A trader falls under the 'Self-Employed' category in the Cash Flow Quadrant. This is because traders typically work for themselves, trading stocks, commodities, or other assets. They are responsible for their own income and do not have employees or systems working for them. They earn money based on their individual skills and efforts.
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The Cashflow Quadrant categorizes people based on where their money comes from—Employee, Self-employed, Business owner, or Investor. The greatest freedom comes from owning a Business where other people do the work for you or being an Investor who uses money to make more money. You can move from being an Employee or Self-Employed to being a Business owner or Investor, if you change your ideas about money and risk. Map out a plan to get control of your spending habits and minimize your debts and liabilities. Live within your means and start saving a small amount each month. Get financially educated and become an expert at solving one particular business problem. Focus on building assets that generate passive or long-term income. Take baby steps toward your goal. Seek mentors, learn from your disappointments, and believe in yourself.
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