Monday, October 09, 2006

Investing in Freedom

The last quadrant is the I quadrant. In RD's books, he talks about the differeny levels of investors from beginners to the highest levels of qualified expert investor.

Like the other quadrants, investors have a particular skillset that needs to be honed over time.

Here's what Robert Kiyosaki says about the I quadrant. As you'll see the I quadrant is where money gets turned into wealth. Like the B quadrant we talked about earlier, this quadrant is needed to realized financial freedom.

If you’re an I (investor)

You make money with money. You do not have to work because your money is working
for you.

The I quadrant is the playground of the rich. Regardless of which quadrant people make
their money in, if they hope someday to be rich, they ultimately must come to the I quadrant.

It is in the I quadrant that money becomes converted into wealth.


Now that we've reviewed the different quadrants and the characteristics of each of those quadrants. In my coaching program, we had to articulate and answer the following questions: Who are you? How do you earn money? What is your idea of risk—or security for that matter? Equally important—how does your spouse answer these questions?

When you've answered these questions, we can take a next step and start building your foundation for financial freedom.

About the Author:

-----------------------------------------------------------------
To find the best home based business ideas and
opportunities so you can work at home visit:
http://jenniferlavoie.payitforward4profits.com
-----------------------------------------------------------------