Whenever my family gathered at the dinner table, I would steal glances at their hands. But I envied her imperfections: Mom’s weathered hands spoke volumes about her strength, selflessness and love. Try as she might, no amount of jewelry or hand cream could erase those markings. She wore rings and gloves to cover up the premature wrinkles from her time as a waitress in high school and the scars on her fingers from her first four years in America as a seamstress. Mom always told me that if my hands were smooth and unblemished nobody would be able to tell my age. But my unblemished hands signified nothing in return, only evidence of wasting away their hard work.” *** “Their hands symbolized their love and sacrifice for family. But it also demands bravery - to go where most people don’t, including a lot of adults. ![]() To write this way about these topics requires perspective, about who has what and why and how. This time, we find ourselves in the human resources department with a racing mind the kitchen as a daughter observes her mother making do the car, driving many miles for so many reasons the house, stuffed with way too much and the head of a young woman wondering if her soft hands bring honor upon her family. At their best, they inspire a kind of empathy, even if money is not on your mind all that often. Doing both well is harder still, especially if you’re a teenager and a committee of grown-ups will sit in judgment on whatever you produce.Įach year, we invite essayists to forward their work to us after they’ve submitted their thoughts on money, work, social class and related matters as part of their college applications. Discussing money - what you or your family has or lacks - is tricky under the best of circumstances. Phew, hopefully that explains a lot of it.Writing a personal essay is more art than science. This has been transferring over to real life situations as well. There are a few squares you don’t want to land on that can cost you cash or increase your monthly expenses and there are times where your investments will go wrong and end up costing you money, but the game has really helped me take a lot of the emotion out of dealing with money. The cooks thing about this game is that it also has your financial sheets which include one for sources for income and all expenses and one for all of your assets and liabilities, which helps you learn the difference between those things the more you play. Once you manage to generate enough passive income to retire, you leave the rat race and enter the fast track part of the game where you can win by either landing on the square of the dream that you chose at the very beginning of the game and investing in it OR by increasing your cashflow by $50,000 (I believe) by investing in and buying businesses. And you can only repay the loan back in $1000 increments. There is also a bank from which you can always borrow as much money as you need however you do end up paying 120% APR on whatever you borrow (10% of the total loan amount per month or payday monthly expense). ![]() You can use this cash as capital for further investments in real estate or stocks. There are several payday squares that you pass and once you do, you get cash equal to the amount of your total income minus your total expenses. This mostly done through investing in real estate opportunities that become available to you as you move around the “rat race”. The first part of the game is played on the part of the board called the “rat race” and your goal is to make it out of the rat race and into the fast rack by investing and making more “passive income” than all of your expenses and debts added up. You are automatically assigned an occupation at random as well as the salary and expenses related to that type of lifestyle. ![]() You start off by picking a lifelong dream from a pretty wide selection on the “fast track” section of the board. It has been described as monopoly on steroids. Cashflow 101 is a game that finance author of Rich dad, Poor dad, Robert Kiyosaki developed with his wife.
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