Rich Dad Poor Dad Quadrant

Explodes the myth that you need to earn a high income to become rich.

Rich dad poor dad quadrant.

What you may not know is that he published a second book that is changing the way we view wealth called rich dad s cashflow quadrant if you haven t had much experience with these theories then. In order to understand the different reactions my rich and my poor dad had you need to understand that there are two categories of people in the world those who see the world through the left side of rich dad s cashflow quadrant and those who see it through the right side. Robert kiyosaki s books have a lot of junk in them. Rich dad poor dad.

He was thinking like an employee e on the left side of the quadrant but i was talking like an investor i on the right side of the quadrant. Why the poor and middle class pay the most in taxes most parents want their kids to go to school get good grades and find a safe secure job. If you ve ever read rich dad poor dad then you ve learned some powerful wealth building theories published by robert t. The numbers from the income statement balance sheet and monthly cash flow tell the story of where cash is flowing.

However there are some gems to be found. Https amzn to 2oe2bwf this is an animated video summary presenting the. Challenges the belief that your house is an asset. For years i ve taught on the cashflow quadrant.

As i ve mentioned in my review of rich dad poor dad his books are thought provoking and go against the grain of many other personal finance gurus but they contain a lot of fluff the signal to noise ratio in his books are pretty high. Shows parents why they can t rely on the school system to teach their kids about money.