![]() ![]() It’s also about investing your money in appreciating assets so that you can reap the financial benefits and have more time for yourself. It’s about using your time wisely, which means delegating tasks when possible and using tools to help you get more done in less time with fewer errors. It means you’re putting in long hours at your job, staying late to get that project done, or doing whatever it takes to meet deadlines and get the job done. Working hard is what most people do-and it’s not necessarily a bad thing. If you want to save this summary for later, download the free PDF and read it whenever you want.ĭownload PDF Lesson 1: There is a fundamental difference between people in the E and S quadrants, and those in the I or B quadrants. We’re analyzing each lesson in detail below, so let’s start! If you loved Kiyosaki’s first book or if you want to learn more about reaching financial independence, you’re going to love what’s next. Investing is complicated at first, but after analyzing the five types of investors, you’ll know where you stand.Truly rich people know that they need to start moving within the B and I quadrants ASAP.People who live off of their hourly labor alone are extremely different from those who invest or have their own business.Here are three of my favorite lessons from the book: Finally, the I quadrant depicts investors who invest money to gain profits on a regular basis with little effort on their part. The B quadrant represents business owners who own an asset or business that provides income for them. The S quadrant represents self-employed people who sell their services to others and keep the profits. The E quadrant represents employees who work for others and provide labor in exchange for a paycheck. ![]() The book explains that there are four different types of people: Rich Dad’s Cashflow Quadrant explains how people can get rich by working smarter, not harder. 1-Sentence-Summary: Rich Dad’s Cashflow Quadrant is an inspiring read by Kiyosaki which comes as a sequel after his first groundbreaking book and presents how hard work doesn’t always equal becoming rich, as wealth is likely a result of smart money decisions. ![]()
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