Tuesday, March 22, 2011

Cash Flow Quadrant (Robert Kiyosaki)

findhttp://www.amway.com/BenFulcher/en/start-a-businessRobert Kiyosaki coined an important concept in financial Security, its called the Cash Flow Quadrant. He has written two profound books covering this idea, the Fist is Rich Dad Poor Dad, and the second isCashflow Quadrant. These books will forever change the way you look at money and income.
 This is what the quadrant looks like. On the left hand side is active income, and the right hand side is passive income. At some point everyone is going to be employed, and most people never leave this E quadrant. The employee quadrant is considered secure, but how secure is it during a bad economy? There is nothing wrong with being employed, but Kiyosaki recommends building up your right side of the quadrant. I have personally started developing a business system. You can info about the business system I use here. I am building this business system, and an investment portfolio that includes a credit card website.
These two books have changed the way I look at finances and financial security, look around at the links and see if any of these ideas could provide value in your life. In terms of financial security I would rather make $50 from 1,000 different sources than $50,000 from one source.

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