Unlike those in the S Quadrant, business owners don’t own a job. They also pay the least in taxes and create or invest in assets that produce cash flow for them even when they’re sleeping. In the B quadrant, people are working for you in the I quadrant, your money is working for you. While financial freedom can be found in all four of the quadrants, the skills of a B or I will help you reach your financial goals more quickly. On the right side of the quadrant are Bs and Is. When self-employed people need more money, they look for more hours they can bill.
This means they don’t own a business, they own a job. As a result, they only make money when they are working. Again, they don’t like to hire employees because nobody does it better than them. They have very high-standards for their work and because of this, they have a hard time delegating to others. People in the S quadrant are doctors, lawyers, dentists, accountants, and other service-based businesses and consultants. In fact, they like it that way because they feel in control of their future. While they still like the idea of security, they have a larger tolerance for risk, and thus don’t mind working for themselves. People in the self-employed quadrant are not good employees and often have the attitude that no one can do it better than them. When employees need more money, they look for a higher-paying job.
For them, education is about learning the skills needed to get a steady, high-paying job with great benefits. 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 Why the rich get richer and the poor are getting poorer Summary
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