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The Game That Can Make You Rich: How CASHFLOW Transforms Financial Education - Robert Kiyosaki
In this episode, Robert Kiyosaki, Kim Kiyosaki, Andy Tanner and Alexandra Gonzalez dive into the importance of genuine financial education, emphasizing the transformative power of the CASHFLOW board game created in 1996. Highlighting the deficiencies in traditional school teachings about money, the discussion covers how families can learn about financial literacy in an engaging, hands-on manner. The episode features insights from Andy Tanner on stocks and infinite returns, and Alexandra Gonzalez on the impact of the Cashflow game on her and her family's financial mindset. The speakers stress the significance of learning financial vocabulary and the mindset shift required to achieve financial freedom through assets, rather than relying on conventional methods like 401ks.
00:00 Introduction
00:36 The Importance of Real Financial Education
01:48 Rich Dad's Lessons and Monopoly
03:44 Creating the Cashflow Board Game
05:24 Teaching Financial Literacy Through Games
06:31 Impact of Financial Games on Families
08:52 Understanding Market Dynamics
10:41 The Vocabulary of Money
17:10 The Importance of Financial Literacy
20:38 The Future of Jobs and Education
21:18 The Four Intelligences
23:09 The Impact of Financial Education
28:49 The Cashflow Quadrant and Choices
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Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity.
The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions.
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