Product Description

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.

Product Details

• Amazon Sales Rank: #3869 in Books
• Published on: 2000-04-01
• Original language: English
• Number of items: 1
• Binding: Paperback
• 251 pages

Features

• ISBN13: 9780446677479
• Condition: NEW
• Notes: Brand New from Publisher. No Remainder Mark.
• Click here to view our Condition Guide and Shipping Prices

About the Author
"Born and raised in Hawaii, Robert T. Kiyosaki co-founded an international education company that operated in seven countries, teaching business to tens of thousands of graduates. Now retired, Robert does what he enjoys most...investing. Concerned about the growing gap between the haves and have nots, Robert created the board game CASHFLOW, which teaches the game of money, here before only known by the rich.

Sharon L. Lechter is a wife and mother of three, CPA, consultant to the toy and publishing industries and business owner. As co-oauthor of RICH DAD, POOR DAD and THE CASHFLOW QUADRANT, she now focuses her efforts in helping to create educational tools for anyone interested in bettering their own financial education."

From AudioFile
This is one of the best of the Rich Dad Poor Dad audios. The core idea in this series is that being an investor or business owner gives one more freedom and a higher upside than being someone else's employee or being an owner-operator of a business. With vivid personal stories, the authors show that many people, including the author's "poor" dad (an educational administrator), choose working for others because of insecurity or misguided trust in organizations. One builds true financial freedom by accumulating assets that make money, especially rental property. Though others have offered this advice, it's clearer and more potent here, and worth listening to many times if your financial insecurity or complacency needs a push. T.W. © AudioFile 2003, Portland, Maine-- Copyright © AudioFile, Portland, Maine

Customer Reviews

If You Liked Rich Dad, Poor Dad, You Must Read This One!
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 learned in Rich Dad, Poor Dad and help you begin the transformation from a salaried or self-employed person into a business owner and investor.

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.

I do recommend that you read Rich Dad, Poor Dad first. You'll get much more out of this book if you do that. Then you'll begin to see opportunities where others see difficulties. Good luck with fulfilling your goals!

Broke the "Paycheck to Paycheck" Cycle
Before reading and more importantly, following the advise in Cash Flow Quadrant, I was like most people in that awful "paycheck to paycheck" cycle, "thank God it's Friday" and oh no, today it's Sunday, back to the old grindstone tomorrow" RUT.I was astonished the other day to talk with someone who I thought was doing pretty well financially. This individual said that if he missed2 paychecks, he would be bankrupt! Then I remembered that was were I was before I read and used the concepts in Cash Flow Quadrant!I would also recommend Who Stole The American Dream, The E-Myth Revisited And Multiple Streams of Income.

Outstanding book - perhaps his best
CFQ was worth every dollar and every minute. Jam packed with information on entering the CAsh Flow Quadrant. This book is especially good for the financially handicapped (those with college and especially advanced degrees and only understand a 9-5 existance)

CFQ helped take me from paycheck to paycheck to paycheck and 9-5 to self employment.

I highly recommend this book along with Rich Dad Poor Dad and other books in the RD series. They are all great.