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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.
It's a fairly dense book but at the dame time the key ideas are pretty straight forward.
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.
My tutor recommended this book to me. Just like Rich Dad, Poor Dad it is inspiring and really well written, in that Kiyosaki uses simple language and every day illustrations to help the reader understand really complex concepts. Didn't you want to learn how to get along in the world, read Kiyosaki. He's an inspiration.
This is a good book to get your started on your road to wealth and financial intelligence. 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.
Is it a asset or liability robert will put you straight on that one ....or the claasic good dept vs bad dept plus many other ways to change the way you behave to investing and your money
robert kiysaki allways a good read and a game changer for the uneducated
powerfull info which will plant the seeds and get you on your way to financial freedom
helped me to take some action which netted me a 5 figure asset and a monthly residual income for life powerfull stuff if put into action this will hep you towards a financial insight in how to increase your real wealth
this should be taught to school kids so they dont end up in a financial mess
I would definitely recommend this book even to teenagers who want to be smart in this world system. One of the greatest books I've ever read. It's suitable for anyone who want to be good at money and make abundance of money.