What Schools Will Never Teach You About Money By Robert T. Kiyosaki

FAQ 
I am in the I quadrant. What can I do to earn more and pay less in 
taxes, legally?
Professional Answer from Tom Wheelwright 
Using other people’s money is literally the best way to reduce your 
taxes in the I quadrant. That’s because you can take deductions for the 
purchases you make with other people’s money. Depreciation on real 
estate is a particularly great way to take tax benefits on someone else’s 
money. You get a deduction not just for the portion of the real estate 
you paid for with your own money, but you also get a depreciation 
deduction for the portion paid for with the bank’s money.
The Quadrant in Simple Terms
E’s work for someone else.
S’s work for themselves. 
B’s have others work for them.
I’s have their money or OPM (other people’s money) work for them.
The Bigger Difference
E’s and S’s work for money, which is why they pay more in taxes.
E’s and S’s focus here:
Income
Paycheck
Commission
Bonus
Per hour
Expenses
INCOME STATEMENT
E-S
Assets
BALANCE SHEET
Liabilities
Business
Real estate
Paper assets
Commodities
B-I

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Chapter Two
Unfair Advantage
69
68
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How do you handle failure? 
•
Do you work well on teams? 
•
Do you like your work? 
•
Is your work getting you to where you want to go in life?
These are important questions that only you can answer. These 
questions are far more important than taxes.
Simplifying the core values: 
E’s and S’s seek security.
B’s and I’s seek freedom.
What Should I Change?