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: An absolute must read for those who want financial security
Review: This book is the second from Robert Kiyosaki who tells us how to make the move from being dependent on an employer or a self employeed business to a business owner with a system to allow us to leverage our time and money to become financially independent. Ultimately, one can become an investor for long-term security for generations. It explains in very clear language, how anyone can begin to make the move from the left side of the quadrant to the right. This is simply a book that I feel will be an absolute classic for people looking to develop a life style the very rich had only been able to enjoy.

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: 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.