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Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom Paperback – August 16, 2011
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From there, Kiyosaki introduces the "cashflow quadrant," depicted on the book's cover. The general idea is that we are all in one of four quadrants: Employee, Self-Employed, Businessman, or Investor. From there, Kiyosaki explains that financial freedom comes from moving from the left side to the right side, becoming a businessman or an investor.
One criticism of Kiyosaki's books is that once you've read one, you've read them all, and that idiom largely holds true here in Cashflow Quadrant. The goal is to increase your "passive income" so that it exceeds your expenses. Once you've accomplished that, you're financially free to live however you choose.
This book starts with great potential -- where I was stimulated to think differently about my job and my financial goals -- but the book quickly becomes repetitive, and I found myself skimming many of the pages.
Ultimately, the book's core principal -- seek to increase your passive income, so that you're not always slaving away for money -- is a good one, but it is quickly grasped, leaving much of the book as excess. If you can find this book cheaply or at a library, I'd recommend reading the first few chapters, but don't buy this one new because you won't need to reread it.
What I can tell you about Cashflow Quadrant is that it is a fantastic read. The ideas in the book are very simple but very eye-opening. Kiyosaki's writing is repetitive and clunky but I really don't mind.
I recommend this book to anyone who is interested in making their money through other means rather than working a job.
I like that this book has been as popular as it has been. I think it has inspired a lot of people to learn about personal finance and how to build wealth. This is a very good thing.
I would caution people, because a lot of the advice given in these books can be dangerous. The problem is these books don't actually give any solid advice on anything covered in these books. These authors sound repetitive and vague in each and every book. They repeat short one liners about how to build wealth, mention that anyone who wants to get serious talk to a finance adviser, and vaguely talk about how the authors got rich.
If you are just starting out on reading personal finance and investing book and need an easy read, this may be for you. If you have already gone through a few books and want real information, I would skip these books over.
Most Recent Customer Reviews
He says: "If you went to school and got a job, and you’re saving money and investing in the stock market today, you’re going to lose.”
Wow. Read more
I give copies of this book to anyone that I think has an entrepreneur spirit. It is a fun / interesting / motivational read from cover to cover.Published 5 days ago by 1_Trusted_Seller
Not worth it. It is over long to be the length of a "business" book. Also the story of his success is as presented throughout his books is false, as he has admitted. Read morePublished 9 days ago by tinman01
this book should be a lot shorter... Just repeating the same idea over and over again.. Not worth it in my opinion.Published 16 days ago by K. G.