Some ideas to help you win the Cashflow 101 game.
Let’s start with the concept of raising money. You can’t do anything without it, so you should take advantage of it as much as possible. You do this by buying as many shares as possible, probably using most of your extra money!
The $ 1 share purchase card (that’s two in fact) should be a gold mine, as when you sell, you can get up to 40 times your money.
If you choose this card, you need to borrow money from the bank (without going bankrupt) and just wait for you or someone else to pick up the corresponding sales card. This extra money should allow you to buy ‘Great Deals’ and very quickly you can get out of the ‘Rat Race’. By then, you will have more money than you know what to do.
Then always buy a property whenever you can with extra cash, even if the cash flow is poor or even negative. You may have the opportunity to sell the property at a profit if you or someone else gets a ‘Market’ card.
When buying businesses or properties, if they cost more than you can afford, remember to factor in the increased cash flow to see if it is worth doing. It can be worth going into the rat race by doing very little for a few to pay off the money borrowed from the bank to pay for that “big deal.”
The next point is important, but I see that people ignore it all the time.
If you have a lot of money, do something with it. Don’t hold on to it. The least you can do is pay off some of your debts. Remember that some are more worth paying for than others. Again, this is true in real life.
At the moment, interest rates are low and the “slow” money in the bank is actually losing value with inflation, so make it work for you by doing something with it.
On the Fast Track, always opt for the gambling options to increase your cash flow if you can afford it. Never miss a green box opportunity.
In short, I think life is about seizing opportunities and so is the Cashflow game. You have to do something with each turn of a card, rather than just waiting for that big problem to appear. Happy playing!