When you look at people’s life patterns today there seems to be a constant that emerges on how they live their lives.
For the majority of the population it is a matter of getting up early 5-6 times a week to bath, get out of the house, go to work for at least 8 hours of the day, get back home, rest for a bit, and off to bed. The next day it is the same thing for at least 5 times a week.
I guess it is obvious why that is. The motivating factor is to make money to pay the bills and live a good life, isn’t it? Everyone has a desire to have their basic needs met and have extra to get the finer things in life as well as bless others that are close to them. It is a basic need after all and I am sure you can agree.
So I can almost say it is a given that you aspire to have financial freedom as you grow in life and take on the challenges that come your way. Unfortunately the route to financial freedom you and I were taught is no longer relevant today, that is, just getting a good job and working for a good company that will take care of you in your retirement. It used to work back in the twentieth century but not anymore unfortunately.
In one of the Rich Dad series of books, “Rich Dad’s Cashflow Quadrant: Guide to Financial Freedom” Robert T Kiyosaki takes it upon himself to educate the masses about how money works and the different ways that money is made in this world. The Cashflow Quadrant is a diagram composed of four quadrants that illustrate how people all over the world make money.
The left side of the quadrant consists of employees and self-employed people who exchange their time for money. The right side of the quadrant is where you find business owners and investors who leverage other people’s time and money to make more money.
You may not have known about this concept and I am sure there are many people like that who sincerely do not know it too. Ignorance however is costly and cannot be used as a defence against financial calamity. If you follow events around the world you will know that the job market is shaky everywhere especially as artificial intelligence is replacing humans to do certain jobs.
What Robert Kiyosaki does in this book is to show you the options that you have at your disposal so that you make an informed decision as you map out your own path to financial freedom. You are likely to start on the left side of the quadrant as an employee and gradually start operating in the other quadrants too. You may want to be an employee all your life but also be a business owner and investor.
Robert Kiyosaki also points out that making the transition from one quadrant to another may be simple in logical terms but not easy to follow through on. There is the emotional side of the decision to be taken into consideration which is not an easy process. Do you value security or freedom? That is a question you alone can answer but reading this book will help you in the decision making process.
Some of the key lessons you will learn are:
- Different levels of investors
- Why people choose security over freedom
- Knowing the difference between risk and risky
- The power of faith
- How to get rich
- Types of business systems
Your financial destiny should not be left to chance. The only reason you can fail to attain financial freedom is lack of the right financial education. The Rich Dad Company is the best I know that has taught millions of people all over the world how to become financially free. When you do not have money life is difficult and people can take advantage of you.
Make it a point to get a copy of this book and learn what you need to know to begin your own journey to financial freedom and live the life you aspire to. When you are done do not stop there but keep learning about the subject.