Games and Simulation are some of the best way to learn!

in #moneylifesteemit7 years ago (edited)

In my opinion games and simulation are some of the best way to learn. There is a board game like The Game of Life and Monopoly put together but it's a little more realistic to life skills.

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You get to learn how to fill out and understand basic financial statements.

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Each player gets a random Occupation and they all vary from Janitor to Doctor etc. This game really shows you that it doesn't necessarily matter how much you make at your job its all in how you manage you money, decisions you make, recogonizing opportunities, and how good your financial IQ is (financial intelligence).

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Learn what Assets and Liabilities are and how they effect your Standard of living. You learn some basic accounting skills and can even stock trade , rent properties for cash flow and buy and sell real estate. The goal of the game is to get out of the rat race by making your passive income higher than your expenses.

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It's a great game to play with family and friends and you could even start a club and teach other people.
You learn a lot from teaching other people and its a great way to help your community, friends, and family.

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I bought this guy a few years again and I'm constantly learning new things. This is Cashflow 101 there is a Cashflow 202 and even a version for your young children. If this is of interest to you comment and I will do more blogs on the other games in the future. :) Please like and share

I'd like to thank IdleInklings for helping me put this together . Follow her on Steemit as well!

See you soon!
CryptoStudent

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I agree with your post. This game is a great way to learn how to manage finances. Thanks for sharing!