November 25, 2008

Rich Dad's Cashflow Quadrant

Hello, today I'm gonna review the sequel of the phenomenal New York Times Bestseller "Rich Dad Poor Dad". On the sequel, Robert T. Kiyosaki talk mainly about the four quadrant: Employee, Self-Employee (Small Business), Business, and Investor. In this book he'll tell you what is the advantage and disadvantage of each quadrant. And one thing that mentioned in the book frequently are the importance of moving from the left quadrant (E and S) to the right quadrant (B and I). Also, he'll tell you what you can get from becoming right quadrant like, no more disappearing money you get because of taxes that you'll get if you're an employee. But, Robert T. Kiyosaki also said that for an employee who want to migrate to the right quadrant they should keep their job because working in B or I quadrant will be hard to start with. And also in this book he give you clear example of diagram of income and outcome that was really easy to learn. And last thing that he always mentioned that if you want to reach financial freedom, you're gonna need to do it, because you'll get nothing if you just wait for miracle to happen. Like one of famous quote that said, "If you want a miracle, be that miracle." And also I recommend you to read the Rich Dad, Poor Dad first, because that's the basic all of Robert T. Kiyosaki's books.

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