Round Table | What Does The Cash Flow Quadrant Teach Us About Taxes?

Have you heard about Robert Kiyosaki’s The CASHFLOW Quadrant? It describes the four types of people according to how they earn money and pay taxes. The four quadrants are labeled E (Employee), S (Self-Employed), B (Business Owner), and I (Investor). E and S are on the left quadrants. They are those who trade their time for money. B and I are on the right side of the quadrant. They earn passive income and are financially independent. In terms of taxes, employees pay the highest percentage. The more money you make as an employee, the higher your tax bracket, and you have very few options to reduce your income through deductions. A lot of people are in this quadrant. Is this the quadrant you want to continue to be in? People on the right side of the quadrant have more flexibility with their time, money, and the taxes they pay. Find out how taxation works in today’s round table, and think about how you can move from being an employee to a business owner or an investor. Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.💸 Build a Passive Income Machine in 3 Steps:Here’s how to flip the script and start building wealth the way the wealthy do 👇👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept👉 wealthwithoutwallstreet.com/free-ibc-webinar📞 Step 2 – Book a Free Call with Our Team (We Do This All Day, Every Day)👉 wealthwithoutwallstreet.com/accelerate📈 Step 3 – Start Building Passive IncomeJoin the Passive Income Lab👉 ChoosePassiveIncome.comMore Ways to Learn & Grow Wealth (For Free)💾 Download the Passive Income Operating System👉 wealthwithoutwallstreet.com/piosebook👥 Join 10,000+ Investors Inside Our Free Community👉 wealthwithoutwallstreet.com/communityPaying $250K+ in Taxes? Stop the Bleed.😡 Apply for Our Next Tax Strategy Intensive👉 wealthwithoutwallstreet.com/taxGrab Our Book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income📘 wealthwithoutwallstreet.com/newbookStay Connected:📸 Instagram: @wealthwithoutwallst—