Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money

Great book

I have to say, I've listened to quite a few audio books and read a few books by Robert Kiyosaki. I have to say I was very impressed with this one. I really think this one does a really good job at getting you to see things a different way. I especially like how he talks about expanding your means (as he has in the past) but this time he actually goes in and shows you how he would budget for a surplus and you get to actually see exactly what he means. He has more specific examples, rather than just the concepts and ideas by themeseleves. He explains why and how he's both a capitalist and a socialist, and he clearly explains why you can't simply blame one side of the political spectrum, and gives examples of things that both republican and democratic presidents have done which ends up hurting those who save. I think that if you were to read one Robert Kiyosaki book, this would be the one, it seems like he really put everything he's ever taught together in a way that really makes a lot of sense. Why savers lose, the increase of the money supply, the need for financial education, why most politicians don't know how to handle money, why most businessmen do the very wrong thing and cut spending on advertising during a reccession, when they should be looking to expand their means, all about your brain and how you learn best, and what to do about it and a whole lot more. It was also interesting to see him forcast before this book was completely released in March, that we most likely have just reached the edge of the storm, and things could get a lot worse. October clearly may have been a significant part. Kiyosaki has been right on about a lot of things. Going into debt isn't bad, in fact, it can be very good if you know completely what you are doing. However, as they say "a litle knowledge is dangerous" Don't stop at just this book, but make a plan, simulate the real thing and then start small and take the right managable calculated risks, and you can build wealth and get rich. I believe that this book will dramatically shorten the learning process, and may save you a lot of valuable time and money that you would have paid through learning from the mistakes that you would otherwize made.

I’ve totally changed my mind about the financial world after reading this book. I’m so grateful that now I find the right one who aligns with my thoughts via this book, particularly the author. Thank you so much for teaching me your valuable knowledge. To author Robert T. kiyosaki

I've already read 4 books of his (this being my 5th). So I believe my opinion is a strong built one. The bad: He repeats the same personal stories across multiple books (creates more page content) and strings you along without much details on financial knowledge, just general guidance. The good: As general as his concepts and philosophies are, they are still very powerful and important. Much of the material in the books are hints for you to do your own research and apply from external knowledge (research combined with action). There where many chapters I screened to then reread, and find important hints I could've easily not noticed. My advice: If your looking for passive reads that build your knowledge over time? Then these books are not best suited. It would be nearly jmpossible to learn financial literacy through his books alone without consistently applying it with further research and application on your own finances. As simple as his books are, they have really pushed me to be proactive. Which is much more difficult, but well worth the cost.

An invaluable book I wish I had read at 18. Now, at 61, with some savings, but no "assets"according to the author's definition. He really pushes using your money early in life to build assets that pay you in cash flow (such as rental properties and businesses), No argument there, a good plan. He also believes in investing in stocks and small companies. His writing enthused me to get to work, as even at my age, it is not too late. What he may be overlooking is that some people do NOT want to utilize his approach. For instance, my wife had a fulfilling 30 year career in the air force, saving and investing and counting on her pension... and according to him she went by the Old World way, NOT recommended. But for her, she is happy and pretty well situated, retired at 50. I did run my own businesses as the author states, even held assets as he directs, but failed in one part of his lessonry... to protect my money and build on it. He also states that an employee should make you something like 10x what they cost you, and to me, that seems like an unbalanced and unfortunate way to treat the human being you team with. If they are making you that much money, shouldn't it be shared with them?!! As he is wealthy, I can't and wouldn't argue most of the philosophy presented...

I chose to read this book because I wanted to wanted to read something to make me think and want to change my thought process on increasing my financial IQ. I feel it has helped get me going on that process.

It is a fabulous book. I would like to give marks10 out of 10. I recommend to everyone must read. It really helps to increase your financial IQ. Apart from that it helps to provide new ways to generate money by different methods. This is my 4th book of the series of Rich dad and Poor dad. All books are amazing and wonderful.

It is one of the best books that I have ever read. It explains how to be successful by being financial free. Go for it and read it.

Good Item

It is the Financial Literacy which separates the B-I folks from the left side of the quadrant and rest is history :) Thank a ton !!! Robert

If you have read RICH DAD, POOR DAD and THE CASHFLOW QUADRANT, you can gain more insights into how to raise your financial IQ. While the first book sets the stage and the second one establishes his concept of becoming financially independent, every new book seems to be a repeat of the same rhetoric: "Rules of money have changed, learn the new rules of money." Increase your financial IQ can help broaden your financial horizon with what it takes to become smarter with your money. Another good book to read from the author is WHY "A" STUDENTS WORK FOR "C" STUDENTS. As with similar books, reading them is useless unless you intend to act upon that information. You can only get wiser and smarter.