- Paperback: 360 pages
- Publisher: Plata Publishing; 2nd edition (August 16, 2011)
- Language: English
- ISBN-10: 9781612680057
- ISBN-13: 978-1612680057
- ASIN: 1612680054
- Product Dimensions: 6.2 x 0.8 x 9.2 inches
- Shipping Weight: 12.6 ounces (View shipping rates and policies)
- Average Customer Review: 1,229 customer reviews
- Amazon Best Sellers Rank: #2,487 in Books (See Top 100 in Books)
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Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom Paperback – August 16, 2011
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This book perfectly describes the various ways to make an income... a job, a business, investments... etc... and helps break down that information in an easy way to understand while also inspiring you to take action. Learning is one thing, but to be inspired to make changes you need to take that information and turn it into an action plan is a rare quality to find in a finance book.
This one book could have easily replaced the majority of my accounting college classes, and still would have provided more value than my $250k business degree. I have had the pleasure of rereading this book a few times since purchasing it, and find just as much value each time I browse through the chapters. There is so much information in it that it is easy to overlook things, which makes the thought of re-reading it exciting.
This book is definitely valuable to keep in your library, and not just rent or borrow.
When he explained his "Rich Dad's" Cashflow Quadrant about the four main different ways that people earn incomes, and the very substantial differences in how they think from each other, I really took a hard look at how I was earning an income.
I THOUGHT I was in business for myself, by providing a professional service. Even though I learned quickly and early that if I didn't actually PROVIDE the service, for whatever reason (like I might want to go on a vacation!) then I wasn't making ANY income at all. This book really got me to thinking about how people in the "B" or "Business" quadrant think, as opposed to my quadrant, the "S" or "Specialized" or "Service" quadrant. So I changed "quadrants."
In hindsight, some of this information seems fairly "intuitive." However, having someone spell it out in simple terms for me was very, very helpful.
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.