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Monopoly, Money, and You: How to Profit from the Game’s Secrets of Success

ISBN10: 0071808434 | ISBN13: 9780071808439

Monopoly, Money, and You: How to Profit from the Game’s Secrets of Success
ISBN10: 0071808434
ISBN13: 9780071808439
By Philip Orbanes

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THE GAME-CHANGING GUIDE TO SMARTER FINANCIAL DECISIONS Through vividly illustrated game play, Monopoly, Money, and You shows you how to manage real-life financial challenges using lessons from the iconic board game. You'll improve the critical skills it takes to succeed fi nancially, including: CASH MANAGEMENT * DIVERSIFICATION * NEGOTIATING * DEAL-MAKING * ANALYZING OPPORTUNITIES * CREATING A BUDGET * REDUCING DEBT * MAKING THE BEST OF LIMITED CHOICES * KEEPING YOUR COOL IN TOUGH TIMES "[Orbanes] reveals tips and life lessons that are useful to everyone, from high schoolers getting theirfirst credit cards to Wall Street traders looking for an edge in their next negotiation." -- KEVIN TOSTADO, producer and director of Under the Boardwalk: The Monopoly Story "Monopoly became a part of my life the moment my father, Robert Barton--then president of Parker Brothers--acquired the game in 1935. Now, all these years later, Philip Orbanes reveals what we've all sensed since then--the game is replete with solid financial lessons." -- RANDOLPH P. BARTON, former president of Parker Brothers "As Philip Orbanes says, Monopoly teaches you two N's: numbers and negotiation. Numbers are vital to financial success, be it in your business, career, or personal life. And negotiation is really the acquired skill of selling effectively, a skill you rely on daily." -- BOB REISS, founder of 16 start-ups and author of Low Risk, High Reward

CONTENTS

Getting Ready to Play: Return to Marven Gardens.• The game’s lessons and real life.
1. MONEY: Monopoly makes you think about money. Let’s think.
2. The BOARD: Know your playing field and what lies ahead.
3. RULES: Embrace the game’s rules; there are rules and principles in life as well. • Set your goals
4. GAME #1: Learning and applying the basics.• Diversification• Cash Management
5. TOKENS: Who you are.•Confidence, Expressiveness, Self-Control, Affability
6. DICE: Luck…and why it’s not all random.• The Speed Die
7. DEEDS: Converting cash and making it grow.
8. BUILDINGS: Major commitments; steeping up cash conversion.
9. GAME #2: The 2009 United States Championship • Over Diversification• Frequency
10. CARDS: Expecting the expected. • Game theory / Gamification
11. PLAYERS: • Assertiveness• Restraint• The Art of the Trade.• Negotiator Styles
12. THE CLOCK: The timing of opportunity. • Your Game Plan
13. GAME #3: The 2009 World Championship• Complacency• Effective Negotiation
14. FUN: Fun as a reward for accomplishment. • House rules, Monopoly Mega, The Monopoly Brand, Documentary
Appendix
Bibliography

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