Rich Dad Poor Dad Quadrant

Explodes the myth that you need to earn a high income to become rich.

Rich dad poor dad quadrant.

Rich dad poor dad. In order to understand the different reactions my rich and my poor dad had you need to understand that there are two categories of people in the world those who see the world through the left side of rich dad s cashflow quadrant and those who see it through the right side. The numbers from the income statement balance sheet and monthly cash flow tell the story of where cash is flowing. Shows parents why they can t rely on the school system to teach their kids about money.

Challenges the belief that your house is an asset. If you ve ever read rich dad poor dad then you ve learned some powerful wealth building theories published by robert t. Why the poor and middle class pay the most in taxes most parents want their kids to go to school get good grades and find a safe secure job. What you may not know is that he published a second book that is changing the way we view wealth called rich dad s cashflow quadrant if you haven t had much experience with these theories then.

For years i ve taught on the cashflow quadrant. Robert kiyosaki of rich dad poor dad offers personal finance education to help you learn about cash flow real estate investing how to start a business. As i ve mentioned in my review of rich dad poor dad his books are thought provoking and go against the grain of many other personal finance gurus but they contain a lot of fluff the signal to noise ratio in his books are pretty high. Robert kiyosaki s books have a lot of junk in them.

Https amzn to 2oe2bwf this is an animated video summary presenting the. Rich dad said if you want to be rich you ve got to understand numbers that s why a personal financial statement is your report card once you leave school.