‘Do I invest still like in the Industrial Age?’ ‘ What part of CASHFLOW Quadrant do I fall in?’ Once you finish reading the book it induces a few vital questions in your mind about your true identity:
The book also outlines how an employee or a self-employed can manoeuvre himself to be a part of the right-hand side, especially an Investor. People from B and I quadrants are the ones that truly succeed in life as they learn from mistakes.
CASHFLOW QUADRANT BOOK REVIEW HOW TO
I quadrant people know how to grow wealth by leveraging on and investing in other’s businesses. They enjoy their freedom and are open to taking risks. The author highlighted that both E and S quadrant people don’t know how to take advantage of taxes and other benefits enjoyed by large businesses.ī quadrant classifies are big business owners, who use people from E and S quadrant to grow their wealth. In a true sense, he is equivalent to an employee, because if he doesn’t work for a few days, his income decreases. The author refers to the S quadrant person as, “do-it-yourself”, the one who prefers freedom and works hard alone to make money. He is always looking out for safety and solely relies on his employer for income.
In the book, Robert explains that E quadrant person seeks security and is afraid to take risks.
CASHFLOW QUADRANT BOOK REVIEW WINDOWS
Each one of us form a part of CASHFLOW Quadrant, distributed into four windows ‘E’, ‘S’, ‘B’, and ‘I’.Į and S fall on the left side of the quadrant. Robert Kiyosaki explains that depending on our individualistic core psychology, we seek the source of income and methods on how we build wealth. Through a diagram he illustrates the difference in approach towards the source of income of individuals and classifies them in each quadrant. The author continues to highlight the teachings of his rich father that encouraged him to attain financial freedom. ‘CASHFLOW Quadrant’, a sequel to Rich Dad, Poor Dad, by Robert Kiyosaki. Now, this book is my reference guide to becoming a better investor and achieving financial freedom. And you know what, I have even added it to the list of books that give me the ‘ WOW’ feeling. So I finished reading this other book and today I’m sharing a very important concept. Infact it did, if you remember reading my previous article, 8 Key Lessons On Financial Freedom, it encouraged me to read further. If you haven’t started due to other commitments, its better late than never.īecause, “ I do believe something very magical can happen when you read a good book.”-J.K. “The Journey of a lifetime starts with the turning of a Page.” – Rachel Anders Definitive Guide To Successful Equity Investing.10 Steps to Select Winning Mutual Funds.The Complete Guide to Public Provident Fund (PPF).
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