summary

Summary

The book «Cashflow Quadrant» by Robert Kiyosaki is a follow-up to his bestseller «Rich Dad Poor Dad». In this book, the author explains how people earn money and manage their finances by dividing them into four categories, or quadrants: Employees (E), Self-employed (S), Business Owners (B), and Investors (I). Kiyosaki emphasizes the importance of transitioning from the E and S quadrants to the B and I quadrants to achieve financial freedom. He shares personal stories and examples to illustrate how to change one's mindset and strategies for successful money management. The main idea of the book is that financial independence is achieved through creating passive income and investing, rather than working for someone else.