Rich Dad's Cashflow Quadrant [NOOK Book]

Rich Dad, Poor Dad Part II

Cashflow Quadrant is really an expansion of the concepts Kiyosaki introduced in his first book, Rich Dad, Poor Dad. He explains in further detail how lack of financial knowledge causes most people to live a life of debt and servitude to their income. Unlike Rich Dad, Poor Dad, Kiyosaki offers some concrete steps to take to achieve financial independence (without going so far as to make actual stock tips). The book is easy to read and the concepts are well presented, making Cashflow Quadrant a great place for many people to start their financial education.

1 out of 1 people found this review helpful.

Cashflow is king

Until you understand which quadrant you are in you won't be able to move to the next level. This book does an excellent job in making a distinction between employees, investors, sole proprietors and business owners. It shows that cashflow is king

1 out of 1 people found this review helpful.

It was okay...

... really not a "Guide." Leaves you with many questions yet on recommendations on where to start and highly promotes his Rich Dad Coaching program.

I'd still recommend it -- if you have the drive to keep going you'll find somewhere to start or just fumble around until your path presents itself.

Freedom here I come!

This Book is great for gaining insight, awareness, and perspective in how your money comes to you and time and energy it takes to acquire money from the different quadrants. It explains the four ways money is earned or even better unearned, and it explains the paradigms of the four quadrants and how by changing your paradigms you can change your quadrants.

I personally really enjoyed reading this book and am very excited about moving out of self employment into business ownership and expanding my investor quadrant. Freedom here i come!

Cashflow Quadrant

I found this book very educational on the financial level. The author explains things in the simplest form in order for a novice to the financial world to understand. I strongly recommend this book to people who would like to improve and change their financial outlook. Excellent book!

Where are you and where do you want to be?

Cashflow quadtrant is a follow-up to Rich Dad, Poor Dad. If you haven't read the first you need to before going into this book. That way you will understand the concepts and theories much easier. As with his other book, read it slow and thoughtfully. Give it time to sink in and take hold of you. Focus on where your money come from and where you want it to come from, then follow his lead to get yourself over to that place where the magic happens and you have more money than you ever could have dreamed. I know can happen, I've seen it happen with others and it's starting to happen with me. This is a book that you will want to read a number of time, for each time you read it you will get more and more out of it.

Uri Gofman reviews Cash Flow Quadrant

An absolute must read. Kiyosaki lays it out in laymen's terms. if you're in business for yourself or thinking about going into business for yourself, this book can change your future.

For the Business Minded!

This book helped me to realize that I'm not where I want to be and gave me direction to get where I want to be. I recommend this for everyone who wants to stop trading time for money.

u must surrender your expectations.

well done! this books shows you that before you can make a change in your financial income,you have to first change your way of thinking about money and this book will help you do that.

Buckets of Cash

Attention all Kiyosaki fans: If the final pages of Rich Dad left you wanting more, this book is the perfect sequel. It elaborates on some of the theories from the first book and still offers an easy to understand, storybook style. You don't have to be an accountant or financial wizard to understand the Cashflow Quadrant. If you are eager to learn about your personal strengths or even if you're still on the fence about whether or not to take the next step to financial freedom, try reading Rat Race Relaxer: Your Potential & The Maze of Life by JoAnna Carey it is the perfect complement to the Kiyosaki series. It provides 52 ways to help you think about what you really want from life and offers steps on how to get it. I only wish I heard about these books sooner.

Informative

I enjoyed this book a lot. Mr, Kiyosaki challenges your thinking in regards to working for others or working for yourself. We've been programed to go to school and seek out a good job. This puts you in the (E) quadrant. He also discusses the problem of being self-employed. All you own is a job a not a system. If you have a system you don't have to be there at the company where you work. He also talks about what it takes to be successful in the (B) and (I) quadrants. These are where the fortunes are made. It makes you take a second look at where you are and where you want to be.

Reviewed by a Chemical Engineer

For the literate in business and investment this book may be repetitive and provide very little NEW information, for the skeptic it does become obvious that the source of Kiyosaki's fortune is selling books like this and others and therefore they'll try to disqualify it. But for the common man, who was raised believing that good grades and a secure job is all you need for financial success this book is a true eye opener. In almost every example I was able to see myself, my collegues or worst, my bosses; the people in who's steps I've been try to follow. Yes, the book is repetitive, whether to make the ideas sink in or just to create volumen and make you believe your buying a longer book, that is up to the reader to decide. But even if the book was half its size, or even a quater it would be worth every cent. Don't expect to find potential investment options or web sites you can go to find business oportunities, but if you read carefully you'll be able to see all the business opportunities that are around you and what homework needs to be done to engage in them.

Wake Up People

In the age of the internet it is baffling how many people are continuing to fall for the Kiyosaki version of success. He did not make his fortune in real estate, as he 'claims.' Instead, it was made by promoting get rich quick books and overpriced games and services. A little research into the claims stated in the first book would easily validate my statements. The military background, investments, even the rich dad are all a farce. Do your homework people. It's all a gimmick, and a very profitable one indeed. Lastly, ignore anything related to property flipping, it's illegal now. You can verify this at the HUD website.

0 out of 2 people found this review helpful.

why I'll never be an employee again

My parents were born in the era where you could find a good job with great benefits, work for the same company for 35 years and retire with a comfortable pension. All through school, my teachers shared the same paradigm. I was conditioned to become an employee. I knew of people who had their own businesses, but they typically were the ones who didn't do very well in school. They paid the price by risking all they had on their own business. From everything I was told at home and in school, the ideal career path for me was to embrace the security of being an employee. After several years as an employee, bouncing from job to job, I realized that job security did not exist in the Information Age. But how else could I make a living? Along came Robert Kiyosaki's Cashflow Quadrant, and everything finally started to make sense. Cashflow Quadrant explains the different ways that people are able to make money. It teaches the difference between employees, self-employed, business owners and investors. It gives the advantages and disadvantages of each, and explains that most people are able to generate income from all four quadrants, as long as they are willing to learn and change. How effective Cashflow Quadrant will be in your life depends on how willing you are to change your thinking. It is possible to start this book with an employee mentality, read through the entire book, and come out the other end completely unchanged. However, that won't be the fault of the book. Cashflow Quadrant is written in simple language. It is often repetitive. (Hmm...is that because the author is forgetful, or is there a point here that needs to be emphasized?) There is a wealth of information here that can get you out of the prison of employment or self-employment and on the path to freedom via business ownership and investing. With my years of conditioning, I initially fought the information in this book. Be sure to approach this with an open mind, for your financial freedom may be at stake. I still have a long way to go to apply everything I've read, but Cashflow Quadrant has changed my thinking, and that has completely changed my financial future. Larry Hehn, author of Get the Prize: Nine Keys for a Life of Victory

Helping Me along the Way

I'm currently a college student, so I need all of the financial advice that I can get, which is why I have started to read material such as this. The concepts are very simple and yet profound at the same time. There is also repitition in the use of terms and ideas, which is no where near a bad thing. Now, it's just up to me to put what I've read into action and become a 'B' and 'I', while moving away from being an 'E'.

Great for making you think.

I just finished this book and I must say that it has made me think about my life. I had already begun the process of moving into the 'B and I' side of the quadrant before reading the book. This book has just made me want to move over to that side faster. Overall the book could be shorter (50 to 75 pages), but it really does make you think.

If you are looking to inprove your finanical situation this book could help

The author does a great job explanning on how to improve and to get educated on your own. This book is helping me get started on investing with what little money that i have. In the long run it will make a difference. The book explains how he started and how it is in his family,he gives alot of examples and gides you through. i thought that this book was great because this is what im interested in and i want to be an investor.

If your looking for direction, this book will take you there!

This book is truly encouraging and allows you to look inside of yourself and examine the direction in which you are going and it helps set you on the right track not just for yourself or your business, but also your family. This is truly an must read book! This book also allows you to see and understand how we are program in this day and time to walk, talk and learn things from a time that is very different than today.

VERY GOOD

very well writen and lost of examples very interesting to see how different people respond to what others do

Rich Dad's Cashflow Quadrant: Rich Dad's Guide to Financial Freedom

This book deserves more than five stars for conveying the most important fundamentals about investing in a way anyone can understand! Hundreds of people write to me to ask what introductory books about investing they should read. I tell them to start with Rich Dad, Poor Dad and then to move on to Cash Flow Quadrant. Forget about only buying stocks as the only way to build your financial foundation! These books give you a much sounder perspective. Stocks play a useful role, but primarily after you have created powerful ways to generate on-going cash flow. Repetition is the source of mastery, and The Cash Flow Quadrant takes the excellent thinking in Rich Dad, Poor Dad and builds to another level of detail. This information will increase what you learn in Rich Dad, Poor Dad and help you begin the transformation from a salaried or self-employed person into a business owner and investor with plenty of cash to invest in many different classes of attractive assets. The definitions of these four quadrants are important. As an employee, you have a job. As a self-employed person, you own a job. As a business owner you have a system (such as a franchise like McDonald's) that produces cash flow for you and others work for you. As an investor, your money works for you. Rich people are getting more than 70 percent of their cash flow and income by having money work for them. One of the strengths of the book is that it deals with the subtle psychological differences among people in the four different quadrants, especially on subjects like security and freedom. Kiyosaki and Lechter then do a nice job of helping you understand the difference between risky and taking risk. The latter is a good idea, when you know what you are doing, and the former is always to be avoided. The book is not dogmatic, pointing out that good results can be reached in a variety of ways. You have to decide which ones are right for you. In general, you are encouraged to move from the employee and self-employed side for your income to the business owner and investor side. Then, take your cash flow and expand it into investments. Another of the strengths of the book is to make it clearer what the advantages of income property are. In these Internet stock-crazed days, many are looking only to stocks and missing good commercial property opportunities. There are lots of good questions you can use to help frame your road through the cash flow quadant. At a minimum, you will become much more financially literate. With the help of the 7 steps here for making the necessary changes, you should begin to make the transition. The book has a nice conversational tone that turns personal economics into common sense examples and principles. The downside of any book about changing your life is that you can read it much faster than you can master the lessons and apply them. I suggest that you schedule time to reread this book over the next 10 years. That's the best way to check up on yourself and how you are doing. Where else do you lack fundamental understanding of important basics? Check out your knowledge of health, happiness, and peace before committing all of your time to the pursuit of propserity. Start with Live Right for Your Type, go to Life Strategies, and then spend some time meditating. I strongly recommend the related new title, Rich Kid, Smart Kid, for your children and grandchildren. Donald Mitchell, co-author of The Irresistible Growth Enterprise and The 2,000 Percent Solution