Profession: ___________________ Player: _________________ Auditor (to R): ________________ Goal: To get out of the Rat R
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Profession: ___________________ Player: _________________ Auditor (to R): ________________ Goal: To get out of the Rat Race and onto the Fast Track by building up your Passive Income to be greater than your Total Income
Income Statement Active Income Salary (Total Active Income) _________________
Interest Dividends
Passive Income (A) _________________ _________________
Expenses Taxes _________________ Home Mortgage _________________ School Loan Payment _________________ Car Payment _________________ Credit Card Payment _________________ Retail Payment _________________ Other Expenses _________________
=
Bank Loan Payment
TOTAL PASSIVE INCOME (A+B) Total Active Income
Number of Children ______ Per Child Expense x ______ Child Expenses
Passive Income (B) Real Estate: (a)________________________ _____________ (b)________________________ _____________ (c)________________________ _____________ (d)________________________ _____________ (e)________________________ _____________ (f)________________________ _____________ (g)________________________ _____________ Business: (a)________________________ _____________ (b)________________________ _____________ (c)________________________ _____________ (d)________________________ _____________
TOTAL INCOME
_________________
Total Expenses
_________________
MONTHLY CASHFLOW
Balance Sheet Liabilities
Assets Savings Stocks / Mutuals / CDs
___________ # of Shares Cost / Share
Real Estate (a) (b) (c) (d) (e) (f) (g)
Down Pay
Cost
Real Estate Investments (a) (b) (c) (d) (e) (f) (g)
Mortgage Amt
Business (a) (b) (c) (d)
Down Pay
Cost
Business Investments (a) (b) (c) (d)
Liability Amt
Memory Counters: Downsized: Charity Roll:
Home Mortgage School Loans Car Loans Credit Cards Retail Debt
Bank Loan
_____________ _____________ _____________ _____________ _____________
______________ Created by: John Mohr (Twitter: @bcinvestorsco)
Congratulations!
Name: ___________________________
You are out of the Rat Race!
Auditor: __________________________
How to Win
New Goals:
Your Passive Income (from other side)
$_________
1) Buy you ‘Dream’ on the Fast Track!
(rounded to nearest thousand dollars)
Buyout multiple
x 100
Your beginning CASHFLOW Day Income
$_________
Fast Track Cash Flow needed to win
+ $5000
New CASHFLOW Day Income Goal
$_________
2) Increase you monthly Cash Flow by buying Fast Track businesses. You Win if: a) You are the first person to buy your dream. - OR b) You are the first person to accumulate $50,000 in monthly Cash Flow from businesses purchased on the Fast Track.
You receive 100x your Passive Income because: You’ve proven you financial intelligence! Your Rat Race investments have prospered. You’ve reinvested your returns for outstanding investment success. You’ve successfully increased your passive income 100 times!! Your CASHFLOW Day Income Record $___________________
Beginning CASHFLOW DAY INCOME Business
Monthly Cash Flow
New CASHFLOW Day Income
Your CASHFLOW Day Income is equal to your beginning CASHFLOW Day Income plus the Cash Flow from every Business that you buy on the Fast Track. Created by: John Mohr (Twitter: @bcinvestorsco)
Cash Account Ledger for CASHFLOW 101 Description
Page 1 Debit (Increase)
Credit (Decrease)
Balance
Savings + 1st Paycheck (starting balance)
Created by: John Mohr (Twitter: @bcinvestorsco)
Page 2 Description
Debit (Increase)
Credit (Decrease)
Balance
Balance Forward (from other side)
Created by: John Mohr (Twitter: @bcinvestorsco)