Get Rich by Getting Smarter About Money
Book Review
Get Rich by Getting Smarter About Money
Increase Your Financial IQ: Get Smarter with Your Money by Robert T. Kiyosaki (Business Plus, 2008)
In what may be his best book to date, Robert Kiyosaki challenges his readers to wise up about their own financial situation and what they need to know to become financially intelligent because, he says, if you can increase your financial IQ, you can become richer.
Increase Your Financial IQ: Get Smarter with Your Money is classic Kiyosaki: part story-telling and part textbook with plenty of motivation and no tolerance for excuses. Kiyosaki doesn’t tell you what to do; he tells you how to find out what you need to know so you can make good decisions for yourself. He writes: “It is not real estate, stocks, mutual funds, businesses, or money that makes a person rich. It is information, knowledge, wisdom, and know-how, a.k.a. financial intelligence, that makes one wealthy.”
Kiyosaki details the five financial IQs: Making more money, protecting your money, budgeting your money, leveraging your money, and improving your financial information. The book closes with practical applications for developing your financial IQ.
In Increase Your Financial IQ, Kiyosaki challenges the reader to develop a true understanding of money and the rules of the money game—as well as of the fact that the rules change over time. This isn’t a feel-good, “do as I tell you and all will be fine” book. It’s a book about empowerment. Kiyosaki clearly intends to provoke the reader into taking action—something he does well. It’s a must-read for anyone interested in improving their financial circumstances.
Reviewed by Jacquelyn Lynn, author of The Entrepreneur’s Almanac
