![We added a new game to our Financial Board Games - Rut2Riches! The first facilitated game will be on 4 June. Feel free t...](https://img4.evepla.com/631/980/122107900256319801.jpg)
21/05/2024
We added a new game to our Financial Board Games - Rut2Riches! The first facilitated game will be on 4 June. Feel free to register on https://wealth-whiz.com/games/
The game’s objectives are simple: retire early and then create wealth.
This game is similar in concept to Cashflow 202 but has more options and significantly more calculations. We recommend coming to a facilitated game first to learn all the rules and get some practice with all the calculations.
As an education tool, the Rut to Riches board game teaches players to:
- Understand basic accounting principles, running a cash statement, profit and loss, and balance sheet
- Make acquisitions and investment decisions based on future capital gains and passive income
- Control debt, reduce liabilities and reduce interest costs
- Appreciate the financial requirements for retiring comfortably and to understand the difference between earned (active) income and investment/business (passive) income
- Seek quality professional advice for business and investment
- Realise that regardless of their starting salaries or financial position, they can achieve financial independence by exercising good judgment
- Learn from mistakes, including those made by other players