#6965
Mentioned in 13 episodes
The cashflow quadrant
Book • 1999
In 'Rich Dad's Cashflow Quadrant,' Robert T. Kiyosaki explains the four types of people when it comes to money: Employees (E), Self-employed (S), Business owners (B), and Investors (I).
The book emphasizes that financial freedom is more likely achieved by moving from the left side of the quadrant (E and S) to the right side (B and I), where money works for you rather than the other way around.
Kiyosaki argues that traditional education often fails to teach financial literacy, leading many to work hard for money instead of making money work for them.
The book provides insights into the skills and mindsets required to succeed in the B and I quadrants, which are key to achieving true financial freedom.
The book emphasizes that financial freedom is more likely achieved by moving from the left side of the quadrant (E and S) to the right side (B and I), where money works for you rather than the other way around.
Kiyosaki argues that traditional education often fails to teach financial literacy, leading many to work hard for money instead of making money work for them.
The book provides insights into the skills and mindsets required to succeed in the B and I quadrants, which are key to achieving true financial freedom.
Mentioned by
Mentioned in 13 episodes
Mentioned by Erik_YWR as a book he liked on personal finance and building a multi-layered financial fortress.
50 snips
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