RICH DAD's Cashflow Quadrant: Guide to FINANCIAL FREEDOM (Robert Kiyosaki)

RICH DAD's Cashflow Quadrant: Guide to FINANCIAL FREEDOM (Robert Kiyosaki) book summary in Hindi

🔥Our Stock Investing Course is Live! Get Here: https://courses.imacademy.in/single-c...
_______________________________________________________
Follow Invest Mindset on Instagram:   / investmindset  
Our Twitter:   / invest_mindset  
Our Facebook:   / investmindsetfb  
✔ Open a New Demat Account to buy and trade stocks: https://paytmmoney.onelink.me/9L59/xw...
_______________________________________________________

Link to the video of The Power of Compounding:    • POWER of COMPOUNDING  

Most of you would have heard about the book by Robert Kiyosaki called Rich Dad Poor Dad. It's one of the best books written on personal finance, investing, and money management that changes the mindset of people towards money on how rich and poor people think differently. But he also wrote part 2 of it by this name RICH DAD's Cashflow Quadrant: Guide to FINANCIAL FREEDOM which most people don't read.

This book starts with an introduction to four types of quadrants namely employees, self-employed, business owners and investors.
Employees and self-employed people earn their income by actively working and business owners and investors earn their income passively by owning businesses and making their money work for them and using the power of compounding.

Getting rich is easy and possible being a business owner or an investor but next to impossible being employed or self-employed because most people tie themself up for a big long-term loan and then end up making payment for it with interests.

3 traits of successful people who become rich despite being from poor families:
1. They think long-term
2. They delay gratification
3. They use the power of compounding to their benefit

Below are the topics covered in this video:

00:00 Intro
00:58 The Cashflow Quadrant
06:32 Lesson: How to Change Quadrants
08:23 Know the difference between Risk and Risky
09:04 Lesson 2: Your today, decides tomorrow
10:42 3 secrets of successful and rich people
11:57 Lesson 3: Use the job, don't let the job use you
13:38 Lesson 4: What is True Wealth?

If you liked this video then don't forget to subscribe, like, and leave a comment.

Music: https://www.bensound.com
Thanks for watching and enjoy your new year. :)