Cashflow Quadrant : Rich Dad's Guide to Financial Freedom
by Robert T. Kiyosaki, Sharon L. Lechter (Contributor)

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Paperback - 251 pages (April 1, 2000)
Warner Books; ISBN: 0446677477 ; Dimensions (in inches): 0.78 x 8.97 x 6.01

Other Editions: Audio Cassette (Abridged), Audio CD (Abridged), e-book (Microsoft Reader) , e-book (Adobe Reader)

Paul's Comments at the bottom

Amazon.com Sales Rank: 198

Avg. Customer Rating:

Number of Reviews: 108

Editorial Reviews
Book Description
"What is the difference between and employee and a business owner? Why do some investors make money with little risk while most investors just break even? Why do most employees go from job to job while others quit their jobs and go on to build business empires?

THE CASHFLOW QUADRANT answers these questions and guides readers in finding their own path to financial freedon in a world of ever increasing financial change. It is a book written...

- for people who are ready to move beyond job security and begin to find their own world of financial freedom.
- For people who are ready to make deep professional and financial changes in their lives
- For people who are ready to move from the Industrial Age to the Information Age

Have you noticed that many of the brightest graduates from our universities want to work for college dropouts...dropouts such as Bill Gates of Microsoft, Richard Branson of Virgin Industries, Michael Dell of Dell Computers, Ted Turner of CNN? Dropouts who are today the mega-rich oof society. Why does this happen? As THE CASHFLOW QUADRANT reveals, it is simply a matter of knowing which quadrant to work from and when."

About the Author
"Born and raised in Hawaii, Robert T. Kiyosaki co-founded an international education company that operated in seven countries, teaching business to tens of thousands of graduates. Now retired, Robert does what he enjoys most...investing. Concerned about the growing gap between the haves and have nots, Robert created the board game CASHFLOW, which teaches the game of money, here before only known by the rich.

Sharon L. Lechter is a wife and mother of three, CPA and a consultant

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Customer Reviews of the Day

19 of 20 people found the following review helpful:

Just "Read" It, February 12, 2001
Reviewer: A reader from Boston, MA
When I pick up a book to read on wealth building by an entrepreneur and self-made millionaire, I don't care if it's written with wonderful prose and great story telling techniques. If I want that, I pick up that kind of book. That's just for all the cynics out there that I see commenting on his poor writing style and redundancy. There is redundancy, but to me there is so much information in this book that the redundancy (in most cases) helped to refresh my memory as new ideas accumulated. I am 19 years old, and currently in college. In other words, in the next few years life will begin. I don't want to face the same "real world" I see 95% of people I know face. This book has forever changed my impression on money making. Every word does not need to be taken to heart and this is not a book about following the authors. At the least it will open your eyes to how the world of money really works. I believe I owe this review to the author because I know he has forever changed how I think about the financial world. He has inspired me to read many other books on capitalism, etc. The problem for me is I can't get my friends to read this important life changing information. If only they would take the short amount of time it takes to read this conversational book. At the least, it will open your eyes. I can't stress the importance of this information. I know some of you may read this and say, "Oh, to be 19, so much to learn about the "real world." What do you have to lose? I guarantee, unless you're already a capitalist, you will learn something from this book and his others as well. This book is in some way redundant from the first, but also contains priceless basic information that I know many people today simply lack due to arrogance or business. One other point, if Robert Kiyosaki is a hugely successful capitalist, why would he even need to write these books? Yet he does. Yes, his books are a convenient medium for advertisement of his products, but maybe, just maybe, he's there to help. Also, since this review is already a book in itself, I would like to take the time to also thank the late Napoleon Hill for his book Think and Grow Rich, based on the Andrew Carnegie formula for success followed by at least 500 other successful business people in the earlier part of last century. I am currently a middle class citizen, but it does me no good to resent the rich. Why not ask yourself this question: How do the rich become rich? I wanted answers to that question a lot clearer than, "They're greedy" or "It's given to them." There are answers; these books begin with the foundations. There are many others to read as well. I have read the Millionaire Next Door, and I now wonder, is there a millionaire next door to me or an overextended hyper-consuming yuppie achieving the "status" and neglecting to ask him/herself, "How to the rich get rich." "Most millionaires don't drive new cars." --This text refers to the Audio Cassette edition.

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All Customer Reviews
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1 of 1 people found the following review helpful:

A book about the methods of making money., April 11, 2001
Reviewer: Benjamin German from Troy, NY USA
This book, overall, was good. The author compares/contrasts different types of people, and the different methods they use to make money. There are four main types (quadrants): Employees, Self-Employed, Business Owners, and Investors. He comments on the pros/cons of receiving income from each quadrant. For example, a pro of being an employee is that there is job security (supposidly). The con, obviously, is that income is, most likely, limited. It also talked about the flow of money, and the different methods there are to allocate your money accordingly to reduce taxes.

The reason I only gave it four stars is that he repeats a lot of the things that he stated in his previous book "Rich Dad, Poor Dad." I didn't like having to pay for information that I already knew. I realize that there are some people who may purchase this book without purchasing his first one; you will be lucky in this case. However, if I had to choose between the two, I would say his first book is better.

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4 of 4 people found the following review helpful:

If you're serious, this book will change your life, March 22, 2001
Reviewer: SonofHotPie@yahoo.com from California
I am a big fan of RK so take this with a grain of salt if you hate the guys guts.

First off, I've been studying money books for almost two years. Most of them were for the middle class which told you to play it safe and diversify. Answers were little and fear was great. Basically, if you had a lot of time, you could at least retire adequately from those books.

So then I found RK last May and what a change! This was exactly what I was looking for: not people who couldn't walk the talk but people who had done it and done it well. Understand that RK and his wife lost most of their money and had to live with a friend (it's in their second or third book) but there's no shame in this per se as some people feel. This guy is basically telling you about his mistakes, at the risk of being attacked, and letting you avoid them.

I've played CASHFLOW 101 about 30 times and moved on to 202 and have played it about a dozen times now. THe group I am with is positive and training their minds to see the invisible. One guy has already started to do r/e deals in Calif and while he is still looking around in a tough market like the Bay Area, he's moving along.

RK's books are really about opening your mind to the possibilities as cliche' as it sounds. Once you decide to specialize in a particular investment vehicle (i.e. real estate, MLMS, stocks, etc), you will need to get the information from other sources.

In CQ, RK covers the different boxes we all live in and how you can get out of the bad ones to the good ones. He also spends more time in helping you exercise your basic financial acumen.

The important things RK's books do is give you smidgens of various fin. vehicles and, more importantly, teaches you to believe that the possibilities are out there.

Let me stress that again: the possibilities ARE out there. The problem is: most Americans have trained their mind to believe there are very few and they cannot get them so they repeat this vicious circle. That's the biggest problem I've noticed since training my mind and learning.

You've got to believe and you have to start seeing the possibilities: or, seeing the invisible as RK calls it. Once you start doing that, you're on your way.

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Paul's recommendation

This is a wonderful book, as are the others by Robert, very helpful about a subject that's full of accountant's speak - which doesn't help you and me, nor keeps us out of debt! The banks and finance companies are happy to keep us thinking that a building or car is an asset, without looking at what it's doing to our cash flow! Cash flow is a perennial problem; wealth is built up by using our money to make money, not making someone else rich. I hope this book can help you on the way to your dreams and ambitions for your lifestyle.

Paul Ross

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