Rich Dad Cashflow for Kids: A Fun Board Game About Money

Teaches 6 to 12 Year Olds Money Concepts

So, you think your kids are too young to learn about money, investments and debt? Or you don't know how to begin teaching them about these things or doubt they'll be interested if you try to broach these topics with them? Well, think again, because the board game, Rich Dad Cashflow for Kids is a fun way to teach complex financial concepts to kids aged 6 to 12.

Designed by Robert T. Kiyosaki, an author and investor famous for his Rich Dad Poor Dad series of books, the game's goal is to teach young players how to become "Cashflow Kids." The game also teaches the basics of a financial statement (income and expenses) and a balance sheet (assets and liabilities), so that players quickly learn that if their expenses exceed income, they won't have money to pay for other things. For instance, if they buy jet skis on a credit plan it will strain the monthly budget and there won't be money left for investments which can yield long term passive income instead of short term debt. Kids who repetitively play the game have fun learning how to generate enough investment income to cover their expenses, so they can enjoy the fruits of passive income. And they learn financial skills that will be necessary to become the next generation of entrepreneurs.

Set Aside a Game Night With Your Kids

This game is a great family activity and kids will look forward to playing it on a family game night. If aunts & uncles or grandparents live nearby, be sure to invite them, too. Your kids can learn strategies from watching the way the adults play along with them, and the kids may even quickly surpass their seniors' financial skills if game night becomes a weekly or monthly event.

When the game is over, you can serve a healthy bed-time snack such as frozen yogurt parfaits or sundaes. Let the kids put on their own toppings from an assortment of chopped nuts, raisins and fruit. This way you'll be modeling and teaching good nutrition habits as well as money habits.

Rate This Review of Rich Dad Cashflow for Kids

4.5 out of 5 stars from 2 ratings of Rich Dad Cashflow for Kids

Supplemental Resources

The website, Rich Kid Smart Kid is the youth initiative of Robert Kiyosaki's, Rich Dad Company. Its goal is to increase the financial literacy of the next generation and help them become future entrepreneurs. Its mission is education and empowerment because knowledge is power.


The website has free computer games for kids which are broken down into grade levels K-2, grades 2-5, grades 6-8 and grades 9-12. It also has information about other Rich Dad Company products that teach financial literacy to kids including the following books:

  • Rich Kid Smart Kid
  • Rich Dad Poor Dad for Teens
  • Escape the Rat Race Comic

The website can be accessed by clicking the link below.


Investing in Your Child's Financial Future

Unfortunately, money management and financial literacy is rarely taught in schools. Investing in the products listed in this hub can be an investment in your child's financial future as it will help your kids learn to make better financial decisions and may even help them grow up to be successful entrepreneurs.


Do you or did you teach your kids about money management, budgets and investments when they were between the ages of 6 through 12?

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Comments 42 comments

cardelean profile image

cardelean 5 years ago from Michigan

What a great game! I have read Rich Dad, Poor Dad but I didn't realize that he had a game to teach kids about money. That is now definitely on my "to get" list when my kids are a little older. I love that there is a website and I will be checking that out for my students. Great job!


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Hi Cardelean,

I must have been reading your hub for this week's inspiration topic while you were reading mine. Funny that we both did something regarding math skills. I always thought educational games are a great buy.

Glad you liked this hub and hope you'll find the game useful and fun when your kids are older.


Sunnie Day 5 years ago

Great hub and something I will have to share with my daughter and my grandson. I think the sooner the better that they can learn the value of a dollar, the better they will be in handling their finances later..thank you for a wonderful informational hub.

Take care,

Sunnie


WillStarr profile image

WillStarr 5 years ago from Phoenix, Arizona

Congratulations on your HubPages interview!

Well done!


RNMSN profile image

RNMSN 5 years ago from Tucson, Az

I know!! I cant get over the fact that someone I kow was interviewed ad I am basking viaripusly in your gloryt!! gives us all aboost to see someone we love with accolades!! much love to you!!

I never did teach the kids about money but somehow the STILL knew when payday was!!!!!!!!!!!


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Hi Sunnie Day,

Totally agree that the sooner they can learn about money, the better they'll be at handling it later. I particularly liked the idea that this game can be played as a family. Thanks for taking time to leave a comment.

Hi WillStarr,

Thanks so much for the congratulations! I was thrilled to be interviewed by Danette Watt. Her questions really made me think about why I'm on Hub Pages, why I write the types of hubs that I do and how I can improve them.


Denise Handlon profile image

Denise Handlon 5 years ago from North Carolina

Voted up and awesome. Had no idea that there was a game after the book but what a great concept. I will be sure to add this to the christmas list for my grandkids. :)

BTW-I could not hit your link on the forum and follow it here????


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Hi RNMSN,

You do make me laugh and I love you for it! Our adult kids always know when payday is-- that's the one thing we never have to teach!

LOL,

Gail


Stephanie Henkel profile image

Stephanie Henkel 5 years ago from USA

This looks like a wonderful game to teach kids about handling money. I would have loved to play it with my children when they were young! I'm a great believer in family game nights, and when the games can also teach valuable skills, it's a bonus! Very nice hub!


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Hi Denise,

Thanks so much for the vote up. Hope the grandkids enjoy the game. I had to laugh last night because as I was reading Cardelean's great hub about math card games, she must've been reading this hub. Seemed like we were on the same wave length of fun, numbers and learning.

Didn't know the link from the forum wasn't working right. Will have to check into that. Thanks for the tip and for coming here the long way.


roshall profile image

roshall 5 years ago from Ohio

Right. My grand kids seem to know sometimes before I do.


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Thanks Stephanie,

I can remember playing Monopoly as a whole family which was great and I was going to write about that, but while researching Monopoly facts I came across the Rich Dad Cashflow for Kids game and liked what I read about it. I also like Robert Kiyosaki's books and other Rich Dad products so I thought this would make an interesting hub. Thanks for reading it and leaving a comment.


Danette Watt profile image

Danette Watt 5 years ago from Illinois

Great hub! Money -- one of the few things in life that is intricately tied to our feelings and emotions, even if we think it isn't. I have all sorts of money issues that I grew up with (including the "thinking poor" mentality that Will Smith mentioned in the video clip). I have tried to undo some of that and to teach my kids better skills and better attitudes than I grew up with. The jury is still out, though, on whether I was successful.

Voted up and useful.


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Welcome Roshall, thanks for stopping by and leaving a comment. Some of today's kids are already savvy about money and know more than many of us adults do.


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Hi Danette,

Thanks for the insightful comment to which I could really relate. What we experience as children definitely leaves an "invisible" imprint on our psyche which usually doesn't show up until we're adults. Even then, it may take quite awhile before we really examine what our beliefs about money are, and whether we want to change the way we think and act about money.


Motown2Chitown 5 years ago

Great hub. I can honestly say that I wish my mother had done this for me when I was that age...we played games together regularly, but I didn't learn many solid money management skills, and believe me, I'm paying the penalties today. :)


kimh039 profile image

kimh039 5 years ago

I love the Will Smith on Oprah video:) I haven't read the book. I checked out the website just now. Interesting. Thanks for the ideas. In 5 years I'll go to work on my granddaughter! She's going on 1 now.


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Hi Motown2Chitown,

Thanks for stopping by and leaving a comment. Money management is tough, especially in today's hard economic times.


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Hi Kimh039,

I didn't know you had a little granddaughter! It's sweet that you're already planning ahead about teaching her good money skills.

I enjoyed the Will Smith video, too. Must have missed that Oprah show but I was glad to find the clip on You Tube.

Hope your granddaughter lives close enough for you to see her on her first birthday.


kimh039 profile image

kimh039 5 years ago

oh she does! I see her 2-3x/wk usually. I almost missed her tonight because I was late leaving work. we'll be busy - violin lessons, museums..... :)


BobbiRant profile image

BobbiRant 5 years ago from New York

Great hub about teaching kids about money. It seems, in America, talking to kids about money is as painful as the birds and bees discussion. Nice game.


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Hi BobbiRant,

Yes, it is hard to talk about money in America, especially in these difficult financial times. I think many parents avoid the topic and still try to shelter kids when in reality the kids are capable of understanding far more than we give them credit for.

Playing the game can teach money concepts in a fun, light-hearted manner that takes pressure off of both parent and child.


prairieprincess profile image

prairieprincess 5 years ago from Canada

HP Nurse, excellent hub, with great information! I think this is such a good idea, because money concepts are so hard to teach to kids, but so vitally important. The 6-12 age seems to be just the right age to start focusing on these concepts. The great thing about this game is that you never have to tell them they are learning!

I will look into this one for my nieces for birthdays, or Christmas. Great hub!


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Thanks for leaving an insightful comment, Prairieprincess. Love what you said in it, "The great thing about this game is that you never have to tell them they are learning!" Can't think of a better way to teach such an important topic!

When I read the hub you wrote about games, I was impressed with the way you sometimes use games to teach your students concepts. I think that's a really great idea.


DzyMsLizzy profile image

DzyMsLizzy 5 years ago from Oakley, CA

Too late--my kids are adults & I'm a grandmother--the eldest are high school already, and not interested in games with the family, as it was not a tradition we started.

The younger ones won't be introduced, either, as their mother (my youngest) calls all games of this nature "bored" games. She hates them & always has.

Interesting concept, though...if I had it to do over again, as they say...I'd surely let the kids in on the checking account facts and let them figure out the bills vs. income. That would hopefully avoid the howls of protest when told "we can't afford to buy xxx game or toy."


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Hi DzyMsLizzy,

Love the word play on "bored" games!

You're right. Even if your grandchildren were younger, they most probably wouldn't enjoy playing this kind of game with their mother if she herself was bored with such games. Kids of all ages always pick up on their parent's true feelings, and on what the parent deems has value. So you bring up a good point- parents need to approach topics like money in a manner that's true to their personality and comfort level. Some are better off just sharing information about money through family discussions, books or other means.

Thanks for stopping by and leaving a comment. Your feedback is greatly appreciated.


visionandfocus profile image

visionandfocus 5 years ago from North York, Canada

Great hub! I agree that kids should learn the value of money as early as possible. I'm linking this to mine about board games. Thanks for sharing!


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Welcome to hub pages, Visionandfocus. Read your game hub and it looks like you're off to a great start here.

Thanks for linking my hub to yours. I'm doing the same as the topics are directly related.


Ashantina profile image

Ashantina 5 years ago

I read Rich Dad Poor Dad over 10 years ago and I love Kiyosakis concept for children. Very important and v necessary to teach our kids applicable and real life skills that they will use every day out there in the world. And the earlier, the better.

Thanks for sharing this hboomer.

Up/ and v useful


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Thank you, Ashantina, for voting it up and adding an insightful comment. I totally agree with what you've said.


Treasuresofheaven profile image

Treasuresofheaven 5 years ago from Michigan

Great information. Teaching kids about money is one of the best things we can do for them. This is great. I think Monopoly is also a good game to open up the door to learning about money and investing.


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Welcome, Treasuresofheaven. I agree that teaching kids about money is important and if it can be done in a fun and entertaining way all the better!

I loved Monopoly as a child, but didn't realize until I played it as an adult, that it really does teach about money and the acquisition of wealth through real estate investments.

Thanks for stopping by and leaving a great comment.


danfresnourban profile image

danfresnourban 5 years ago from Fresno, CA

Good hub, this is great advice. I love Robert Kiyosaki's books, however I did not think about sharing his lessons with my son. My son is only 14, hopefully it is not too late.


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Welcome Danfresnourban,

Glad you enjoyed this hub. Yes, your 14 year old is too old for Cash Flow for Kids, but just right for the "Cash Flow 101" board game which is recommended for ages 14 and up and teaches more advanced money skills.


RNMSN profile image

RNMSN 5 years ago from Tucson, Az

if I play Cash Flow 101 will it help me keep my check book straight

I have a lovely tee shirt "I cant be overdrawn! I still have checks left!"

man I crack myself up :)


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

You crack me up too! Thanks for a good laugh.


Anthea Carson profile image

Anthea Carson 5 years ago from Colorado Springs

sounds like a great game, I'll have to check it out. I think it's terrible that money management isn't taught in schools, I suppose we are all just supposed to be able to figure it out on our own.


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Hi Anthea Carson,

I always thought that money management should be mandatory in school curriculums, but sadly it's not taught in most places. I've lived in Delaware for the past decade and I can say that this state does try to educate its citizens about money. They have a "Money School" program for anyone who wants to attend. These are free 1 hour seminars given in the evening several times a month on topics ranging from retirement savings, investments, buying a house, women and money, banking, etc. They also sponsor a once a year all day conference and have started implementing some programs into the elementary schools. States need to recognize that the whole state can only be as fiscally sound as its citizens and that our future financial health depends on how well our children are taught money management and investment principles.

Thanks for taking time to comment on my hub.


Peggy W profile image

Peggy W 5 years ago from Houston, Texas

Like you, I used to love playing Monopoly with my family when I was young. This Rich Dad Cashflow for Kids sounds like a winner! Never too early to teach kids the value of a dollar!


Happyboomernurse profile image

Happyboomernurse 5 years ago from South Carolina Author

Hi Peggy, thanks for stopping by and leaving a comment. I agree that it's never too early to teach kids the value of a dollar, especially in today's tough economic times.


Marsha Musselman1 profile image

Marsha Musselman1 3 years ago from Michigan, USA

I've read Rich Dad Poor Dad and several other of his books and read about his board game. Maybe one day I can own it, since my daughters are grown maybe we can play it with any grandchildren that come along.

If I remember correctly the came isn't inexpensive, so I'll have to wait until it's within my budget to purchase it.

Great hub, voted it up, awesome and pinning it.


Happyboomernurse profile image

Happyboomernurse 3 years ago from South Carolina Author

Hi Marsha Musselman,

Thanks for leaving such specific feedback and for the vote up and pin.

Yes, the game is expensive but it does provide good opportunities to learn about money.

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