Andy Tanner, a Rich Dad advisor and finance author, explores how real financial education can change lives. He shares insights about the Cashflow board game, a fun tool for families to learn about money management. The conversation dives into the importance of teaching financial literacy to children, overcoming fears related to finance, and navigating economic uncertainty. Tanner also discusses critical financial vocabulary and the benefits of experiential learning, emphasizing that investing in one's financial education can ultimately lead to wealth-building.
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volunteer_activism ADVICE
Think Like an Entrepreneur
Think like an entrepreneur, not just an employee.
Seek unconventional financial education like playing Monopoly.
insights INSIGHT
Real-World Financial Education
Real-world experiences offer valuable financial lessons not taught in schools.
The Cashflow game helps players think like rich people by focusing on assets.
question_answer ANECDOTE
Cashflow Game with Kids
Andy Tanner's children play Cashflow and learn about finances through it.
Tanner uses the game to teach financial principles to his kids and their friends.
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What the Rich Teach Their Kids about Money - That the Poor and the Middle Class Do Not
C.P.A. Sharon L. Lechter
Robert Kiyosaki
The book tells the story of Robert Kiyosaki's two fathers: his 'poor dad,' a highly educated but fiscally poor man, and his 'rich dad,' the father of his best friend who was a successful entrepreneur. It emphasizes the importance of financial education, distinguishing between assets and liabilities, and building wealth through investing in assets such as real estate and businesses. Kiyosaki argues that a good education and a secure job are not guarantees for financial success and provides practical lessons on how to make money work for you rather than working for money[1][3][5].
In this episode of the Rich Dad Radio Show, Robert Kiyosaki and Kim Kiyosaki and their guests dive into why real financial education matters and how the Cashflow board game has been changing lives since 1996. Let’s face it—schools don’t teach us how to handle money, but Cashflow makes it fun and easy to learn with your family. Andy Tanner shares how stocks and infinite returns play into financial freedom, while Alexandra Gonzalez talks about how the game transformed her family’s mindset about money.
This episode is packed with tips on building wealth through assets, understanding the language of money, and ditching the old-school ways like 401ks. If you’ve ever felt stuck when it comes to finances, this episode will show you how a simple game can flip the script and help you take control of your money.
00:00 Introduction to Financial Education 00:07 The Cashflow Quadrant and Serving the World 00:36 The Importance of Real Financial Education 01:04 Learning About Money Through Family 01:48 Rich Dad's Lessons and Monopoly 03:44 Creating the Cashflow Board Game 05:24 Teaching Financial Literacy Through Games 06:31 Impact of Financial Games on Families 08:52 Understanding Market Dynamics 10:41 The Vocabulary of Money 11:43 Encouraging Financial Conversations 17:10 The Importance of Financial Literacy 17:35 Overcoming Fear in Learning 17:56 Financial Intelligence in Action 18:22 Economic Uncertainty and Gold Investment 20:38 The Future of Jobs and Education 21:18 The Four Intelligences 21:58 Millennial Money and Infinite Returns 23:09 The Impact of Financial Education 28:49 The Cashflow Quadrant and Choices 31:59 Final Thoughts on Financial Freedom
------ Please read carefully.
This is not financial advice.
You may be asking, “what does that mean?”
Let me explain…
Do not just do what I, my team, or my guest says. That would be stupid and irresponsible. Take the education, then use your own brain and make your own decisions.
YOU must take responsibility for your future and your success. That is why you are here. Neither I, or my team, or my guests, know your risk levels, prior education, emotional maturity, or how much money you can afford to lose.
We are only telling you what we believe to be smart moves. But you must decide for yourself. There are NEVER guarantees.
Also understand that we are REAL teachers. We practice what we preach. With that in mind we often invest in the very projects that may be mentioned on this show. While it is never our intent, we could possibly profit from others investing in our recommendations.
Take the education we provide but then determine your own actions. If it does not make sense to you, get more education before you invest. We will continue to provide education and there will always be more opportunities.
Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business 