The objective of the game is to “get out of the rat race” by accumulating enough passive income that exceeds your expenses. By inviting your friends to join you in playing CASHFLOW®, your learning experience will be heightened by the interaction of your group.Ĭashflow 101, created by Rich Dad Poor Dad author Robert Kiyosaki, is an educational board game aimed at teaching investors concepts of accounting, finance and investing. Better interaction occurs when 3 to 6 people are playing.
In doing so, I’ve been able to help individuals increase their passive income while providing a home away from home to patients and medical professionals visiting the Texas Medical Center. I have also built my real estate business. I then started teaching friends the same, and noticed great results in the finances of those who chose to apply the strategies.Īfter paying off this mountain of debt, I have worked with individuals and couples to help them improve their finances through coaching and seminars. Budgeting Technique, which I used to pay-off $40,000 in student loan debt in 4 years without picking up a second job and on less than a $60k salary. Working on audits and client engagements for banks, insurance companies, title loan companies, 401k plans, and pension plans provided unique perspective on personal finance, that when combined with my own self education, led me to create the H.A.I.T.
This debt sparked a fire within me to learn personal finance and apply the principles. While earning my Master’s in Accountancy and eventually becoming a CPA, I accumulated $47,500 in student loan debt. We are often left to learn personal finance on our own unless we are fortunate enough to have parents that teach us sound practices, yet many parents repeat the lessons that they were taught, and most did not get much in the form of education on personal finance. In school, we are fortunate to receive the lesson before the test, yet life chooses to teach us differently. I provide insights for parents to use to help their children grow into more financially savvy adults. I believe that it is important to start having conversations with our children about personal finance at a young age and we can make these conversations fun and interactive. Many of us learn personal finance through conversations with our parents and observing their financial habits. Reader’s also learn strategies to increase their income passively so that they can get their time back. Budgeting strategy and my background as a CPA and real estate entrepreneur, I am able to share insights on reducing the 4 largest expenses faced by most Americans: Housing, Auto, Interest, and Taxes. We can increase our cashflow by either increasing our income or decreasing our expenses. Although sacrifice is required, we aim to shift the mindset and conversation around budgeting and personal finance so that readers are inspired to stick to the budget they plan out. Often, the conversation around personal finance is not fun, in that it focuses on restriction and what you have to give up.
Cashflow is the key to time freedom, and we teach our readers how to build it so that they can have time to live life on their own terms.
My book focuses on helping the reader to understand personal finance and apply the principles to create a fulfilled life.