To him, there was nothing riskier than that.īecause employees shy away from risk, they don’t see the need to learn about money or how it works. Ultimately, he couldn’t understand why Robert would want to be a business owner and investor. Robert’s poor dad was an employee his entire life and he craved nothing more than security. E is for employeeĪt the end of the day, the most important thing for employees is security. The Es and Ss pay the most in taxes and trade their time for money. The right side is reserved for those individuals who receive their cash from businesses or investments they own. Employees and self-employed individuals reside on the left side of the CASHFLOW Quadrant. Many people are employees who rely on paychecks. The CASHFLOW Quadrant is divided into four types of people, each representing the four different ways to make money.Įvery person who generates income resides in at least one of the four sections (quadrants), and where you are is determined by where your cash comes from. In order to thoroughly understand the new rules of money, you need to understand that there are two categories of people in the world, those who see the world through the left side of Rich Dad’s CASHFLOW Quadrant and those who see it through the right side. You can’t rely on your parents’ advice and rules. Though you have a strong chance of becoming a successful entrepreneur, you can’t do it the old way. Learning these new rules of money will help you navigate a drastically different world. Rule #8 - Since money is becoming worth less and less, learn to print your own Rule #7 - Life is a team sport choose your team carefully Rule #4 - Prepare for bad times and you will only know good times Below are the 8 new rules that everyone needs to learn if they have any hope of thriving in today's world: Robert Kiyosaki wrote about the new rules of money in his book Conspiracy of the Rich. How could anyone think that the way to get ahead today is by doing things the same way their parents did them? Think of all the changes that have happened in the world over the last 40 years. In today’s world, there are new rules of money. The CASHFLOW Quadrant breaks down the different methods of making money and the right side is the right side Understanding the new rules of money is the key to thriving in today’s world The rules of money have changed from our parents' generations - and their advice won’t work, either Hosts Robert and Kim Kiyosaki are joined by The Real Estate Guys, Robert Helms, and Russell Gray to discuss their 25 years of experience and how the mindset of a real estate investor separates the winners from the losers.Why the rich get richer and the poor are getting poorer Summary Hosts Robert and Kim Kiyosaki are joined by guests Henri Moreau and Tom Wheelwright to discuss what a timeshare is, the pitfalls of timeshares, and the tax implications. Guest(s): Tom Wheelwright and Henri Moreau Timeshares: The Good, The Bad, and The Ugly Host Robert Kiyosaki and guests David Greene and Brandon Turner discuss the latest in real estate and the best opportunities ahead in 2022. Guest(s): Brandon Turner and David Greene Hosts Robert and Kim Kiyosaki and guest Grant Cardone discuss the latest in real estate and what it means for new investors.īiggerPockets: Zillow’s Flips that Flopped Host Robert Kiyosaki and guest Ken McElroy discuss how to put other people’s money to work for you, and Ken’s tips for raising capital. How to Attract Investors and Use Other People’s Money
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