March 31, 2018, Phoenix-
I just completed “Rich Dad’s Cashflow Quadrant”, by Robert T. Kiyosaki, also well known for his previous book, “Rich Dad, Poor Dad”. He reviews his own struggles with finances and concludes that the world of finance is comprised of four quadrants: E (Employee); S (Self-employed); B (Business owner) and I(Investor). The upshot is that the path to ending financial struggle ultimately lies in investing- using other people’s money to create wealth for oneself.
Mr. Kiyosaki goes far beyond dabbling in the stock market, though he does give several pointers on how to be successful in that aspect of finance. He is not as big on diversifying, as I would have expected. His emphasis is on intensive financial education, especially reading financial journals-and The Wall Street Journal.
What I’ve taken from this first reading of a powerful book is that I need to continue on the course I have set, though part-time work (which he says to make as temporary as possible, whilst saving and, bit by bit, investing) is likely for the academic year to come. He says to learn from mistakes, not to try to bury them. “Be bigger than your small!”, meaning to not let mistakes define oneself.
This is perhaps the greatest lesson that I have learned from the past seventeen years. It’s reassuring to see a “high marker” corroborate it.
A Sagittarian Seeker 
Also being observant in our day to day and constantly seeking to learn. We change our relationship to working and how we feel. We never stop working.
I like to think that my health is my wealth.
I liked Kiyosaki’s basic message and principles. He got his structure and discipline very respectably.
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Health is indeed wealth, and I was pleased to find that mine is nearly excellent. The one piece that is not, is being treated and is steadily improving.
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I always learned that borrowing is using other people’s money for one’s own gain, and investing is using your own money to work for you to reap the profits of a business. Just one more piece of the puzzle! Bit by bit investing is the best strategy — it increases your portfolio exponentially!
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Yes, I have to wait until Friday, for my next small investment, but that’s a blink of an eye.
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Thank you so much for sharing this. This is a wealth of information.
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I am always glad to share.
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I am a cautious investor but have invested wisely. The market will have a “correction” soon as anything that goes up will in course come down… we have an Icarus market right now.
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Perhaps. It has been rather cranky, of late. So maybe the correction is in progress.
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Aah..this reminds of a story I read recently…I think you might find it interesting too: https://www.onebillionhappy.org/happiness-library/the-only-two-things-you-can-control-in-life/
Will pick up reading tomorrow again..wishing you a good day and sending a big hug!
XxX
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Thank you for this link, Patty!
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My pleasure. Very inspiring man, I believe, considering his loss. A loss, no parent should ever have to endure.
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Interested to check the book now :))
Great advice – “Be bigger than your small!”❤️✌️
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The CASHFLOW QUADRANT book is a true guide to financial freedom.
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I read ‘Rich Dad poor Dad’ a decade and half ago, and ever since I became a misfit in any 9-5 job working for someone else. I plunged into entrepreneurship and this is where I am today. https://agilectics.com/2018/05/28/moving-up-the-value-chain/
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