S2E14: The Investor Matrix – Why Rich Dad, Poor Dad is Wrong!

by | Nov 8, 2022 | Creating Financial Independence, Financial Planning, Podcast

What is wrong with the Rich Dad Poor Dad Cash Flow Quadrant and why I believe it needs to be updated!

Tax Status vs. Investor Status

What is Financial Freedom:
  • A number? One Million dollars, 5 Million?
  • A Business Type? (Employee vs Owner)?
  • Your Cash Flow?
  • Where you sit in the Cash Flow Quadrant?
  • Where you sit in the Investor Matrix?

4 Types of People:

Rich Dad says:
  1. Employee
  2. Self-Employed
  3. Big Business
  4. Investor
In a word this philosophy promotes one main thing: moving from employee/small business owner to Big Business Owner/Investor.
Investor Matrix says:
  1. Spender/Saver
  2. General Investor
  3. Calculated Investor
  4. Mastery
In a word this philosophy promotes mastering and becoming an expert in a niche and using that as leverage to build true financial freedom.

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