:

http://www.skyquestcom.com/elearnlib


SkyQuestCom is an award winning global E-learning company that offers an unlimited use of 200 online video seminars of the world's best speakers. Subscribers can learn the right kind of knowledge to raise the level of success in every area of their lives. SkyQuestCom also has a sister company called Success Resources. Success Resources is the largest seminar organiser in Asia and has promoted seminars of world famous speakers for more than 14 years.

Valentines Day! Love is all around us.

Let's talk about love too.

How much do you know about Robert Kiyosaki's love life?
Do you know how long Robert Kiyosaki tried asking his wife, Kim Kiyosaki, out?

Read all about Robert Kiyosaki's love story here!

Robert Kiyosaki introduced his Cashflow 101 game in this video.

He also explained that there are 2 lessons to be learnt from the Cashflow 101 game:
1. the 4 different type of investors
2. understanding income statement and balance sheet.

More game tips and after thoughts from those who have played Robert Kiyosaki Cashflow 101 game.

They can be valuable in helping you getting the most out of the Cashflow 101 game.

Viveca Stone shares her tips based from her experiences from playing Robert Kiyosaki's Cashflow 101 game.

You have played Robert Kiyosaki Cashflow 101 game before but you don't see anything special about the game?

Perhaps you should read these 12 tips on how to get the most out of the Cashflow 101 game.

Cashflow 101 is the game that Robert Kiyosaki created to teach people financial knowledge. Since people tend to learn better in a fun and interactive environment, it is a good idea to use board game as the tool for teaching.

Have you played the game before? Do you have any good experience to share?

Do you know that when Robert Kiyosaki made his first real estate purchase, he made mistakes that a typical real estate property rookie investor would made?
Luckily, his Rich Dad saw that and give him advices on how to rectify the issues.

Find out what are the mistakes here so that you can avoid them.

Robert Kiyosaki in his book, "Rich Dad, Poor Dad" described "Pay Yourself First" idea as the habit of the riches.

It is a simple yet powerful concept, but not many people actually practise it.

Ryan McKenzie shares how he used this simple concept to build his wealth.

“How I made $122,000 and lost $132,000"

What an expensive lesson!

Had he read Robert Kiyosaki's book, "Rich Dad, Poor Dad", he would understand the difference between an asset and a liability, and avoid such mistake.

Mutual Fund to me is a low risk and long term investment tool.
Althought Robert Kiyosaki classify mutual fund as an income generating asset, it is surprising that he stayed away from mutual find.

Read why Robert Kiyosaki calls mutual fund as a risky investment.

What is disposal income?
How does the rich and the poor do with their disposal income?

Read all about disposal income here.

In the book "Rich Dad, Poor Dad", Robert Kiyosaki mentioned "Mind Your Own Business".

He is not telling us not to poke into our people affairs, (which you shouldn't), but he is telling a point that we have to focus on our own "business" - which is building up our money generating assets.

Read about the details behind "Mind Your Own Business".

Is cutting up the credit card the solution to the problem of credit card debt?

Robert Kiyosaki does not think so. He explained that the problem is the people, not the credit card. The people lack financial knowledge of how to make good use and leverage the money loan from the credit card company.

Cutting up the credit card will not solve the credit card debt problem.

Cash flow and Account Balance, which is more important?

Account Balance signify an asset, according to Robert Kiyosaki as it generate income as the form of interest paid by the bank.

Actual fact, both are important except that we should not only focus solely on the amount you have in your bank account when determining your wealth value. Do not forget to include the cash flow portion.