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Summary: The CashFlow Quadrant - Robert Kiyosaki and Sharon Lechter
Summary: The CashFlow Quadrant - Robert Kiyosaki and Sharon Lechter
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Publisher:
Must Read Summaries
DRM:
Watermark
Publication Year:
2013
ISBN-13: 9782806233622
Description:
<div><b>Complete summary of Robert Kiyosaki and Sharon Lechter's book: "The Cashflow Quadrant: Rich Dad’s Guide To Financial Freedom"</b><br><br></div>The review of the ideas in&nbsp;Robert Kiyosaki and Sharon Lechter's book: "The Cashflow Quadrant" shows the four ways in which income can be generated: &nbsp;1. You can get a job; 2. You can be self employed; 3. You can build and own a business system of some type; and 4. You can invest in other businesses. This summary highlights that most people spend the majority of their time working in the first two quadrants. The only problem is that to build assets which may decline in value (houses, possessions), they take on greater amounts of debt, locking them in to working harder still to earn more to service more debt. The financially astute, however, maximize the amount of time spent on activities in the 2nd and 3rd quadrants. The objective is to build their assets until that source of cashflow covers life style expenditure.&nbsp;<div><br></div><div><b>Added-value of this summary:&nbsp;</b></div><div><span style="color: rgb(51, 51, 51); font-family: 'Open Sans', 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; line-height: 20px; background-color: rgb(249, 249, 249);"><span class="Apple-tab-span" style="white-space:pre"></span>•&nbsp;</span>Save time</div><div><span style="color: rgb(51, 51, 51); font-family: 'Open Sans', 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; line-height: 20px; background-color: rgb(249, 249, 249);"><span class="Apple-tab-span" style="white-space:pre"></span>•&nbsp;</span>Understand key concepts&nbsp;</div><div><span style="color: rgb(51, 51, 51); font-family: 'Open Sans', 'Helvetica Neue', Helvetica, Arial, sans-serif; font-size: 14px; line-height: 20px; background-color: rgb(249, 249, 249);"><span class="Apple-tab-span" style="white-space:pre"></span>•&nbsp;</span>Expand your business knowledge&nbsp;<br><div><br></div><div><b>To learn more, read "The Cashflow Quadrant" and you will see opportunities where others see difficulties.</b></div></div>