Monday, June 30, 2008

Robert Kiyosaki - Cashflow Quadrant: Rich Dad's Guide to Financial




Robert Kiyosaki - Cashflow Quadrant: Rich Dad's Guide to Financial
Freedom (2000)

This guide to financial freedom will reveal why some people work less,
earn more, pay less in taxes, and feel more financially secure than
others. It is simply a matter knowing which quadrant to work from and
when. If you've ever wondered why some people make it financially while
others struggle all their lives, this is the book for you. It is a book
written for people who are ready to move beyond job security and begin
to find their own world of financial freedom.

A large part of Kiyosaki's teachings focus on generating passive income
by means of investment opportunities, such as real estate and small
businesses, with the ultimate goal of being able to support oneself by
such investments alone. In tandem with this, Kiyosaki defines "assets"
as things that generate cash inflow, such as rental properties or
businesses—and "liabilities" as things that generate cash outflow, such
as house payments, cars, and so on. Such definitions are somewhat based
on the concept of negative gearing. He also argues that financial
leverage to be critically important in becoming rich.

Cashflow Quadrant is a personal finance and investing book written with
Sharon Lechter, C.P.A. as the sequel to Rich Dad, Poor Dad. In it,
Kiyosaki discusses what he calls the cashflow quadrant: a grid
consisting of the letters "E", "S", "B", and "I". The cashflow quadrant
itself is just an illustrative tool to show the difference between
Employees, Self Employed/Small Business owners, Business owners (not
directly involved in the day-to-day operation of the company), and
Investors. Kiyosaki discusses the differences between concepts and ideas
characteristic of each quadrant, particularly as they relate to passive
income and tax advantages. Again, as a self-help author, he invites
readers to consider their own ideas about money.

Kiyosaki speaks often of what he calls "The Cashflow Quadrant," a
conceptual tool that aims to describe how all the money in the world is
earned. Depicted in a diagram, this concept entails four groupings,
split with two lines (one vertical and one horizontal). In each of the
four groups there is a letter representing a way in which an individual
may earn income. The letters are as follows.

* E: Employee — Working for someone else
* S: Self-employed or Small business owner — Where a person owns his own
job and is his own boss.
* B: Business owner — Where a person owns a "system" of making money,
rather than a job to make money.
* I: Investor — Spending money in order to receive a larger payout in
return.

Download:
yxxp://rapidshare.com/files/126007831/Robert_Kiyosaki-Rich_Dad_s_Guide_To_Financial_Freedom__Cashflow_Quadrant.rar

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