Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom Paperback – August 16, 2011

I have always wondered how the rich and the wealthy created the systems that enabled them to be rich and wealthy. now I know. This book provides simple but powerful workable processes anyone can use to become rich and wealthy regardless of your current financial position.

A must read book

I read Rich Dad, Poor Dad many years ago, and frankly I didn’t think much of it. The core idea is imperative to understand - poor people buy liabilities, rich people buy assets. A critical idea, but it seemed like the book was just a bunch of fluff other than hammering that one concept (though again, an important one). And i didn’t think much more about Robert and his work until I read Cashflow Quadrant.Interestingly, Robert apparently is somewhat of a controversial figure. When I mention his name, people either seem to love him, or think he’s a scam and a liar. I can’t comment too much on that, other than to say, from what I have seen in his videos and books, he seems to be a very genuine and honest person with intent to help people.Either way, it’s irrelevant. Cashflow Quadrant os a fantastic book that almost anyone should read IMO. I’m only halfway through and I’ve learned so much already. I’ve never seen this good of a perspective and practical advice on the mindset you need to evolve from an employee or self-employed to a business owner or investor.It explains the specifics of each, and how you actually need to become a different person to succeed in each, and what those mindsets are. I found myself firmly in the Self-Employed mindset, and when he explained that profile in 1-2 pages, I never felt so personally profiled. It really opened my eyes to where I’ve been stuck.Anyway, great book so far and I highly recommend it. I ended up buying the bird game as well, and it’s also one of the best tools to teach children financial intelligence, and all the things we sadly aren’t taught in school.

I liked that it gives a brief outline in how to face fears and helps give an idea on where to go if you want to gain financial freedom.I would not purchase this book if I want details on how to accomplish about all of the advice Kiyosaki gives from becoming my own bank to starting a business if you've never had a corporation or franchise type of business.It would be nice to understand more, so he advertises more. It is like a tease appetizer to get my mind interested in how things work with more detail when it comes to financial freedom.He touches on many topics of interest, but that is just it. Touches. It is not a textbook. It's motivational, inspiring, encouraging, and persuasive. It's like someone letting me know that, "I can do it, too!"After reading his book I took his advice. I'm nervous, hesitant, and aware I'll make mistakes, but I'm curious to see where it goe and I'll definitely read more books, listen to others that a proven successful, and learn by making mistakes.

If you're looking to expand your knowledge and open your eyes to what's available to you this is the book. It will help you realize where you are in the income world and show you where you want to be compared to where you are right now!

I am a big fan of RK so take this with a grain of salt if you hate the guys guts.First off, I've been studying money books for almost two years. Most of them were for the middle class which told you to play it safe and diversify. Answers were little and fear was great. Basically, if you had a lot of time, you could at least retire adequately from those books.So then I found RK last May and what a change! This was exactly what I was looking for: not people who couldn't walk the talk but people who had done it and done it well. Understand that RK and his wife lost most of their money and had to live with a friend (it's in their second or third book) but there's no shame in this per se as some people feel. This guy is basically telling you about his mistakes, at the risk of being attacked, and letting you avoid them.I've played CASHFLOW 101 about 30 times and moved on to 202 and have played it about a dozen times now. THe group I am with is positive and training their minds to see the invisible. One guy has already started to do r/e deals in Calif and while he is still looking around in a tough market like the Bay Area, he's moving along.RK's books are really about opening your mind to the possibilities as cliche' as it sounds. Once you decide to specialize in a particular investment vehicle (i.e. real estate, MLMS, stocks, etc), you will need to get the information from other sources.In CQ, RK covers the different boxes we all live in and how you can get out of the bad ones to the good ones. He also spends more time in helping you exercise your basic financial acumen.The important things RK's books do is give you smidgens of various fin. vehicles and, more importantly, teaches you to believe that the possibilities are out there.Let me stress that again: the possibilities ARE out there. The problem is: most Americans have trained their mind to believe there are very few and they cannot get them so they repeat this vicious circle. That's the biggest problem I've noticed since training my mind and learning.You've got to believe and you have to start seeing the possibilities: or, seeing the invisible as RK calls it. Once you start doing that, you're on your way.

SHould be a must read for all kids and adults.

great foundation to financial literacy