Cashflow Quadrant: Rich Dad's Guide to Financial Freedom

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Cashflow Quadrant: Rich Dad's Guide to Financial Freedom

by Robert T. Kiyosaki, Sharon L. Lechter

3.95 of 5 stars 3.95 · rating details · 8,969 ratings · 332 reviews

Rich Dad's CASHFLOW Quadrant will reveal why some people work less, earn more, pay less in taxes, and feel more financially secure than others. It is simply a matter of knowing which quadrant to work from and when.Have you ever wondered . . .
What is the difference between an employee and a business owner?
Why do some investors make money with little risk while most other...more

Paperback, 251 pages

Published July 1st 2009 by Warner Business Books (first published 1998)

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Community Reviews

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Jun 13, 2011 Mohammed Alsaleh rated it 5 of 5 stars · review of another edition

هذا الكتاب امتداد لكتاب الأب الغني والأب الفقير ..
الكتاب فيه شرح تفصيلي لكيفية إدارة المال بشكل احترافي ومعرفة لعبة المال الرأسمالية ..

أنصح بقراءته بشدة .. علماً بأن كل كتب كيوساكي أنصح بها لسهولة إيصال المعلومة وإقناعك بشكل كبير بها ..
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أعدتُ قراءة الكتاب هذه الأيام لحاجتي لوزن الأمور من جديد .. بالنصبة للمصادر المالية والنفقات ..

حينما قرأت الكتاب .. عرفت الفرق بوضوح بينه وبينه كتابي " عقلية الرجل المليونير " وكتاب " أغنى رجل في بابل " ... والذي ختمتهما حديثاً ..

كيوساكي يضع يده على ال...more

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Mar 02, 2008 Starket rated it 5 of 5 stars

For those of you who want to take control of your financial future, I recommend the Rich Dad, Poor Dad books. This is the second book in his series. It will not give you specific details of how to make those changes. It changes the way you think about money and opens your eyes to possibilites. Hopefully, it gives you the courage to make changes in your life to be financially successful. I know that Robert Kiyosaki's books have made drastic changes to our lives and it was only 1 year ago that my...more

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Dec 29, 2008 Nola rated it 4 of 5 stars Recommends it for: someone wanting to improve financial outlook

Recommended to Nola by: Kiyosaki

Shelves: nonfiction-financial

This is an intriguing follow-up to "Rich Dad, Poor Dad," and I enjoyed the way Kiyosaki devised his four quadrants. He definitely has a point about the difference between each quadrant or type of person. He provides sensible advice for transiting between columns.

As an interesting aside, he makes an excellent point about the public education system. I had already begun homeschooling my children because of many of the points that he discusses in his book. Specifically, the system's tendency to cr...more

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Sep 03, 2012 Jerrick Wee rated it 3 of 5 stars

A practical version to Kiyosaki's version of "rich dad poor dad", it very brilliantly shows the difference in income streams between a "poor man" and a "rich man". To simply put, Kiyosaki divides 4 types of income into a quadrant each, namely "Employment", "Self-Employment", "Business" and "Investment". The poor man derives his income from the former two, while the rich man derives his income from the latter two.

A great read, but I think lowly of the methods that Kiyosaki introduces to obtain "...more

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Jul 17, 2011 Biblioworm rated it 2 of 5 stars

Shelves: practical

Вначале было противно и хотелось бросить читать. Потом пришло понимание, что для тех, кто не получает удовольствия от созидания, видимо, ничего другого и не остается.
99.99% книги - психотренинг на тему "поверь в себя".
Буквально несколько фраз несут информацию - что надо понимать в бизнесе, в который инвестируешь, иначе это разновидность рулетки.
Очень противно продвижение мысли "пусть быдло работает". Но можно только пожалеть людей, которые не видят иных целей в жизни кроме как заработать стольк...more

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Jan 31, 2011 Libby rated it 1 of 5 stars

Shelves: finance-and-credit

This book is an infuriating piece of shit. The book is written in the voice of someone who judges and condemns people. And that was the beginning of my moral and emotional rollercoaster. The book itself probably deserves two or three stars but I can't get past my disdain for the author.
P.45 "The beginning of the Information Age is the end of big government as we know it. Big government has just become too expensive. Unfortunately, the millions of people around the world that have come to depend...more This book is an infuriating piece of shit. The book is written in the voice of someone who judges and condemns people. And that was the beginning of my moral and emotional rollercoaster. The book itself probably deserves two or three stars but I can't get past my disdain for the author.
P.45 "The beginning of the Information Age is the end of big government as we know it. Big government has just become too expensive. Unfortunately, the millions of people around the world that have come to depend upon the idea of "entitlements" and pensions for life will be left behind financially."
I'm reading it because there are certain moments when I agree with what he says 100% - and that is that our regressive taxation IS expensive for wage-earners and DOES incentivize generating income through rents and interest.
P.11 "For example, one of the many reasons I chose to work predominantly in the "B" [business owner] and "I" [investor] quadrants is because of tax advantages. For most people working on the left side of the Quadrant [employee and self-employed", there are few legal tax breaks available. Yet, legal tax breaks abound on the right side of the Quadrant. "
The hope here is that we have the power to shape the incentive terrain and reward moral and socially constructive behaviour!
P.56 "the rich pay few income taxes. Why? Simply because they do not earn their money as employees. The ultra rich know that the best way to avoid taxes legally is by generating that income out of the "B" and "I" quadrants. If people earn money in the "E" quadrant, the only tax break they are offered is to buy a bigger house and go into greater debt."
When explaining how he made one million last year without paying taxes p.57 "that money was made in capital gains, and I was able to indefinitely defer paying those taxes. I sold three pieces of real estate and put them through a Tax Code Section 1031 exchange. I never touched the money. I just reinvested it into a much larger property. "
An awesome sentence "You can always quit. So why quit now?"
I will be wrong in my judgment of him and his message if he can persuade me of a) the social value of investment and b) the level playing field for entrepreneurs.
He likens his worldview to Monopoly in total sincerity. I HATE Monopoly. His worldview is the opposite of Small is Beautiful because he says Bigger + More and Work Less If At All but Schumacher believes work can and should be meaning and Bigger + More is gross error.
P.175 " it is more that the "B-I" side has more ways of escaping and hiding wealth... One big reason the rich keep more of their wealth is simply because they operate as corporate bodies and not human bodies."
Advice to avoid being formally self-employed and instead incorporate and pay self as an employee
P.185 what causes people to go from wealthy to poor
"1. They have short term vision.
2. They have a desire for instantaneous gratification.
3. They abuse the power of compounding. "(less)

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Nov 23, 2010 Justin Carlson rated it 3 of 5 stars

Financial freedom is a vastly different from financial security.

For those of you who have read Rich Dad Poor Dad this book is basically an extension of the lessons taught in that book. Robert Kiyosaki gives a brief description of his journey as an adult going from a short stint living in his car to financial freedom by taking advantage of tax laws and creating assets that create passive income. (My personal gushings about this book can be found here.)
The title of the book, The Cashflow Quadrant,...more Financial freedom is a vastly different from financial security.

For those of you who have read Rich Dad Poor Dad this book is basically an extension of the lessons taught in that book. Robert Kiyosaki gives a brief description of his journey as an adult going from a short stint living in his car to financial freedom by taking advantage of tax laws and creating assets that create passive income. (My personal gushings about this book can be found here.)
The title of the book, The Cashflow Quadrant, describes an image that separates people into 4 categories: employee, self employed, business owner and investor. (below)

Many distinctions are drawn in regards to the "left side" and the "right side" of the quadrant and what it takes to be on each side.

Kiyosaki believes strongly in the fact that if you are an E or an S you play an old game that makes sense for governments and business owners because you pay the highest amount of taxes and build large amounts of debt thinking that by doing that you are avoiding taxes through credits or refunds.The left side of the quadrant works the hardest, and is obsessed with going to school to find a job and maintain their "security." Those who would be considered an S are people who are self employed and lose their income when they are not at work. (doctors, lawyers, dentists, etc.) People on the left side of the quadrant can, and some do, make a lot of money and are very successful. The problem with this success is that the more success you encounter the less personal time you have and the harder you have to work. Again, many people choose this route because they feel secure in the fact that they know where their next paycheck is coming from.

People on the "right side" of the quadrant are not concerned with security and are interested in creating income both as a business owner and investor. Business owners and investors enjoy tax breaks, are seen as visionaries and risk takers and when success comes they are the people who enjoy more free time.

This book is a learning tool for those of us interested in moving from the left side to the right side of the quadrant. Kiyosaki is methodical and slow in his approach and encourages people to keep their jobs while they take "baby steps" towards the B and I quadrants.

This is a very simple break down of a book that I would HIGHLY recommend to anybody interested in owning their own company through the creation of a system and investing. Kiyosaki speaks of creating a system that will continuously grow and can run in your absence. If you are not interested and what I just wrote seems like a conspiracy or the rantings of a person jaded by unemployment you wouldn't make it through and this book may anger you.

Hope this finds you well.

~jc(less)

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Feb 08, 2010 Benjamin Howen rated it 4 of 5 stars

This book was given to me by my Team MonaVie mentor, being of technical mind and dead broke I tore right in searching for the secrets of the rich. What I found was amazing and informative, some of which I have suspected all along. Those of you who don't know Robert T. Kiyosaki, he is an independently wealthy author, business owner and investor and has brought to us the knowledge of the money game to teach us how to gain financial freedom. Cashflow Quadrant is part two of Rich Dad, Poor Dad anoth...more

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Jul 09, 2009 Scott Dinsmore rated it 3 of 5 stars

Why I Read this Book: Anytime a book or author gets as much notoriety as the Cashflow brand has, I feel it is my duty to at least see what the fuss is about. Plus, I can always stand to learn a little bit more about the financial component to success.

Review:

For those of you who have not yet read the original Rich Dad Poor Dad or at least its review on this site, I recommend you do so before diving into Cashflow. This book is more of a sequel to Kiyosaki’s first book than anything else, however i...more Why I Read this Book: Anytime a book or author gets as much notoriety as the Cashflow brand has, I feel it is my duty to at least see what the fuss is about. Plus, I can always stand to learn a little bit more about the financial component to success.

Review:

For those of you who have not yet read the original Rich Dad Poor Dad or at least its review on this site, I recommend you do so before diving into Cashflow. This book is more of a sequel to Kiyosaki’s first book than anything else, however it does serve as a worthy stand-alone book if you so desire.

The real beauty of this book as well as any other from the Rich Dad series, is Kiyosaki’s amazing knack for writing in a way that is easy for even the most average of persons to understand. Whether you are a well versed personal finance expert or someone who has done little more than manage an allowance as a child, there is a lot here for both to learn.

Much of the book consists of Kiyosaki relating various career paths with his four quadrant system he has developed. This system breaks careers and wealth building into the categories of employee, self- employed, business-owner and investor. The real key to the whole system is getting yourself into either the business-owner or investor quadrants in order to really get on the path to financial success and freedom. It is these two quadrants together that lead to great wealth building.

Some of the teachings will no doubt seem obvious and kudos to you if that is the case more often than not. The unfortunate truth is that a great majority of our society has been brought up thinking that the career path of being a great employee of a great company is what all our training as children all the way through university has been building towards. Please don’t get me wrong, for many the path to success is directly up the corporate latter. This is fine with me as long as those who have defined success in this way have done so while knowing all of the other options available.

If Robert Kiyosaki has done nothing more than bring attention to the fact that there is much more possibility to a career than getting a job for someone else, he has done us all a great service. In fact there is much more available now than there ever was, and the opportunities will only grow. Those of you who have spent a few hours on Reading For Your Success have no doubt been unable to avoid the many experts proving this to be the case. The books you will find here show you the many paths to financial and personal success. It seems like every day someone is finding another unique and exciting way to define their success, so please continue to explore.

Reading Cash Flow Quadrant was extremely liberating for two reasons. First off it made me even more aware of the new and exciting roads to success that were not encouraged throughout my years in university and prior. For me I can never read enough about the road less traveled. The second was that I knew there were millions of people reading Robert Kiyosaki’s books all over the world and there was a pretty good chance that like-minded excitement and inspiration was brewing in these fellow readers as well.

Keep in mind that it is not just you or me as individuals who are better off for reading books like Cash Flow and others on this site. It is our success-minded population as a whole that is better off for those around us being as motivated and encouraged as we are. Mark my words; it will be people just like yourself who will be with you all along your journey to success. I encourage you to embrace the lessons in this book for their value, but more importantly I encourage you to embrace the experiences and opportunities that a book like this represents on your road to success. The odds are that you will never be able to look back and pinpoint just one thing that led you to accomplish your goals, but instead it is the accumulation of all your knowledge and experience that grants you success. Cashflow is another worthy lesson to add to the list.

-Reading for Your Success(less)

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Mar 31, 2010 Chad Warner rated it 3 of 5 stars Recommends it for: entrepreneurs, business owners

Shelves: business, non-fiction, finance

This book expands on the concepts presented in Rich Dad Poor Dad. Don't expect a detailed guide to getting rich; Kiyosaki explains that he doesn't write how-to books, but rather provides the mental framework that's necessary for gaining great wealth. He calls it the BE-DO-HAVE approach: "strengthen your thoughts (being) so that you can take the action (doing) that will enable you to become financially free (having)."

Kiyosaki promotes himself as living proof that you can get rich quickly; he went...more

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Apr 20, 2009 Drkazmd65 rated it 4 of 5 stars

I had read Kiyosaki's first book (the origional Rich Dad, Poor Dad) a few years ago back when Nicole & I were trying our hand at the Quixtar / Network marketing 'thing'. I had this book sitting on the shelf for over two years before I decided to pick it up.

As with the previous book, the author outlines types of income sources, types of investing styles (or the lack of them), and why the economic game is stacked against those that work for money, instead of having their money work for them (...more

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Nov 07, 2007 Joe Abraham rated it 4 of 5 stars Recommends it for: Everyone

A great follow up to the first Rich Dad book... people earn money on one of 4 ways, or quadrants: 1. being and employee (E) 2. being self employed (S) 3. being a business owner (B) or 4. being an investor (I). This book goes into the advantages and disadvantages of each. It focuses mainly on the B and I quadrants because that is where the tax advantages are, and that is generally where the rich make and KEEP their money.

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Mar 28, 2013 Ahmed Almawali added it · review of another edition

لا أدري إن كان من المفروض أن قراءة الكتاب لا تكون قبل كتابه السابق الأب الغني والأب الفقير، ففي الكتاب إحالات كثيرة له، وكأنه امتداد لذلك الكتاب، ومع ذلك فالكتاب واضح ومقصوده لا غبار عليه، إلا أنني لو استقبلت من أمري لقدمت كتاب الأب.... على النموذج الرباعي.
فكرة النموذج هو وجود جانبين يمين ويسار يقع فيه كل الناس من حيث مصادرهم المالية، اليسار أصحاب الوظائف والأعمال الحرة، بينما اليمين يقع أصحاب المشاريع والمستثمرون. يركز في الكتاب كثيرا على المقارنة بين هذه الفئات، ذاكرا تحوله من المربع الأيسر لل...more

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Jun 12, 2011 John-Philip rated it 2 of 5 stars

Shelves: paper-books-i-own, economics

It's an alright book. Gives you a bit to think about but nothing revolutionizing. The last 40 pages or so are just blatant propaganda for his first book, Rich Dad Poor Dad, and his CASHFLOW games. If you're going to read one of Kiyosaki's books then you might as well read the original:Rich Dad, Poor Dad (and be aware that Kiyosaki's onlysuccessfulventure is the Rich Dad franchise).

Conclusion: Skip it....more

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Apr 17, 2012 L.L. rated it 4 of 5 stars · review of another edition

Shelves: self-development, on-kindle

W tej książce jest już nieco więcej konkretów... chociaż też nie za dużo ;) Autor tłumaczy, że każdy człowiek jest inny i inna będzie jego droga do wolności finansowej... Aczkolwiek wyłapałem kilka maleńkich wskazówek.
Zanotuję też sobie kilka fajnych cytatów:

"Gdy prześledzimy życie przeciętnej, wykształconej osoby, jej sytuacja, dotycząca finansów, wygląda mniej więcej tak, jak poniżej. Dziecko uczy się, zdobywa dyplom, znajduje pracę na etacie i wkrótce posiada pieniądze, które może wydać. Młod...more

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Jun 16, 2012 Lynn rated it 4 of 5 stars · review of another edition

Robert Kiyosaki hits it out of the park again in CASHFLOW QUADRANT: Rich Dad's Guide to Financial Freedom. By breaking down the four types of earners, Kiyosaki not only sheds light on the different ways people make money, but also explores the mindsets of each quadrant.

In addition to illuminating these different sectors of society, Kiyosaki also offers practical advice to becoming an Investor, beginning with eliminating personal debt. No, he doesn't offer inside information on stocks, mutual fun...more

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Oct 06, 2012 Vladislav Alex added it

Not since "Who Stole the American Dream" by Burke Hodges has anone written a book that dispels the notion of go to college, get a job and work hard--ENT!Not since How to Make Nothing But Money, a NY times best seller by Dave DelDotto has anyone explained with clarity the power of paper; Real Estate, Tax Liens and Discound Mortgages.Self employment is the way to go and this book proves that the American Dream is ALIVE & WELL.In this decade and beyond, more money will be made in network market...more

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Mar 04, 2013 Joe Orozco rated it 3 of 5 stars

This book, the sequel to Rich Dad Poor Dad, is just okay. He says all four quadrants are essential, but that's like him saying he loved his poor dad but preferred the rich dad. The straddling of the fence no doubt makes for sore balls, and I wish he would just come right out and say: I think you should be X, Y, Z. Pick it up if you want to sift through fluff to get to the truly useful advice. I wish someone would go through the whole series and cut out the philosophical white noise and extract t...more

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Feb 14, 2010 Alisyah Samosir rated it 2 of 5 stars · review of another edition

Berdasarkan jenis pemasukan atau income, manusia terbagi atas empat (4) golongan, yakni karyawan (Employee - E), profesional (Self-employed - S), Wiraswasta (Business Owner - B), dan Investor (I).

Golongan pertama dikenal sebagai golongan yang mencari keamanan, yakni employee berpihak pada keamanan jenis pekerjaan, asuransi dari perusahaan, tunjangan, dan yang lainnya. Singkat kata, employee bergantung pada perusahaan tempat bekerja.

Sementara golongan kedua, profesional, lebih berpihak pada kebeb...more Berdasarkan jenis pemasukan atau income, manusia terbagi atas empat (4) golongan, yakni karyawan (Employee - E), profesional (Self-employed - S), Wiraswasta (Business Owner - B), dan Investor (I).

Golongan pertama dikenal sebagai golongan yang mencari keamanan, yakni employee berpihak pada keamanan jenis pekerjaan, asuransi dari perusahaan, tunjangan, dan yang lainnya. Singkat kata, employee bergantung pada perusahaan tempat bekerja.

Sementara golongan kedua, profesional, lebih berpihak pada kebebasan waktu. Berlakon sebagai profesional, tidak ada peraturan jam masuk dan jam selesai kerja, tidak ada batasan hari kerja, sebagaimana hal-hal tersebut pasti ada untuk golongan employee. Golongan profesional mengandalkan kemampuan sendiri, bekerja sendiri, dan seringkali beranggapan orang lain tidak qualified untuk mengerjakan apa yang dikerjakan nya. Kalau dilihat dari sisi lain, waktu mereka jauh lebih banyak tersita. Namun mereka memang powerful untuk mengontrol waktu mereka sendiri.

Golongan ketiga yakni wiraswasta atau entrepreneur, adalah mereka yang merupakan kebalikan dari golongan E. Jika E mencari kerja, maka B menciptakan lowongan kerja. Sangat sedikit yang berani mengambil tindakan untuk terjun sebagai B, karena beranggapan resiko nya besar.

Golongan terakhir, Investor, adalah kaum yang mampu mengolah duit agar bekerja untuk mereka. Dengan kata lain, mereka semakin sedikit bekerja akan tetapi income nya semakin tinggi.

Untuk menuju kebebasan finansial, maka dua golongan yang memberikan kepastian positif adalah golongan B dan I. Perlu melek finansial untuk meminimalisasi pemikiran kita mengenai banyaknya resiko yang terdapat pada kedua golongan tersebut.

Selain melek finansial, terkhusus untuk mereka dari golongan E dan S, yang ingin hijrah ke golongan B, perlu kemampuan lainnya seperti kemampuan membangun sistem yang didalamnya termasuk kemampuan memimpin orang lain.

Pada buku ini terdapat berbagai nasehat untuk meningkatkan IQ finansial dan kemampuan kepemimpinan pembaca. Selamat membaca, semoga semakin banyak entrepreneur Indonesia.(less)

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Sep 01, 2012 Judy rated it 5 of 5 stars

This was a timely kick in the butt. I read Rich Dad, Poor Dad ages ago. This updated version is better. It is best for those of us who are like me, done lots of different things, and have "grown" but stopped checking in on our financial health because of kids, or the motion of life in general. Kiyosaki divides people, and the way they generate their revenues, into four groups: E=employee, B=Business, I=Investors, S=Self-employed. Some people move around within the quadrants. My husband and I hav...more

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Feb 04, 2010 Russ Sperry rated it 5 of 5 stars

Shelves: self-improvement

An excellent follow on the Rich Dad Poor Dad. Again made me think a lot more about my personal finances and life goals, and how to get there. Gave a lot of insight into the mental conditioning that schooling gives us which may not necessaritly set us up with all we need for sucess. Made me think a lot more about what risk is, and challenge previous assumptions of what is an is not risky and why. resulted in me setting some new life goals, and realizing better how to accomplish them, and how what...more

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Feb 25, 2013 Adam Moore rated it 3 of 5 stars · review of another edition

Bought this book after reading Rich Dad, Poor Dad which I really loved and read in a single sitting. While I found Cashflow Quadrant to have some good ideas, i found that it wasn't written well. Many parts of the book were repeated.

I understand that simple ideas are often the best but I found that this book didn't have the same effect on me as Rich Dad, Poor dad.

Might be a book that will be more relevant for me in the future and I may re-visit it another time but at the moment I will it will be...more

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Apr 08, 2012 Andrew Saul rated it 1 of 5 stars

It's a masterpiece of saying nothing but sounding very knowledgeable while you do so. From what I can garner (and it's hard because there are few if any facts to go off in the book) he made his money n the real estate boom in the US. But that seems to have convinced him that he had some magic formula to success no one else had thought of. He has done a really good job at selling snake oil through his books though, so I suppose you have to hand him that. Read this if you believe that all it takes...more

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Feb 23, 2012 Ken Pichakun rated it 3 of 5 stars

เป็นหนังสือที่เปิดโลกทัศน์ให้รู้ว่าอะไรคือว่าแตกต่างระหว่างลูกจ้าง เจ้าของธุรกิจ เจ้าของกิจการ และนักลงทุน เป็นหนังสือที่ดีมากเล่มหนึ่ง แต่น่าเสียดายที่ถูกนำมาเป็นเครื่องมือของพวกMLM

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Oct 30, 2010 Rob rated it 4 of 5 stars · review of another edition

Shelves: business

The follow on book to Rich Dad, Poor Dad.
This book provided some extra detail on the different types of workers/business people. It was good to see the way that thought can change to enable someone to begin thinking differently about money.
I had a concern after the first book and most of the way through the second on what exactly Mr. Kiyosaki was saying about money. His views are unique (in the current culture). What he finally said about not being greedy but also not being fearful of money help...more

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Mar 15, 2013 David Van rated it 2 of 5 stars

Shelves: business

Found this book a bit irritating. Partially that was because it was recommended by a close friend whose judgement I usually trust. He was very excited about it. The more I read the book though the more upset I became. Not because there was nothing of value, but because there was nothing to get excited about. The book has some good points about how you should try to earn money as an investor and how taking additional risk can generate additional income. Unfortunately, he seems to spurn education...more

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Jul 28, 2009 Jeffrey rated it 5 of 5 stars Recommends it for: Totally!

Recommended to Jeffrey by: No one

Shelves: business

The much maligned Robert Kiyosaki is here to open your eyes to the new age of finance. The age in which great sums of money are needed just to survive into retirement. Do you realize that if you're in your 20's now you'll need approximately $2.5 million to retire on? Just look at how quickly those gas prices are going up and imagine the cost of living 45 years from now.

Kiyosaki believes that the government and business are conspiring to keep the general public down by advocating education as th...more

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Mar 30, 2013 Chris Munson rated it 4 of 5 stars

Shelves: finance, business

Rich Dad’s Cashflow Quadrant is the sequel to Rich Dad/Poor Dad. While not as groundbreaking as its predecessor, Cashflow Quadrant does introduce some very important concepts that can help you shift your mindset. The basic premise of the book is that there are four types of income earners: Employees, Self-employed, Business Owners and Investors. The concept that impacted me most was that there is a significant difference between being self-employed and being a business owner. Being self-employed...more

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Apr 03, 2009 Hank rated it 1 of 5 stars

Mr. Kyosaki has a great postulate - parents who know how to use $ as a tool teach their children (or surrogate children in his case) the same. BUT, although he admits his writing is on theory, not technique, he oversimplifies techniques, leverage, and accounting. I surmise there are a lot of bankrupt families that got caught up in the Rich Dad/ Poor Dad fervor. Mr. Kyosaki makes his money selling books, not creating cash flow quadrants with a real estate "house of cards".

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Jan 22, 2013 Anton Klink rated it 4 of 5 stars

I read a lot of Kiyosaky "Rich Dad" books some ten years ago so I am no longer able to distinguish between all of them. However, since I was already practising the principles preached his books, I found them to be true and quite agreed with them. My rating is based on my recollection that all of his books gave the reader no-nonsense high quality money and assets management advice and as such, I'd recommend them to anyone interested in the subject.

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About Robert T. Kiyosaki

Kiyosaki is best known for his book Rich Dad, Poor Dad, the #1 New York Times bestseller. Kiyosaki followed with Rich Dad's CASHFLOW Quadrant and Rich Dad's Guide to Investing. He has now had at least a dozen books published. A partial list of his books is included below

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Books by Robert T. Kiyosaki

Rich Dad's Guide to Investing: What the Rich Invest in, That the Poor and the Middle Class Do Not!

Rich Dad's Retire Young, Retire Rich (Rich Dad)

The Business School For People Who Like Helping People

Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money

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“What do you think about me is not my business the important thing is what I think about myself ...” — 18 people liked it

“Success is a poor teacher” — 16 people liked it

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Cashflow Quadrant: Rich Dad's Guide to Financial Freedom

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