How would you rate your personal money management skills? A lot is written for traders about managing their money in trades, but how about our personal bank accounts etc. What's your view, how would you rate yourself. I've read tons of personal finance books. My favorite is "Richest Man in Babylon". Robert Kiyosaki has the "Rich Dad, Poor Dad" series, which is also very good. Sometime back, our oldest son purchased two games. One is "Cashflow for kids", the other "Cashflow 101". Kiyosaki devised them. Our grandchildren love playing them. In fairly short order it teaches them about money management. They receive a paycheck and pay bills. Things come up they have to pay for etc. The older ones are now playing 101. The object is to get out of the Rat Race. You select a profession card (they're face down) and record your income and expenses. Throughout the game you have the opportunity to purchase stock, houses, apartments, businesses etc. which provides cashflow. You also can be downsized, get audited, buy doodads, and have children (which raises your expenses and lowers your income). Its interesting to note that professions with higher wages often times have a harder time getting out of the rat race because of their level of indebtedness. I once played the game with a 14 yr old that constantly wanted her parents to buy her "doodads" and was anxious to grow up and have a baby. She had a fairly low paying job, kept landing on doodad squares (one was a $4000 big screen TV) and had 3 children. When the first one came around it was "no problem", when the second one came it was "oh well", when the third one came (you're limited to 3) it was "not again!". She left with a different attitude. So I ask how you would rate yourself on your money spending? What are you doing to get out of the rat race or do you even want to. Are you satisfied with what you have or looking to have the newest and latest whatever? Do you pay yourself first or last? What have you taught or are teaching your children? Do you need a 'new' car or are you willing to fix up the old one? Just thought I'd throw this out. Kids might learn to read and write, but nothing is taught about money management. When crap happens, most people are caught flatfooted.