Robert Kiyosaki

Cashflow Quadrant: Rich Dad's Guide to Financial Freedom

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Rich Dad’s CASHFLOW Quadrant is a guide to financial freedom. It’s the second book in the Rich Dad Series and reveals how some people work less, earn more, pay less in taxes, and learn to become financially free.CASHFLOW Quadrant was written for those who are ready to move beyond job security and enter the world of financial freedom. It’s for those who want to make significant changes in their lives and take control of their financial future.Robert believes that the reason most people struggle financially is because they've been spent years in school but were never been taught about money. Robert’s rich dad taught him that this lack of financial education is why so many people work so hard all their lives for money… instead of learning how to make money work for them.This book will change the way you think about jobs, careers, and owning your own business and inspire you to learn the rules of money that the rich use to build and grow their wealth.
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371 printed pages
Original publication
2015

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Quotes

    Pamela Lemushas quoted5 years ago
    The Difference Between an S Type of Business and a
    B Type of Business
    Those who are true B’s can leave their business for a year or more and return to find their business more profitable and running better than when they left it. In a true S type of business, if the S left for a year or more, chances are there would be no business left to return to.
    So what causes the difference? Saying it simply, an S owns a job; a B owns a system and then hires competent people to operate the system. Or put another way, in many cases, the S is the system. That is why they can’t leave.
    Renukahas quotedlast year
    The IPO
    An initial public offering (IPO),
    Renukahas quotedlast year
    About a month later, we found a piece of land for $115,000 that was even more beautiful. It was 87 acres of tall oak trees with a stream, and it had a house. I offered the seller full price if he would give me my terms, which he did. To make a long story short, we spent a few dollars fixing the house and sold the house and 30 acres for $215,000, using the same idea of “low down payment, easy monthly payments.” We kept 57 acres for ourselves.
    This is what the transaction looked like on my balance sheet:

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