A few of the big things were teaching them short and long term goals, when, and how to share, how to find out if they were being taken advantage of.
Being financially stable isn't something that comes easily. There is a lot of hard work and choices that come along with it. As an adult, I still struggle with impulse buys that don't make sense. It takes a lot of self-control to make it happen. Do I want to take a whole paycheck and blow it on a whole day of nonstop garage sales? Yes, I do! But, I don't. I save up for my surgery days and budget it in so I am not taking away from what the necessities are. It's all about priority and balance.
The author of Rich Dad Poor Dad, Robert Kiyosaki, created the game Cash flow to help kids raise their financial IQ.
What is Ca$hflow for kids about?
Ca$hflow is about learning the basics of life finances. In the words of my late grama Vera "If it's not an asset, it's a liability". She told me that when I was going through a divorce and at the time it made sense. As I got older and life situations happened, it seemed to fit in every situation that came about. I love it that this game has Asset Cards "money makers" and Liability Cards "money spenders". It also has Sunshine cards as little bonuses, you collect if you land in it or pass it.
Who should play the game?
This game is intended for kids 6 years and up. I do recommend either playing the first game with them or being nearby so they understand the setup and how to get it going. It's not a hard game to understand but, kids ask a lot of questions, why not join in the fun?
Kids that want to have fun learning about finances and raise their financial IQ at the same time. This would have been a great game for our kids when they were younger. Our oldest daughter and son have always been fully invested in learning about making money and good ways to do it. They have always made great decisions when it comes to spending and saving and have worked hard to build up their nest egg.
This is also a great game to play as a family. Parents can get in on the fun by playing the game Cash flow for kids and understand essential life skills like cash flow management.
What comes in the box?
This tabletop board game, Ca$hflow for kids, comes with everything needed to play the game.
How to play
This tabletop board game, Ca$hflow for kids, comes with everything needed to play the game.
- Playing Board
- Playing cards- Asset, Liability, and Sunshine
- 6 Placemats- Financial Statement boards each player uses to track their finances.
- Spinning Wheel
- Characters- colored rats. It's a real Rat Race!
- Dice
- Game money
- Asset and liability chips to fill the placemats.
- Instructions
How to play
Setting up the game is simple. Shuffle and place each card stack in the right place. Each card category has its own color to go with it. Each player gets $3,000, a Financial Statement, and a Rat game piece.
Pick a Money Banker and a Token Banker to hand out the money and tokens.
Place all of the rats in the start box and the person that rolls the highest number on the dice goes first. If you get a tie, try again.
Roll the dice to move spaces on the board. Get the card that your rat lands on. Don't forget that you get a sunshine card and a salary payment if you land on or pass them.
As you take your turn moving around the board, follow the instructions on your card. Making and spending money along the way helps you build up your financial statement.
As you take your turn moving around the board, follow the instructions on your card. Making and spending money along the way helps you build up your financial statement.
This game is a great way to teach finances to kids. It creates conversations and helps build confidence in spending and earning.
Check out Ca$hflow for kids there are so many other games to play and valuable resources for the whole family in all age ranges and maturity levels.
I received this product for free as a gift to facilitate this review. If you have any questions please feel free to contact me directly by email or one Blogger Contact button.
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