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I took the concepts in this book pretty seriously, so seriously in fact that I invested energy, money and time into building a property portfolio. I say this because it talks in much more detail about the mindset of an “E”, “S”, “B”, and “I” which is required to allow you to eventually make that shift to the side you want to be in (or stay in). For those of you who have already read Rich Dad Poor Dad or at least understand the concepts of it, I would urge you to read his proceeding book Rich Dad’s Cashflow Quadrant.
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CASHFLOW 101 GAME TIPS AND STRATEGY HOW TO
I will explain how you can progressively and interactively learn how to change your thinking, if you want to eventually be a “B” or an “I”. I’m not going to explain what the different quadrants mean, the image above does this pretty well. Kiyosaki invested into property, working his way through the “B” quadrant to eventually be in the “I” quadrant as a capitalist, he does not say anywhere in the book “You must do property to get out of the rat race”, it was just the way he made his millions. After reading this book you think to yourself “Now what…” or “I need to start investing” (usually in property). For me that book had clarified some concepts that I already knew deep down, however, it surfaced them to my life in a way that had never been done before. If you are reading this article I am sure that about 80% of you have at least heard of the book Rich Dad Poor Dad – by Robert Kiyosaki, and at least 50% of that 80% has made some attempt to read the book. This can only be improved by conditioning the mind and training it in such a way that allows one to be ready for life’s financial challenges. With this in mind some of you would argue that money is the root of all evil and that it changes people, I would rather say, of course it changes people, and if it does some have not managed to adopt the right mental resilience and fortitude, pertaining to weak emotional intelligence. Let’s not lie, money is important and I don’t think anyone should shy away from wanting a lot of it. It also gives you the opportunity to do more socially provided you have the people to spend the time with, and that you manage the activities within each 24 hours well. You could argue the relief of being able to do more allows one to feel more at ease, thereby increasing their wellbeing and positivity, and their outlook on life. From a very metaphysical and spiritual sense it does not, however, it increases opportunities to do more, giving you a sense of freedom, choice and control. People like to bang out the cliché “Money does not buy you happiness”, and by now many of you have heard of a reply to that. It is difficult to ignore money and how much influence it has in our lives.