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Cashflow Quadrant: Rich Dad's Guide to Financial Freedom
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Sales rank 1,792
Customers rating (based on 341 reviews)
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The Cashflow Quadrant is the follow-up guide to finding the financial fast track that best works for you. It reveals the strategies necessary for moving beyond just job security to greater financial security by generating wealth from four selective financial quadrants.
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| Publisher | Business Plus | | Release date | 04/2000 | | Availability | Usually ships in 24 hours | | Edition | Paperback |
| | List price | $17.95 | | Our price | $12.21 (you save 31.98%) | | Used price | from $2.54 |
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 One of his Best
Just finished reading this great book and you need to focus on this quadrant in order to be successful. Of course I've read "Rich Dad Poor Dad" but I felt he didn't explain the quadrant enough. This book takes care of the details of both the physical and mental aspects of all four income sources. I just love this series for it's brutal frankness and in-your-face motivation to do something about your life.. Kudos to Robert Kiyosaki!!!!
Great book
This is actually my second purchase of this book. I purchased this copy for my son who is now in the army and has been saving some money while in Iraq. He has already read the first Rich Dad Poor Dad book and was hoping once he gets back from Iraq he can start to invest in real estate instead of blowing his money. The book opened my eyes and my original has been lent out so many times I don't know where it is anymore.
Don't read this book at your own risk
This, the second in the series of "Rich Dad" books, is, in essence, a continuation and expansion of the thoughts, reasoning, and direction set forth in the earlier book, and, like its predecessor, is a treasure trove of perceptive insights, common sense, uncommon wisdom and financial advice worth taking. All are enlightening and enriching, making this a book which should be read, understood, and acted-upon by every intelligent reader, particularly those who are not long in the tooth.
The book is similar to its predecessor in many ways, but differs in one important respect. It is divided into two parts: the first being something of a refresher and primer for all interested readers, and the second intended for those readers who are seriously interested in improving their lot in life and are willing to learn more, make the necessary changes, and give it a try. From my perspective, however, everyone should read this book all the way through if for no other reason than to enjoy "Rich Dad's" wisdom and to broaden their insight into how the other half thinks and how THEY operate.
Here is a sampling of "Rich Dad's" shrewd observations and worldly wisdom:
The definition of wealth is the number of days you can survive without physically working (or anyone else in your household physically working) and still maintain your standard of living. Financial intelligence is not so much how much money you make, but how much money you keep, how hard that money works for you, and how many generations you keep it for. A big secret is that true investors make more money in bad markets than in good. Success is a poor teacher, We learn the most about ourselves when we fail. So unsuccessful people are people who never fail. Anything important cannot really be learned in the classroom. It must be learned by taking action, making mistakes, and then correcting them. The name of the game of capitalism is "Who is indebted to whom?" Your profit is made when you buy... not when you sell. If you take on risk and debt, make sure you get paid for it. The reason you should buy rental property is because the bank gives you the loan, but your tenant pays for it. To be successful as an investor or a business owner, you have to be emotionally neutral to winning and losing. Winning and losing are just part of the game. Great transfers of wealth often occur when laws and markets change. So it is important to pay attention if you want to have those changes work in your favor and not against you. And, finally: Every time you owe someone money, you become an employee of their money. If you take out a 30 year loan, you've become a 30 year employee, and they don't give you a gold watch when the debt is retired.
In conclusion: If investing is risky, as many believe, then not reading this book may be even riskier.
Should be taught in school!
A must read for all. We live in the most free country in the world, however, our culture doesn't teach financial freedom. We are taught the exact opposite...go to school, get a job, retire and live on less than you made while working...what's wrong with this picture??? Read this book, (and others in the series), learn there is a better way, and "change your mind"! S. Thompson - Waterbury, CT
Cashflow Quadrant
Very detailed. Must know info. that will help recondition our mind and guide on becoming financially free.
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