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The Wealth Quadrant Revolution: How to Think Like the Rich and Outsmart the UK Tax System
I often encounter frustration when I speak to people about escaping the 9-to-5 rat race and building a life of time and financial freedom.
Not knowing where to start.
Overwhelmed by choice of investments.
Difficulty in navigating the tax system.
One of the books that clarified this for me was Robert Kiyosaki’s Rich Dad, Poor Dad, and his cash flow quadrants. He describes four different people: the employee, the self-employed, the business owner, and the investor.
Having worked in finance and as a property investor, I know many in my network involved in one or more of these quadrants.
But what sets them apart, and how can you better understand this to help you build a lifetime of financial freedom?
Of course, many people are different in each of these quadrants. However, my experience suggests that the two key distinctions between people in each quadrant are mindset and understanding of the tax system.
This blog examines each quadrant, but mindsets and understandings of the tax system differ. It hopes it will help you assess where you are and whether or not you need to move towards a different quadrant.