When I was 18 years old someone led me to a book that changed my life forever. The Cashflow Quadrant, the second book in the Rich Dad Poor Dad series, had a profound impact on my life. It not only taught me about money and business but started a learning journey that continues to this day.
After reading The Cashflow Quadrant I began reading other financial books. Later I started reading personal development books, such as Think And Grow Rich. I realized that there was powerful information found in books. I knew personal development was the best way to spend our time and money. I figured investing in myself would be worth it. It led me down a rabbit hole that still hasn't ended. I went from reading books about management and communication, to eventually learning about health. After learning about health I began to wonder why natural cures were suppressed and why we're so sick. I learned about many conspiracies that just confirmed my suspicions.
Now I'm a full-time researcher and am shocked at how much we've been lied to about. I write on my blog and make videos and put them on Youtube and Dtube, even though Youtube recently deleted my channel so I'm just now building it back again.
I've got a powerful message to give to the world so make sure to follow me here and on my other channels to stay tuned. Before I wrap this up, let me summarize the book briefly.
Cashflow Quadrant Summary
In school we're trained to be employees. Even college is mostly about becoming self-employed, if not an employee. Both employees and the self-employed are on the left side of the quadrant. School doesn't teach us how to be business owners or investors.
People on the left side of the quadrant trade their time for money, while people on the ride hand side trade their money for time. See, if you have to trade your time for money you'll always be working, because you always need money coming in. The way to escape the "rat race" is by moving to the right side of the quadrant, where residual income continues to flow without you having to keep working for it.
Basically, most people start on the left side of the quadrant. So the key is to spend your money on assets that produce income without you working. Converting earned income into passive income will eventually give you financial freedom.
I'll do a more thorough review of the book in the future, especially if enough people comment below requesting me to do so. But the book is great so your best bet is to just buy it and read it yourself. (using the links in the post, so I receive an affiliate link :) )
As a side note: Rich Dad Poor Dad and The Cashflow Quadrant were my favorite books in the series. Some of the others just seemed like mostly fluff to me. Also, I took one of Kiyosaki's real estate seminars and paid thousands of $s for real estate training and wasn't happy with it. So I wouldn't recommend it. However, I did find great value in his You Can Choose To Be Rich course, which can be found cheap in the link given.