The Social Chameleon Show

This week we continue our special 2 part series on Income Sources know as Cashflow Quadrants. This week we move over to the Right side know as the B (Big Business) & I (Investor) Side. We discuss the definitions of each the B & I 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 B Quadrant
- Advantages and disadvantages of being in the I 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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Big Short (Movie)


Episode Book Recommendations

10: B & I Cashflow Quadrants PT 2 3

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

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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

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

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What’s the secret to becoming a millionaire?

For years people have asked David Bach, the national bestselling author of Smart Women Finish Rich, Smart Couples Finish Rich, and Start Late, Finish Rich what’s the real secret to getting rich? What’s the one thing I need to do?

Now, in the newly revised The Automatic Millionaire, expanded and updated, David Bach is sharing that secret.

The Automatic Millionaire starts with the powerful story of an average American couple--he’s a low-level manager, she’s a beautician--whose joint income never exceeds $55,000 a year, yet who somehow manage to own two homes debt-free, put two kids through college, and retire at 55 with more than $1 million in savings. Through their story you’ll learn the surprising fact that you cannot get rich with a budget! You have to have a plan to pay yourself first that is totally automatic, a plan that will automatically secure your future and pay for your present.

What makes The Automatic Millionaire unique:

· You don’t need a budget
· You don’t need willpower
· You don’t need to make a lot of money
· You don’t need to be that interested in money
· You can set up the plan in an hour

David gives you a totally realistic system, based on timeless principles, with everything you need to know, including phone numbers, websites and apps, so you can put the secret to becoming an Automatic Millionaire in place from the comfort of your own home.

This powerful little book has the potential to secure your financial future. Do it once--the rest is automatic!

#1 New York Times bestseller with over 1.5 Million Copies Sold

The Automatic Millionaire is one of the most popular financial books of our time. It was a runaway hit when it was first published in 2004, spending thirty-one weeks on the New York Times bestseller list and appearing at at number one simultaneously on the New York Times, USA Today, BusinessWeek, and Wall Street Journal business bestseller lists. It has sold over 1.5 million copies and been translated around the world in over a dozen languages. This is the first update since 2005 and includes updated information on taxes, investments, technologies and apps to automate your financial life as well as David’s latest systems for making the entire process even easier.

The Automatic Millionaire, Expanded and Updated: A Powerful One-Step Plan to Live and Finish Rich Paperback – by David Bach

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The host of CNBC's Mad Money presents the ultimate guide to lifetime investing for listeners of any age.
Whether you're a recent college grad trying to figure out how to start investing, a young parent struggling to decide where and how to put away money, or someone well into middle age and worried about whether you've saved enough money for retirement, Jim Cramer's Stay Mad for Life has the answers.

"The media's most electrifying market pundit" (USA Today), bestselling author Jim Cramer covers all the essentials: how to save, where to invest, which pitfalls to avoid. He offers valuable advice on everything from mortgages to college tuition. He explains what professional money managers do right that amateur investors do wrong. Because there is always a bull market somewhere, Cramer tells listeners where to find the bull markets of the future, and for those willing to do the homework,he chooses twenty stocks that could be long-term money-makers. For those who don't have the time or the temperament to invest in stocks, he identifies the mutual funds that are proven winners. He's investigated these mutual funds by using his own twenty-five years of experience managing money for himself and dozens of America's wealthiest families. Throughout, he draws on rigorous research and his own enormously successful experience to back up his advice.

Jim Cramer is America's #1 financial guru and Jim Cramer's Stay Mad for Life is the definitive money guide, full of practical, insightful, and invaluable financial advice.

Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer) by James J. Cramer

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