Robert Kiyosaki’s Rich Dad, Poor Dad, put simply, is foundational, mandatory reading for any self-respecting property developer. Understanding how to gain financial freedom and long term wealth is clearly and concisely spelt out and achievable to anyone who has the drive and ambition to make it happen. In Rich Dad’s Cashflow Quadrant Robert Kiyosaki identifies the four distinct ways of earning money – As an Employee. Being self-employed or running a small business, Owning a big Business Investing. Although there is no right way to live your life, if you want to attain financial freedom then the best thing is to move into big business ownership and investing. Even if you don’t want to become a business owner, investing is still vital, as it will provide you with a passive source of income throughout your life. Because money is so vital, it’s often a very emotional subject, but as soon as we’re able to approach financial risk objectively, we’re able to take control of our lives. Actionable advice: If you can, invest judiciously today! No matter your age, it’s a good idea to begin investing now. Though there is a risk attached to investing, there is often just as much risk attached to your job or the certainty of your pension. In fact, if your investment is well researched whether it’s in stock or property, then it’s likely to provide you with security later in life. Main points: – The different ways in which we can earn money can be divided into four quadrants. – Studying and working hard won’t get you financial freedom. – Working hard and working smart are two different things. – In today’s economy, we can’t rely on the government to look after us, we need to take our financial security into our own hands. – The four quadrants attract different types of people. – The surest way to achieve financial freedom is to move into business ownership so you can invest. – There a five different glass of investor. – Money provides irrational feelings which we must overcome new paragraph to achieve financial success. – Take baby steps and keep the long-term in mind.   Photo credit: Vancouver (IG: @vancitybash)