Download Rich Dad’s Cashflow Quadrant pdf
Rich Dad’s Cashflow Quadrant is a guide to Financial Freedom By Robert T. Kiyosaki. This book is dedicated to those who are willing to pay the price.
Rich Dad Poor Dad will…
- Explode the myth that you need to earn a high income to become rich
- Challenge the belief that your house is an asset
- Show parents why they can’t rely on the school system to teach their kids about money
- Define once and for all an asset and a liability
- Teach you what to teach your kids about money for their future financial success
Cashflow Rich Dad’s quadrant – Edu Akadeemia
There have been many changes in our economy and the investing landscape since Rich Dad Poor Dad was first published in 1997. Fourteen years ago, Robert Kiyosaki challenged conventional wisdom with his bold statement that “your house is not an asset.” His contrarian views on money and investing were met with skepticism, criticism, and outrage.
In 2002, Robert’s book, Rich Dad’s Prophecy, advised that we prepare for an upcoming financial market crash. In 2006, Robert joined forces with Donald Trump to write Why We Want You To Be Rich, a book inspired by their concern for the shrinking middle class in America.
Robert continues to be a passionate advocate for the importance and power of financial education. Today, in the wake of the subprime fiasco, record home foreclosures, and a global economic meltdown that is still raging, his words seem not only prophetic, but enlightened. Many skeptics have become believers.
In preparing the 2011 edition of Rich Dad’s CASHFLOW Quadrant, Robert realized two things: that his message and teachings have withstood the test of time, and that the investment landscape, the world in which investors operate, has changed dramatically.
These changes have affected, and will continue to affect, those in the I (Investor) quadrant and have fueled Robert’s decision to update an important section in this book— Chapter Five: The Five Levels of Investors. Source: Rich Dad’s Cashflow Quadrant pdf.
Download Rich Dad’s Cashflow Quadrant pdf:
My rich dad used to say “You can never have true freedom without financial freedom.”
He would go on to say, “Freedom may be free, but it has a price.”
Who Is This Book For?
This book Rich Dad’s Cashflow Quadrant pdf is written for people who are ready to change quadrants, especially for individuals who are currently in the E and S categoriesand are contemplating moving to the B or I category.
This book Rich Dad’s Cashflow Quadrant is for people who are ready to move beyond job security and begin to achieve financial security. It’s not an easy life path, but the prize at the end of the road, financial freedom, is worth the journey.
When I was 12 years old, rich dad told me a simple story that guided me to great wealth and financial freedom. It was his way of explaining the
difference between the left side of the CASHFLOW Quadrant, the E and
S quadrants, and the right side, or the B and I quadrants. The story goes
“Once upon a time there was this quaint little village. It was a great place to live except for one problem. The village had no water unless it rained. To solve this problem once and for all, the village elders asked contractors to submit bids to deliver water to the village on a daily basis. Two people volunteered to take on the task, and the elders awarded the contract to both of them. They felt that a little competition would keep prices low and ensure a backup supply of water.
“The first person who won the contract, Ed, immediately ran out, bought two galvanized steel buckets and began running back and forth to the lake which was a mile away. He immediately began making money as he labored morning to dusk, hauling water from the lake with his two buckets. He would empty them into the large concrete holding tank the village had built. Each morning he had to get up before the rest of the village awoke to make sure there was enough water for the people. It was hard work, but he was very happy to be making money and for having one of the two exclusive contracts for this business.
“The second winning contractor, Bill, disappeared for a while. He wasn’t seen for months, which made Ed very happy, since he had no competition.
“Instead of buying two buckets to compete with Ed, Bill wrote a business plan, created a corporation, found four investors, employed a president to do the work, and returned six months later with a construction crew. Within a year, his team had built a large-volume stainless-steel pipeline which connected the village to the lake.
At the grand-opening celebration, Bill announced that his water was cleaner than Ed’s water. Bill knew that the villagers had complained about the water’s lack of cleanliness. Bill also announced that he could supply the village with water 24 hours a day, 7 days a week. Ed could only deliver water on weekdays because he didn’t want to work on weekends. Then Bill announced that he would charge 75 percent less than Ed did for this higher-quality, more-reliable water. The villagers cheered and immediately ran for the faucet at the end of Bill’s pipeline. Source: Rich Dad’s Cashflow Quadrant pdf.
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