The blog is talking about Cashflow, the FQ game that help you improve your sense of finance.
The original blog (Chnese version): http://cannyg.blogspot.com
Today's Special!!
2009年4月17日 星期五
This is Canny G's Cashflow Blog in English version
2008年5月2日 星期五
Videoclip: the difference between 101 and 202
Thank Rudy, telling me about this videoclip on Youtube:
2008年4月17日 星期四
Cashflow: Words
" You can't do that!"
"That's too difficult!"
I was surprised about Someone telling me those words on a Cashflow game.
He is a clever guy, jumping out of Rat Race about 10 turns later than I did. He showed his ability and strong ambition to getting rich. He did every deal smart.
But I did better than him, just because I did something "can't do" and "difficult".
I believe that there is an important reason why people say that something is "can't do", "too difficult", "too risky". It's because:
"I never do this before."
It would be better to use some words else such as "how" or "why" instead of denying carelessly.
Cashflow: the Banker
Bankers are your most important partner. Except negotiations between players, anything which matters about money, like buying, selling, paying doodads, making loans, and declaring bankruptcy, has to be done through bankers.
Bankers in cashflow 101 play roles as a buyer, a seller, a bank, an employer, a (doodads) store owner, and government. We see our banker take our money, give us money, take our money again, and give us again - just like a cashier. But banker is not only a cashier.
Cashflow: don't Treat your Dream as Investment
One day I helped my friend hosting a cashflow game. After the game set I heard a guy talking to others:
"You know that? There's a tip of choosing a dream! To me, I would choose this one therefore I may get there by rolling dice one time only."
He pointed at a dream space, which is 5 spaces far from the starting place of Fast Track. Indeed, it's easy to get there by rolling dice one time.
I reply him calmly and cold:
"Good. But, why would you let the dice trap your dreams?"
Cashflow: Quadrants
The Cashflow 101 rule tells us that only incomes from B and I quadrant may help us get out of the rat race. But an experienced player has incomes from all of the 4 quadrant, E, S, B, and I quadrants.
The income from B and I quadrant, like rent, business revenue, and dividend, is for passive income.
The income from E quadrant, like wages, is the basic of financial health.
The income from S quadrant, like capital gain income and negotiation income, is the shortcut to Big Deals.
Cashflow: Doodads
The 3 unwelcome condition in Cashflow should be downsized, baby and doodads.
But unwelcome doodads takes a lot of time in our daily life. Yes, time. doodads not only takes our money but also our time away.