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The Social Chameleon Show

This week we have a special 2 part series on Income Sources know as Cashflow Quadrants. On part 1 we talk about the Left side know as the E (Employee) & S (Self-employed or Small business) Side. We discuss the definitions of each the E & S Side then go into more detail about each side giving you ideas and things to think about and implement to set yourself up for the future.

We discuss topics like:

- Benefits and drawbacks of being in the E Quadrant

- Advantages and disadvantages of being in the S Quadrant

- We get into the weeds a bit on a few topics.

And much more.

The giveaway can be found here

 

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Episode Book Recommendations

9: E & S Cashflow Quadrants PT 1 1

Rich Dad’s CASHFLOW Quadrant is a guide to financial freedom. It’s the second book in the Rich Dad Series and reveals how some people work less, earn more, pay less in taxes, and learn to become financially free.

CASHFLOW Quadrant was written for those who are ready to move beyond job security and enter the world of financial freedom. It’s for those who want to make significant changes in their lives and take control of their financial future.

Robert believes that the reason most people struggle financially is because they've been spent years in school but were never been taught about money. Robert’s rich dad taught him that this lack of financial education is why so many people work so hard all their lives for money… instead of learning how to make money work for them.

This book will change the way you think about jobs, careers, and owning your own business and inspire you to learn the rules of money that the rich use to build and grow their wealth.

CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom By Robert Kiyosaki

 

9: E & S Cashflow Quadrants PT 1 29: E & S Cashflow Quadrants PT 1 3
April 2017 marks 20 years since Robert Kiyosaki’s Rich Dad Poor Dad first made waves in the Personal Finance arena.
It has since become the #1 Personal Finance book of all time... translated into dozens of languages and sold around the world.

Rich Dad Poor Dad is Robert's story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.

20 Years... 20/20 Hindsight
In the 20th Anniversary Edition of this classic, Robert offers an update on what we’ve seen over the past 20 years related to money, investing, and the global economy. Sidebars throughout the book will take readers “fast forward” — from 1997 to today — as Robert assesses how the principles taught by his rich dad have stood the test of time.

In many ways, the messages of Rich Dad Poor Dad, messages that were criticized and challenged two decades ago, are more meaningful, relevant and important today than they were 20 years ago.

As always, readers can expect that Robert will be candid, insightful... and continue to rock more than a few boats in his retrospective.

Will there be a few surprises? Count on it.

Rich Dad Poor Dad...
• Explodes the myth that you need to earn a high income to become rich
• Challenges the belief that your house is an asset
• Shows parents why they can't rely on the school system to teach their kids
about money
• Defines once and for all an asset and a liability
• Teaches you what to teach your kids about money for their future financial
success

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! By Robert Kiyosaki

 

9: E & S Cashflow Quadrants PT 1 49: E & S Cashflow Quadrants PT 1 5
After interviewing 50 of the world's greatest financial minds and penning the number-one New York Times best seller Money: Master the Game, Tony Robbins returns with a step-by-step playbook, taking you on a journey to transform your financial life and accelerate your path to financial freedom. No matter your salary, your stage of life, or when you started, this book will provide the tools to help you achieve your financial goals more rapidly than you ever thought possible.

Robbins, who has coached more than 50 million people from 100 countries, is the world's number-one life and business strategist. In this book he teams up with Peter Mallouk, the only man in history to be ranked the number-one financial advisor in the United States for three consecutive years by Barron's. Together they reveal how to become unshakeable - someone who can not only maintain true peace of mind in a world of immense uncertainty, economic volatility, and unprecedented change but profit from the fear that immobilizes so many. Through plain English and inspiring stories, you'll discover...

How to put together a simple, actionable plan that will deliver true financial freedom
Strategies from the world's top investors on how to protect yourself and your family and maximize profit from the inevitable crashes and corrections to come
How a few simple steps can add a decade or more of additional retirement income by discovering what your 401(k) provider doesn't want you to know
The core four principles that most of the world's greatest financial minds utilize so that you can maximize upside and minimize downside
The fastest way to put money back in your pocket: uncover the hidden fees and half truths of Wall Street - how the biggest firms keep you overpaying for underperformance
Master the mind-set of true wealth, and experience the fulfillment you deserve today.

Unshakeable: Your Financial Freedom Playbook By Tony Robbins

 

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Tony Robbins has coached and inspired more than 50 million people from over 100 countries More than 4 million people have attended his live events Oprah Winfrey calls him super-human Now for the first time-in his first book in two decades-hes turned to the topic that vexes us all How to secure financial freedom for ourselves and our families Based on extensive research and one-on-one interviews with more than 50 of the most legendary financial experts in the world-from Carl Icahn and Warren Buffett to Ray Dalio and Steve Forbes-Tony Robbins has created a simple 7-step blueprint that anyone can use for financial freedom Robbins has a brilliant way of using metaphor and story to illustrate even the most complex financial concepts-making them simple and actionable With expert advice on our most important financial decisions Robbins is an advocate for the reader dispelling the myths that often rob people of their financial dreams Tony Robbins walks readers of every income level through the steps to become financially free by creating a lifetime income plan This book delivers invaluable information and essential practices for getting your financial house in order MONEY Master the Game is the book millions of people have been waiting for.

MONEY Master the Game: 7 Simple Steps to Financial Freedom By Tony Robbins

 

9: E & S Cashflow Quadrants PT 1 89: E & S Cashflow Quadrants PT 1 9
In Start Late, Finish Rich, David Bach provides much-needed advice for all those who've asked themselves 'Why didn't I start saving when I was younger?' Whether you're in your thirties, forties, fifties or sixties you still have the opportunity to put your life on the right track and stop worrying about the future. Using the Finish Rich wisdom that has already inspired millions of people, David Bach shows how you really can transform your finances with the right attitude and clear, step-by-step guidance. This positive, practical book is packed with a wealth of information on how to get out of debt, save more, earn more, and most importantly LIVE more! You've spent long enough working for money; now it's time to make your money work for you.

Start Late, Finish Rich By David Bach

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