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Deactivating the Ticking Time Bomb: The Wolfe Trilogy

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The Big Solution: Deactivating The Ticking Time Bomb Of Today’s Economy (The Wolfe Trilogy)

by Jarl Jensen

4.4 out of 5

Language	:	English
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Print length	:	312 pages
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The Wolfe Trilogy is a must-read for anyone who wants to understand the current economic crisis and how to avoid the next one. The books in the trilogy, written by Robert Kiyosaki and Sharon Lechter, provide a clear and concise explanation of the financial system and how it works. They also offer practical advice on how to protect yourself from the risks of the financial system and how to achieve financial freedom.

The Rich Dad Poor Dad

The first book in the Wolfe Trilogy, Rich Dad Poor Dad, is a personal finance classic. The book tells the story of Kiyosaki's two fathers: his real father, who was a struggling schoolteacher, and his "rich dad," who was a successful businessman. Kiyosaki learned a lot about money and investing from his rich dad, and he shares these lessons in the book.

One of the most important lessons that Kiyosaki learned from his rich dad is that the financial system is rigged in favor of the wealthy. The wealthy have access to better financial education, better investment opportunities, and better tax breaks than the poor. This makes it very difficult for the poor to get ahead financially.

Kiyosaki also argues that the traditional education system does not prepare people for the real world. Schools teach people how to be employees, but they do not teach them how to be entrepreneurs. This makes it difficult for people to create wealth and achieve financial freedom.

The Cashflow Quadrant

The second book in the Wolfe Trilogy, The Cashflow Quadrant, explains the four different types of cashflow: employee, self-employed, business owner, and investor. Kiyosaki argues that the key to financial freedom is to move from the left side of the quadrant (employee and self-employed) to the right side (business owner and investor).

The left side of the quadrant is characterized by low risk and low reward. Employees and self-employed people have a steady income, but they also have limited earning potential. Business owners and investors have a higher risk of losing money, but they also have the potential to earn a much higher return on their investment.

Kiyosaki recommends that people focus on building assets that generate passive income. Passive income is income that you earn without having to actively work for it. Examples of passive income include rental income, dividend income, and capital gains.

The Business of the 21st Century

The third book in the Wolfe Trilogy, The Business of the 21st Century, is a guide to starting and running a successful business. Kiyosaki argues that the traditional model of business is no longer viable. In the 21st century, businesses need to be lean, agile, and innovative.

Kiyosaki also stresses the importance of marketing and sales. He argues that businesses need to focus on creating value for their customers and building relationships with them. Businesses that are able to do this will be successful in the 21st century.

The Wolfe Trilogy is an essential reading for anyone who wants to understand the current economic crisis and how to avoid the next one. The books provide a clear and concise explanation of the financial system and how it works. They also offer practical advice on how to protect yourself from the risks of the financial system and how to achieve financial freedom.

If you are serious about improving your financial situation, I highly recommend reading the Wolfe Trilogy. The books will change the way you think about money and investing, and they will give you the tools you need to achieve financial success.

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