Rich Dad's Cash Flow Quadrant

@sdas86 (6076)
Malaysia
November 2, 2008 12:21am CST
I have read Rich Dad's Cash Flow Quadrant. It is really a good book. After reading the book, I know some of the basic ideas to manage cash flow. It simplify the cash flow management using some diagrams and this helps me to understand cash flow easily. Overall, it is another great book from Robert Kiyosaki. Have you read Rich Dad's Cash Flow Quadrant? Any opinions about the book?
4 responses
@TheAgent (221)
• United States
11 Dec 08
I love reading the Rich Dad series of books. They are the best motivation in life for anyone to achieve financial success. I know they don't go into exact detail on how to make money, alot of people complain about this. If you have an understanding of money, business, or investing, you should be able to understand what Robert Kiyosaki is talking about in his books. His books are great for anyone from beginner investors to advanced business men. They will put ideas in your head that you may not have explored previously. I bet if anyone reads just one book from the Rich Dad series and applies it's principals, they will be way more successful than their peers. Have a nice day.
@sdas86 (6076)
• Malaysia
11 Dec 08
Hi, Thanks. I think I need to re-read the books and apply them.
@syfarisk (378)
• Malaysia
11 Dec 08
Yes, I have. I think the Cash Flow Quadrant is a great concept taught to many by Kiyosaki. It makes people see business from a different perspective. It also makes people become more confident of doing businesses rather than taking up jobs. I know many people who do not agree with Kiyosaki's philosophy as he doesn't state the downsides of doing business, and exaggerates the good sides of business. But I totally agree with Kiyosaki's ideas because what he tries to do in his book is to really get people to see how important doing business is, to improve our lives. He doesn't need to state the downsides of doing businesses because once you understand his principles, you'll understand that there are no downsides. Robert Kiyosaki stated that, doing business is not risky, what's risky is being an idiot. Risks can be calculated, and can be reduced or eliminated. People who fail businesses do so because they did not calculate their risks properly before making their decisions.
1 person likes this
@sdas86 (6076)
• Malaysia
11 Dec 08
Hi, Thanks. You are right. But starting business is hard. I keep on thinking but I can't think of a good business to start because most of them are risky. One of the ideas is to start multi-level marketing but I do not know how to start.
@vikas86b (15)
• India
11 Dec 08
This is really one of the great book that robert has written.. Its so simple to understand why rich people are rich and poor people are poor. THe book is amazing. But I think one should proceed reading the Robert's books in a series. Guide to Investment is next wonderful book.
1 person likes this
@sdas86 (6076)
• Malaysia
11 Dec 08
Yeah, his books are very nice.
@hitejam89 (523)
• India
2 Nov 08
i read rich dad's cash flow Quadrant. i read some 4 books of rich dad series. all of them are so easy to understand. rich dad is really good book to understand the cashflow. i like the first book of the series more where he compares his real dad and the one who teach him.
@sdas86 (6076)
• Malaysia
2 Nov 08
Hi, Thanks for your response. I read 3 books of Rich Dad's Series. I think that the books are quite good and quite useful.