Rat Eyes Fuguang (2): Break out of the "rat trap"

Rat Trap is a board game invented and developed by the famous investor and financial educator Mr. Robert Kiyosaki. In English, The Rat Race, this set of games is also commonly known as "Rat Race". The goal of the game is to get out of the "rat trap" and onto the highway to achieve great goals and ideals.

Because after the game was developed, many people did not know how to play it and did not know what the game wanted to publish, so Robert Kiyosaki and Sharon L. Licht co-authored a super best-selling book The book is "Rich Dad, Poor Dad".

The core essence of this book is to distinguish the four quadrants of wealth thinking, namely the ESBI four-quadrant model (see figure for details)

E: EMPLOYEE employee

S: SELF EMPLOYED self-employed person

B: BUSINESS OWNER entrepreneur

I: INVESTOR investor

①Basic characteristics: operating income Mainly (active income, salary income), working for money, using time in exchange for reward, no leverage assets or even paying attention to leverage;

②Thinking mode: Increase knowledge through schooling, use time to work for money , pay close attention to the safety floor such as job security, and use punishment and dismissal as the cost of mistakes;

③E quadrant (low- and middle-income earners) cash flow: Use active income to cover necessary expenses, and your own needs cannot be met. There is no capital income.

④S quadrant (middle class, middle- and high-wage earners) cash flow: use active income to cover necessary expenses, use active income to meet needs, and use priority savings as a source of capital.

①Basic characteristics: Focus on passive income (asset income), let money work for yourself, make good use of leverage, establish an asset income system (company, etc.), and use other people's time or capital to work for yourself .

②Thinking model: Change your thinking through various trainings, let money work on its own, and use stable financial income as a safety margin. Making mistakes will promote better personal learning and growth.

③Quadrant B (entrepreneur) cash flow: Use passive income to cover necessary expenses, use new high-quality assets to cover needs and wants, and the source of capital is other people's (ES) time.

④Quadrant I (Investor) Cash Flow: Use passive income to cover necessary expenses, use new high-quality assets to cover needs and wants, and the source of capital is other people's (ESB) money.

Through the interpretation of the four quadrants, we can see that each quadrant is completely different in terms of thinking mode, capital sources, cash flow, etc. All of us want to jump out of the "rat traps" one after another to achieve financial freedom at different stages, and ultimately achieve a gradual jump between quadrants.

Everyone already knows about financial freedom, which is passive income > active expenditure, and the ratio of passive income/active expenditure is financial freedom.

Financial freedom is not a fixed state, because people’s desires are expanding and the pursuit of a better life is progressing. When you use passive income to cover your current active expenses, you achieve 100% financial freedom. , new desires and higher-level needs will come face to face, and we will invest in the pursuit of new financial freedom. Just like tangent circles, we will keep drawing one after another for ourselves. The bigger the circle.

Someone vividly divided financial freedom into nine stages: ① Food market freedom: buy whatever you want to eat ② Restaurant freedom: eat wherever you want ③ Travel freedom: go and play wherever you want Where ④Car freedom: buy whatever car you like ⑤School freedom: choose wherever you think the education resources are good, regardless of cost ⑥Work freedom: do whatever you want to do, without unemployment affecting your current quality of life ⑦Freedom to see a doctor: Choose wherever the medical resources are good, regardless of medical conditions and costs ⑧Freedom of housing: buy a house wherever you want ⑨Freedom of nationality: you can immigrate to whichever country you want

I don’t know which one you are in stage? Which stage do you want to go to? How? When will it be done?

This requires a clear wealth map. What is the biggest obstacle to realizing this wealth map? Is it our initial capital? Is it a market opportunity? In fact, it is the gap between the various quadrants - wealth thinking.

How can we get rid of the old thinking mode and explore the step-by-step leap in the quadrant? That's what cash flow games have to offer.

This game is a game for experiencing wealth, which can improve financial IQ and achieve freedom of thinking about wealth.

By imitating our real life, we tell players how to identify and seize investment and financial management opportunities; through continuous games and training, as well as learning the lady’s investment thinking contained in the game, we can improve the players’ finances. IQ, and finally achieve financial freedom.

It is different from ordinary Monopoly in that it introduces a balance sheet and a balance sheet, which must be filled in correctly at every step of the game. It also allows players to naturally accept the knowledge of accounting and investment. Related concepts.

Through the game process, you can clearly see the changes in your financial situation and feel the direction and flow of money.

The above are excerpts from "Baidu Encyclopedia - Cash Flow Game". For the in-depth connotation of the game, you can search for Taiwan Lin Weixian's teaching video "The Secret of Wealth: Rich Dad CASH FLOW Cash Flow Game Explanation".

In short, to get out of the mouse trap, you must understand the specific distinctions between the four quadrants of ESBI, discover your own thinking limitations, constantly revise, achieve your financial freedom goals step by step, and finally achieve a jump between quadrants, and " "The Rat Race" is the best way for you and me to improve our wealth thinking.

The hamster is very happy running on the wheel, but are you willing to keep spinning in that little wheel and never get out?