A year ago, after I came into contact with the book Rich Dad and Poor Dad, I was greatly influenced by this book and had a deeper understanding of assets and liabilities, which had a great impact on my financial and business thinking. I also mentioned the game "Mouse Run" in it, and then I kept this game in my mind until I met Mr. Ma Yiqun and Jing Xian, who organized an offline cash flow game ("Mouse Run").
20 18 1.6, I started my first cash flow game in the coffee shop of China Renmin University.
Bankers Ma Xiansen and Jing Xian, two beauty editors Xiao Qi and Xiao Xian, and super audio engineer Bi Zong are all creative teams of their own forums, including Shui Zong and Liu Zong, and Nina who pursues wealth and freedom. I like to keep trying.
The goal of the game: strive to make your non-wage income exceed the total expenditure, and enter the "fast lane" from the "mouse track"
Non-wage income = interest+stock+real estate+enterprise cash flow
If the non-wage income is greater than the total expenditure, even if it is out of the circle, then enter the "fast lane" to play.
Loan principle: 10 times monthly cash flow (monthly cash flow = total income-total expenditure).
The principle of interest is the monthly interest rate 10% and the loan amount 10%. In fact, this is a naked usury (annual interest rate 120%).
There are big opportunities, small opportunities, market conditions, unexpected expenses, dreams and so on in the game.
1. Income statement:
Income: salary, interest, stocks, real estate, enterprise investment.
Total income = non-wage income+above (salary, interest, stocks, real estate, enterprise investment)
Expenditure: taxes, housing mortgage loans, education loans, car loans, credit card expenses, extra expenses, other expenses, children's expenses, and bank loan expenses.
Total expenditure = sum (tax, housing mortgage loan, education loan, car loan, credit card expenditure, extra expenditure, other expenditure, children's expenditure and bank loan expenditure).
2. Balance sheet:
Assets: bank savings, stocks, funds, deposit slips (number of shares, price per share)
Total down payment cost of real estate
Total down payment cost of enterprise investment
Liabilities:
Housing mortgage loan, education loan, car loan, credit card, extra debt, real estate mortgage loan corresponding to buying real estate, and liabilities corresponding to buying enterprises.
bank loan
When we were playing, everyone was happy, attentive and experienced. When we encounter big opportunities, small opportunities, market conditions, accidents and so on. We are as full of unknowns as the uncertainties in our lives. We don't care about winning or losing in the game, but about winning or losing in life.
The following is a summary of what you and I have gained, as well as some experiences I have gained in the game that can be used in my life:
1. It is important to control your own expenses. If your expenses are high and your income is average, your cash flow will be problematic and your life will be very uncomfortable. It is necessary to ensure that the monthly cash flow is positive, not "negative". If it is always negative, it will be difficult to turn over. You can't let bank interest eat up your cash flow. Cash flow should remain "positive". For example, it is operational for someone to borrow money for stock trading, but the cash flow must be positive and the risk can be controlled.
2. If high-income people are often accompanied by high expenses or high debts, you should pay attention, because you can't stand any accidents and uncertainties. If you encounter unemployment, it will be more troublesome. High-income people buy more assets to increase non-wage income, and it is "king" to let assets roll up. If there is no stable property income, we must avoid unemployment.
The first bucket of gold is very important, and I believe luck is more important. If you want to know the relationship between luck and success, you can go to the elite day class in Wanweigang in the library, which is what you are talking about. Luck exists.
4. Loan, because the game is a loan, and the monthly interest rate is 10%. You have to spend your cash first, and then go to the loan. It is very important to have money immediately, because it is usury, reducing interest expenses and decompressing cash flow.
5. There are generally two sources of income: 1, capital overflow, and 2, cash flow, such as the appreciation of the house, which will be sold after the house price is good in a few years. The other is renting, where the rent covers the loan interest and keeps the cash flow positive. Another example is stocks, one can earn the difference and the other can get dividends.
6. Seize the opportunity, control the risk control and maintain a good attitude.
7. On the premise that wages are not high enough, it is basically impossible to surpass the class by wages, and it is also true in real life. So if you put all your money on how much I should spend and how much energy I should save, you can't surpass the class. You should seize the opportunity, do a good job of risk control and keep the cash flow positive.
8. You don't have to get a lot of things by yourself and cooperate with others with win-win thinking. A correct understanding of the matter of partnership, starting a company cooperation does not mean that you have a particularly good relationship with people, so you should talk openly, agree with it and be clear. The goal should be clear, and the perceptual and rational suggestions should be weighed separately when making a decision.
9. Listen to everyone's suggestions, and of course, think about why they say so, and make your own decisions. The principle of comparative advantage, compare with your own advantages, not with others.
10. How successful can you be? Part of it depends on how many people around you are willing to make you successful. I hope to see your success is also an important factor on the road, that is, what benefits you will bring to him after your success and what you need help from others. So how to do it? Try to make yourself a person who makes others willing to help you. I think it's better to accumulate more charity and think more about others.
1 1. Your primitive accumulation is very important. Don't underestimate it.
12. Everyone's decision in the game will have a certain impact on everyone.
13. Doing charity will give you many opportunities to walk faster in the "fast lane".
14. There are many uncertain risks in life, such as diseases and accidents.
To sum up: cash flow is very important. Controlling risks and maintaining a stable, continuous and positive cash flow are the "lifelines" of your road to wealth freedom.