![]() ![]() It is NOT for you if you want a secure, normal life. Be under no illusions though it is a bumpy, windy road laden with risks that need to be constantly managed. You need to be ready to move beyond job security (in the ‘E’ quadrant) in order to begin your journey towards financial freedom. The attainment of financial freedom requires a high level of financial intelligence. Rubicon, or "crossed from the left side of the quadrant into right side", there is generally no turning back. You will be required to step outside your comfort zone. This requires massive action and massive personal transformation. Ĭhanging quadrants is a life-changing experience and often requires a fundamental shift in one’s core values in order to come about. Financial freedom is when you have enough wealth (assets and cash-flow) to allow you live more life on a sustainable basis. The whole purpose of life is to generate and experience more life. You can never really be truly “free” in the modern world we live in unless you are financially free. The words ‘financial’ and ‘freedom’ go hand-inhand. Step 4 Decide if financial freedom is for you. Financial freedom is seldom to be found in these quadrants. While there is nothing wrong with this idea, it becomes a problem if your primary goal is to attain financial freedom. ![]() Traditional schooling teaches us largely to focus on become an Employee (E) or a high-paid Self-Employed(S) individual such as a doctor, lawyer or accountant. What affects which quadrant we decide to generate our income from is due to internal differences in our core values, interests, outlook, life stage etc. Identifying where you are in this Cash-flow Quadrant can be done by looking at where most of your income comes from. Investor (I) – makes money work for them. Business Owner (B) – owns a business system. The basic premise of the Rich Dad, Poor Dad series of books is that the business world is made up of largely 4 types of individuals: Įmployee (E) – has a job. Step 1 Learn about the concept of the 4 individuals. Understanding the different methods by which income or money is generated and how it is utilized is essentially what Cash-flow Quadrant is about. Robert Kiyosaki’s Rich Dad, Poor Dad’s Cash-flow Quadrant book and board game teach the principals of income, assets and cash flow. The next thing that you will need to do is look at your current position.How to Apply the Cashflow Quadrant Concept Edited by Keelan Cunningham, Teresa, Luv_sarah, Peter and 8 othersĪll of us in one way or another desire financial security and many of us dream of attaining financial freedom. (B) Business owner - people work for themĬonsider Your Present Position In The Quadrant (I) Investor - the money works for the individual (S) Self-employed - works for themselves (E) Employee - works for someone else for a living The first thing that you will need to do is understand the 4 types of individuals Kiyosaki says that are in the business world. So, do you think you could change your personal financial situation just by reading the book and applying the strategies to your life? It is both a board game and a book that teaches readers the basics of cash flow, assets and principals of income. The author of 'Rich Dad, Poor Dad', Robert Kiyosaki, has created the 'Cashflow Quadrant'. Most people would agree that they want to have financial freedom in their lives. It is both a board game and a book that teaches readers the basics of cash flow. ![]()
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