The Quadrant
As reports, assignments, tests and quizzes started to surge their way into my life here, i found myself almost-fully occupied by them. Somehow, i manages to squeezed some valuable time out of the frame that i was set into to read the book "Guide to Investing" by.... Robert Kiyosaki again...
Today, I read the part of the first of the five phases that he was taught on how to get rich by his rich dad.....
The book introduces the cashflow quadrant, a conceptual tool that defines the cash generating path of ones can choose....
They are all about the mentality that ones possessed that ultimately paving his/her path into one of the quadrants..
Here're the quadrants:
E: Employee — Working for someone else.
S: Self employed— Where a person owns his own job and is his own boss.
B: Business owner — Where a person owns a business to make money.
I: Investor— Investing money in order to receive a larger payout in the future.
My "middle-class" dad has chosen the path Self-employed where profession and security plays an identical portion of play.
Me myself, i believe, if i did not read this book, i might just follow the path being an E, employee, which security comes first before comfortable and wealth.
There're three major options that one have to prioritize:
1) to be secure
2) to be comfortable
3) to be rich
Three of them are so different at the core inside it that defines ones' characteristics.
The author often used the 90/10 rule to define the path he has chosen.
well... there're both happy and unhappy moments when you're poor or rich...
but there's one thing that i am sure,
unhappier moments when you're poor are much more painful than those when you're rich..
I just wanted to jot down what i've read today that i felt quite interesting haha....
At last, believe in the world of abundances! the world of too much money!
A conceptual intersection with The Secret that i found after discussing bout that with Kelvin.. :-P
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