Friday, March 20, 2009
Getting Out of the Rat Race!
A head count of more than 600 enthusiastic participants pitted their skills against one another as they raced towards financial freedom at one of Singapore’s largest money management contests.
While most people are whining about the gloomy financial situation, a large crowd of enthusiastic participants spent the last weekend trying to figure out ways to get out of the rat race.
Singapore’s Largest Cashflow Game Competition, organised by Success Resources, attracted participants from all walks of life, some of whom were as young as 10 years old.
What made it even more impressive was that the game was facilitated by Robert Kiyosaki’s Rich Dad Franchising Advisor - Kelly Ritchie and Rich Dad Asia Ambassador - Bellum Tan.
The participants formed groups of five and seven and pitted their financial know-how and skills against one another on the “Cashflow 101”, the board game created by Robert.
“Cashflow 101” was designed to help players instil good money management skills in their lives in a fun and interactive way. It uses simple concepts that teach the basics of investing and managing personal finances. The game also gives players ideas on how to earn passive income in order to get out of the rat race and achieve financial freedom.
The game is played in 2 stages – the rat race and the fast track. Participants aim to get out of the rat race by accumulating their monthly passive income to a level where it exceeds monthly expenses.
Once out of the rat race, the player moves to the fast track where he will attempt to realise his dream, which is a slot in the fast track that he has chosen at the start of the game, or achieve more than $50,000 worth of monthly passive income, in order to win the game.
During the game, the participants battled for the prizes which included tickets to seminars and a VIP pass to personally meet speakers.
While only 1 winner per team was declared on average, one group achieved the amazing record of producing a total of 3 winners, who were among the top 15 fastest players to get out of the rat race. On top of victory, they walked away with tickets to watch Robert and his elite team of Rich Dad Advisors “live” at the National Achievers’ Congress, which will be coming up in May.
Reflecting on the game, it is very encouraging to learn that Success Resources has spearheaded a meaningful initiative to raise the financial literacy level of Singapore. The overwhelming response last weekend also reveals the growing interest among Singaporeans to learn more about financial literacy.
It is not surprising, because in today’s up and down economy, it has become even more essential to learn how to sharpen our financial skills and confidently make informed decisions throughout our careers and lives.
Thanks to all involved who made the event such an incredible success!
Labels: business training, cash flow, cash flow game, cash flow game competition, kellie ritchie, rich dad advisors, rich dad education, Robert Kiyosaki, singapore expo
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