High school and college classes rarely, if ever, teach students the skills needed to start, manage, and succeed in business. Robert Kiyosaki fires shots at traditional academic institutions and the education system in general in his books, and with good reason. Get Cashflow Quadrant Here > Step 1: Employees Pay Highest Tax Rates That’s a lofty promise to make so how does he do it? In this Cashflow Quadrant summary, we will walk you through the steps. Indeed, he walks readers down the path of how to transition from working every day to earn highly taxed money to not working whatsoever and paying low tax rates. Yes, he takes aim at how unfair the US system of taxation is for employees, but he also provides tangible steps to pocket more income from your earnings. His assertion that it is dumb to live life as an employee and pay the government close to half of each paycheck is not made in a vacuum. Readers of the original Rich Dad book demanded more from Kiyosaki than high level concepts and, in the Cashflow Quadrant book, he delivered.īy spotlighting how much of your money is taken each month in taxes, Kiyosaki gives a proverbial kick in the butt to employees. Cashflow Quadrant SummaryĪfter the enormous success of his first book, Rich Dad Poor Dad, Robert Kiyosaki published Cashflow Quadrant.Īnd while Rich Dad Poor Dad has lots of valuable concepts in it, the book is not a “ how to get rich guide” by any means. The big idea which few salaried employees understand well is that investors and business owners pay far fewer taxes than employees.Īnd because taxes usually take the biggest chunk out of your paycheck each month, you should explore ways to lower them and find alternative income streams that enable you to pocket more of your earnings. While the book contains lots of useful information, taxes underpin the major themes throughout it. What is Robert Kiyosaki’s Cashflow Quadrant book about? In a word: taxes.Ī book about taxes? Yawn! right? But hang tight, you will definitely want to read on to learn more about why if there were only one Robert Kiyosaki book to read, this would be it. Cashflow Quadrant By Robert Kiyosaki Summary Some of the institutions we work with include Betterment, SoFi, TastyWorks and other brokers and robo-advisors. By letting you know how we receive payment, we strive for the transparency needed to earn your trust. Thank you for taking the time to review products and services on InvestorMint. With an ever increasing list of financial products on the market, we don’t cater to every single one but we do have expansive coverage of financial products. Our goal is to make it easy for you to compare financial products by having access to relevant and accurate information. We strive to maintain the highest levels of editorial integrity by rigorous research and independent analysis. We don’t receive compensation on all products but our research team is paid from our revenues to allow them provide you the up-to-date research content. Revenues we receive finance our own business to allow us better serve you in reviewing and maintaining financial product comparisons and reviews. When you select a product by clicking a link, we may be compensated from the company who services that product. Financial services providers and institutions may pay us a referral fee when customers are approved for products. Investormint endeavors to be transparent in how we monetize our website.
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