Cashflow Quadrant: Rich Dad's Guide to Financial Freedom

Rating:
Summary: More Rich Dad Poor Dad
Review: This book is a continuation of the first book, "Rich Dad, Poor Dad." Some of the material is repetitive. This is not a problem as it goes deeper into cash flow concepts. The book does not give any simple answers and does not give the reader a blueprint or recipe to success. However, the book is superb at assisting the reader in thinking about money in a healthy way. The reader is given the concept in having money work for the reader, rather than just working for money. You can work hard to put money to work rather than just working to get money to spend on wasting assets.

Rating:
Summary: Excellent book for cashflow
Review: I have to say that if you want to get out of the rat race you need to understand how cash flow works. This book will change the way you think about money - your money. I couldn't recommend this book higher for everyone who is tired of working hard and tired of not being wealthy. I also recommend Stop Working by Rohan Hall. This book teaches you how to build a cash flow based Agile business. Buy both of these books and learn how to become financially independent.

Rating:
Summary: Ok for fiancial novices
Review: This is the second book in the Rich Dad series, which follows the wildly successful Rich Dad, Poor Dad book. In this book, Kiyosaki and Lechter have created and trademarked the "Cashflow Quadrant" shown on the cover of the book. This is used repetitively as a teaching aid throughout the book, almost to the point of absurdity.

This book is not especially well written, and be warned, it is repetitive. But that repetition serves a purpose. The authors repetitively hammer home the idea that to be rich you must be focused on the right side of the cashflow quadrant -- either as a business owner or investor.

So how do you get there? Few specific details are provided. The authors suggest you learn, read, develop your skills, start small, and just do it. More specifically, the advice is to start your own successful business so it will help you to be a better investor. The financial advice is always generalized.

Still, the authors do make some points, some of which run counter to the standard investment advice handed out by "financial planners." Most striking for the initiated is that a house is not necessarily an asset. That investing can be low risk (but strategies are provided).

I would only recommend this book to children or people who are interested in learning more about finance in very general terms, but only in addition to the other Rich Dad book. Whoever reads this book will surely get the point-- that in order to be rich, hard work isn't enough.

Rating:
Summary: Simple yet Elegant & Vital
Review: The concepts of The Cashflow Quadrant can change your life.
Like other MAJOR self-help products, the concept is deceptively simple, which contributes to its elegance and power.

This book is a Charter Member of my Self-Help Collection, along with a number of KEY books that helped me to develop
the best aspects of myself as a man and as a person.

Other books and self-help products which are on par with this book are:

NEW SEX NOW: Life's Ultimate Pleasure
Giant Steps
How to Win Friens and Influence People
Self Matters
7 Spiritual Laws of Success
Ageless Mind, Timeless Body
THE 4 AGREEMENTS
The Power of Concentration
GODDESS WORSHIP

I believe that anyone who wants to be a great person would do well to study all of the above very sincerely.

Rating:
Summary: Rich Dad - Poor Dad with a New Cover
Review:
Everything in Rich Dad, Poor Dad is in this book. I found the first book to be far more engaging and unique.

Cashflow Quadrant is a creative re-hashing of the first in the series. If you have not read the first book, you will find Kiyosaki's second text interesting.

Rating:
Summary: Good basic statement, but too little substance
Review: I often felt I was being pitched by a seller of Amway products while reading this book. His basic advice is: Get as much of your income from owning a system or investing, don't expect to find security as an employee or self-employed person.

Being a small business owner and having a wealthy father, most of that already seemed pretty obvious to me. Maybe for those who did not grow up around business owners this basic statement being repeated over and over is of value. I don't know.

You could easily gain what this book offers by opening excel and working up an income statement and balance sheet for yourself, and then finding ways to increase the number of items in the income column, and reducing the number of items in the expense column. Once you look at life as a balance sheet and income statement - life choices become much easier.

The hard part (starting that company or finding that investment) is not a topic of this book, so don't expect to find any advice on that topic here.

Rating:
Summary: it's time 4 new education.the former "rules"don't apply!
Review: this my second installment to the "rich dad" series...OH MY GOD!.what this does it challenges you to change the way you think about money and yourself.i'm ready for a change so i didn't find this material offensive.enlightening and thought-provoking.already i'm starting to change my thinking patterns about money.so many people get caught up and buy things they think are assets but are really liabilities.cash flow quardant shows you where you are and how to get out of the trap.a wonderful read.

Rating:
Summary: this book changed the way I think about money
Review: As the title suggests, this book has changed forever how I think about earning and making money and investing. The book is highly accessible and easy to read. As someone wwho found the ideas here new to me, the storytelling, personal examples, and extended deescriptions of an idea made the book relevant, concrete, compelling, and real for me. Others have criticized the book for all of that. however, robert did not write or want to write a textbook here! The book is an educational tool for the average person and for me it has succeeded wonderfully. The author has identified several books he has found very useful and I am now reading them. They are yielding even more information and expanding on the author's ideas. There are tons of books out there that reach a conclusion and try to convince you of an idea. If you want a thorough explaination of how the world of moneymaking works, then this book is for you.



Rating:
Summary: If you've read RDPD, don't waste your money on this book!
Review: I really found Rich Dad Poor Dad to be an interesting and useful read, and was expecting this book to build on the foundation layed in that book. I was terribly disappointed. The Cashflow Quadrant is just a rather tiresome rehash of all the same material and theories that were in RDPD. In fact, even within CQ, the repetition of the same notions and ideas over and over again becomes incredibly irritating. You might come away with an opinion that this was a good book if you hadn't read RDPD before it, but if you have, don't waste your time or your money on this one.