Everyone has been fascinated by “wealthy” individuals. It is very amazing that 5% of the world’s population controls approximately 95% of its wealth. But the biggest concern on everyone’s mind is, “Why can only a select few individuals become wealthy?” Some people reach financial independence in their 30s, while others, no matter how hard they work, will never be financially secure. Robert Kiyosaki clearly divides society into four main quadrants in his book “Rich Dad’s Cashflow Quadrant.” He also explains how people can get rich by putting themselves in one or more of these quadrants.
Why some people can work less and still make more money is covered in Rich Dad’s Cashflow Quadrant. This is the distinction between employees and business owners. It becomes clear why some investors are prosperous while others are not. The focus of this book is also on how some of the best graduates wind up working for college dropouts.The Cashflow Quadrant explains why some people are financially successful while others aren’t.
The Cashflow Quadrant divides people into four categories: employees, self-employed individuals, business owners, and investors. Owning a business where others perform the labour for you or being an investor who utilises money to generate more money gives you the most freedom. If you alter your views on money and risk, you can go from being an employee or self-employed to being a business owner or investor. Then create a strategy to manage your spending and reduce your debt and liabilities. Live within your means and begin making a tiny monthly contribution to savings. Get a financial education and specialise in one area of company issue solving. Put your efforts into creating long-term or passive income-producing assets. Take small steps to achieve your objective. Look for mentors, take lessons from your failures, and have faith in yourself.
PDF Name: Cashflow Quadrant Book by Robert Kiyosaki PDFitt PDF
No. of Pages: 322
PDF Size: 10.36 MB