Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money by Robert T. Kiyosaki
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Summary
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, one of the longest running bestsellers in New York Times history. 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 in Robert’s rich dad’s words. Today, we are all aware that a home can be a liability. Today, we all 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 even savers can be losers. This is why your financial intelligence is more important today than ever before. In a world of financial turbulence, your best asset is your financial IQ.
This audiobook brings to mind a lengthy section of "Rich Dad, Poor Dad." I don't have any grievances, but it's definitely worth giving it a thorough read or listen.
This book is solid, but it frequently mentions his other works that I've already read. If this was the only book I had read from him, I might have thought it was even better.
I've gone through quite a few books in this series, and I gotta say, I'm blown away by how much I learn every time. I can't express enough gratitude for all the knowledge I've gained from these books.
I really enjoyed this audiobook, although I wasn't a big fan of the negative tone the author had towards starting to save money. While I understand that he's not wrong, I think that everyone has to start somewhere.
This audiobook, 'Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money,' reminded me a lot of 'Rich Dad Poor Dad' in terms of its repetitive teachings on finance. However, it has provided me with a deeper understanding of the importance of financial literacy and how it empowers individuals to overcome financial challenges. Despite the mention of Trump, which some may find off-putting, the audiobook is definitely worth a listen. It has even changed my perception of Trump and other capitalists, earning my newfound respect for them. I intend to apply this knowledge for personal growth and also share it with others as I embark on my journey towards financial freedom. Many thanks to Mr. Kiyosaki for enlightening me with this valuable information.
I found 'Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money' to be filled with lengthy and repetitive anecdotes, with small hints of valuable information sprinkled throughout. However, I couldn't find any truly inspiring moments or concrete guidance. This is the fourth book I've read by Kiyosaki, and unfortunately, they all seem to follow the same pattern. Additionally, I lost count of the number of times he mentioned his board game, which became quite tiresome. I'm starting to consider giving up on this author and searching for someone who is genuinely invested in offering practical advice.
The narrator possesses a well-spoken and smooth-toned voice. The audiobook proved to be captivating, exciting, alluring, nerve-wracking, amusing, and relatable. It successfully transforms the typically dull subject of money into an engaging and enjoyable learning experience.
Oh my goodness, I cannot believe how much this book has transformed my understanding of finance. I used to be a millionaire with no real knowledge about money, but after reading "Rich Dad's Increase Your Financial IQ," I feel like a whole new person. It's like I have a secret weapon now and I'm ready to take on the world. I can't thank the author enough for this incredible book, along with all the other fantastic books they've written. I'm absolutely hooked!
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