Posts tagged Cashflow 101

As always, It was great playing the game (cashflow 101) and meeting new people

It’s refreshing to be around like minded individuals who are actively making changes in their lives! 

You know, no matter how many times you play the game, you always learn something new!

This time, during the game, Player A picked up a “BIG DEAL” card that would get him out of the rat race…. He needed only $40,000 to do the deal.

Player B offered… “I’ll lend you the money for free, just pay me once you’re out of the rat race”.  (I don’t think you can get better than that.. 0% Interest is a good deal!)

However Player A then asked if anyone could better the deal!!!

LOL… “better than 0%”?

This annoyed Player B who was being quite generous (It was 0%).

So Player B cajoled the other players into forming a cartel. In this cartel.. anyone would finance Player A for $40,000 – but the interest would be 400%, and all the members of the cartel would split the profits!

Player A tried to do a private deal with one of the cartel members, but Player B prevailed. Player A had to do the deal and all 5 other members and became much better off

The lesson?  never bite the hand that feeds you   (I’m sure there are more lessons)

All in all we had a great time, and learnt loads!

Thanks to Esalm for organising the event!

Sunil

P.S. If you want to know how anyone could finance Player A for $40,000, then you need to come and play the game!