Tag: ESBI
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3 Investment Risk to Avoid
Many people are turned off by investment risk. When I was growing up, that was my poor dad. Because he valued comfort and security, he felt that, instead of investing, smart people got a good job and saved their money. My rich dad, on the other hand, felt that my poor dad’s way of thinking was risky instead. He aspired to own his own…
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ESBI or Cashflow Quadrant
My poor and rich dads’ opposing views of the world are best explained by the CASHFLOW Quadrant, or ESBI. Each quadrant of the ESBI represents a certain type of person and mindset… E – Employee E in the ESBI stands for Employee An employee values job security, benefits, and a steady paycheck. To attain this, he sells his time to…