from the School of Accounting and Finance (SoAF) at Asia Pacific University of Technology & Innovation (APU) participated in an engaging and hands-on learning experience at the Cashflow Board Game Workshop. Inspired by Robert Kiyosaki's "Rich Dad" series, the event aimed to enhance students' understanding of financial literacy, investing, and financial independence. The workshop was facilitated by Mr First Lye Yik Ming, Regional Manager of Great Ideals Group.

The primary objectives of the workshop were to improve students' grasp of key financial concepts, simulate real-life financial decision-making, and encourage strategic thinking. Participants were able to apply theoretical knowledge in a risk-free environment while navigating the intricacies of cash flow, investing in assets, and managing debt. Through an interactive and competitive approach, students worked together to "escape the rat race" by building passive income streams and achieving financial freedom within the game.

The event kicked off with Mr First Lye's introduction, highlighting the purpose of the workshop and explaining how the Cashflow Board Game teaches financial principles in a fun, practical way. Students were then divided into eight groups, with five students in each group, and guided by facilitators who provided an overview of the game's mechanics and strategies.

During the first round of gameplay, students assumed roles as employees, tasked with managing their monthly expenses, debts, and investments. Players focused on accumulating passive income through strategic investments in stocks, real estate, and businesses. The ultimate goal was to exceed their expenses with passive income, simulating achieving financial freedom. 

After one or two students in each group successfully "escaped the rat race," the workshop transitioned into a game review and strategy discussion. Facilitators encouraged students to share their experiences, discussing the investment decisions they made, mistakes encountered, and lessons learned. The facilitators offered valuable insights into smarter investment approaches and cash flow management techniques.

The workshop concluded with a wrap-up session led by Mr First Lye, where key financial principles were discussed, including risk management, the importance of understanding cash flow, and the leverage of passive income opportunities. Participants walked away with actionable takeaways on how these lessons can be applied to real-life financial planning and decision-making. 

Overall, the workshop significantly improved students' understanding of cash flow management, with participants recognising the importance of financial discipline, long-term planning, and practical application of financial theories. The hands-on experience reinforced classroom knowledge, empowering students with the tools needed for future financial success.