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Increase Your Financial IQ: Get Smarter With Your Money Paperback – 1 June 2020
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Many of our global economic problems started in 1971...when President Richard Nixon took the U.S. off the gold standard. Throughout history, when a government went off the gold standard, an age of turbulence began.
In 1997, Robert's book Rich Dad Poor Dad stunned readers stating, "Your house is not an asset." As howls of protest went up around the world, the book went on to become an international bestseller and the #1 personal finance book of all time.
Rich Dad Poor Dad is not a book on real estate. It is a book about the importance of financial education. Rich Dad Poor Dad was written to prepare you and your loved ones for the financial turbulence Robert's rich dad saw coming.
In 2007, as homes declined in value or were lost to foreclosure, millions of homeowners painfully discovered the wisdom of words of Robert's rich dad. Today we are all aware that a home can be a liability. Today we know a home can go up or down in value. Today, we all know a person can lose money investing in the stock market. Today we all know our money can go down in value and that even savers can be losers.
This is why financial intelligence is more important today than ever before. In a world of financial turbulence, your best asset is financial IQ.
- ASIN : 1612680666
- Publisher : Plata Publishing (1 June 2020)
- Language : English
- Paperback : 240 pages
- ISBN-10 : 9781612680668
- ISBN-13 : 978-1612680668
- Dimensions : 10.8 x 2.5 x 17 cm
- Best Sellers Rank: 285,562 in Books (See Top 100 in Books)
- Customer Reviews:
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Top reviews from Australia
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If this is your first one then you will not be disappointed.
For me, I have read four other titles from Kiyosaki and didnt get much new or different information from this one as Robert tends to repeat some of the more common ideas in his books.
If you enjoy stories about Robert's life and how he got rich then this is a good one, but in my opinion if you seek new and different financial advice from the author then I would rather recommend Rich Dad's Guide To Investing: What the Rich invest in that the Poor and Middle class do not.
Top reviews from other countries
Be aware this isn't a step by step type of book, with a formula to follow.
It's more high level than that.
The entire book could be summed up thus :
The mental abilities and attitudes (which is the "financial intelligence" on the book title) of the investor regarding money is what makes the investment either good or bad.
In other words, 2 people could earn the same amount of money, but one saves more, and thus is more "financially intelligent," as rule number 2 is "keep more money."
A third person might earn and save the same as number 2, but puts that saved money into stocks and shares and doubles it (an example!) and so observes the rule of getting your money to work for you, and also rule 1, "earn more."
And so on.
There are 5 such financial intelligences, and working on any of them will help, and all of them together is synergistic.
Please Robert, get a proof reader. My mum could do it, she’s great at it. Let me know. Anyway, be prepared to read the same things 15 to 20 times at least. There’s grammar mistakes everywhere and a ‘hat’ that’s clearly meant to be ‘that’. It’s a little embarrassing.
However, I do enjoy how everything is a little anecdote, whether fictional or not. Personally his books give me the drive and focus that I’ve been looking for, which I suppose is the most important thing, hence 4 stars.
Oh and in this book he likes to boast about how he likes and personally knows Donald Trump. You’ve been warned.
Didn't you want to learn how to get along in the world, read Kiyosaki. He's an inspiration.
In a day where governments are simply printing money investing in real estate will help you gain more wealth as well as secure your financial future.
Real life explanations in which most people can relate to, or point out. For this book to really stick in, I personally believe the reader needs to be willing to change their views to be able to understand the knowledge which is being presented here. Once you are able to think more objectively about yourself, only then will you be able to really grasp the concept of what Robert is trying to teach.