Winners Take Control As the title implies, this chapter was mostly about how successful people like to have control over their business and how successful they can become. Kiyosaki used a real estate investor as an example and stated that these are the six key areas that they want control over: 1) Income 2) Expense […]
The Two Things You Invest The main point throughout the chapter is that people can only invest two things: Time and Money. As usual, Kiyosaki gives his take on the matter first and mentions how most people invest their money, but not their time. He then used this diagram to demonstrate three types of investors […]
There Is a Difference Between Savers and Investors This chapter mostly talked about financial leveraging and how the current economic system needs debtors rather than savers. Kiyosaki first gave his view on the matter and describes leveraging as “the ability to do more with less.†His example was how there are a lot of people […]
Choosing Your Battle and Battlefield The Cashflow Quadrant is the centerpiece of this chapter as everything revolved around it. Just a reminder on what the Cashflow Quadrant is, it is essentially Robert Kiyosaki’s way in identifying the four different lifestyles in earning a living. Here is the screenshot from before: E – Stands for employee […]
Investing To Win So the book now goes into a new category and this chapter focuses specifically on how there are three kinds of investors: 1) People who do not invest at all 2) People who invest not to lose 3) People who invest to win In the beginning they talk about how making money […]
Why We Want You To Be Rich I must say, this chapter felt like it was mostly replaying the same message in a different tune. But as usual thus far, the examples they used were new and interesting for myself. The theme again revolved around improving your financial IQ and this time a bit about […]