To achieve financial security throughout your life, you’d better move into one of the right-hand quadrants, B or I: Big business ownership or Investment. If the government raises taxes to pay for welfare for promises, the ultra-rich will just escape to countries with lower taxation. We need to take our financial security into our own hands. In today’s economy, we can’t rely on the government to look after us.
It was also the beginning of the end of for secure, unionised jobs and good government pensions. Today, we live in what is roughly defined as the ‘Information Age.’ It marked the end of the ‘Industrial Age’. Working hard and working smart are two different things.Ħ.
‘My educated dad was a voracious reader of books, so he was word-smart, but he was not financially literate.’ Robert T.
If you want to be financially free, then you’ll need to move from the E and S quadrants into the B and I quadrants. All of these quadrants require different capabilities and personal characteristics. E- employee, S-small business or self-employed, B- big business owner, I-investor. The different ways in which we earn money can be divided into four quadrants: E,S,B and I.