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

As I read the book (as well as some of his other books) I wondered if Kiyosaki would ever get to the point of the subject in his verbose and repetitive dissertation on how to get rich. If you a newbie to the world of investing, then this book might be for you. But if you are like most of us that have already done some investing (stocks, realestate, etc), or have looked into it then you are left feeling dissatisfied. It's like you were told by a coach to play well and follow the fundamentals, but the coach never really got in there and showed you how to properly play the game. Kiyosaki seems to hide behind the "I can't tell what to do because rich dad said you have to learn on your own" or "you have to increase your financial IQ first". Well, duh, that's why we are reading the book in the first place, but he never seems to get to the real meat of what we really need, some real world detailed examples on how to go about investing in successful ventures. I think that the only person getting rich off this book is Koyisaki. It seems that if you want to get more information of many of the financial subjects he mentions, you have to buy another one of his books, financial games, or pay to contact one of his rich consultants buddies for advice. All in all I have to say that for a newbie, the book does seem to give you some advice that may point you in the general direction to start investing, but certainly not enough to put into action. If you are like me and are tired of all the empty preaching on how to get rich, then look elsewhere for advise.

There is no question that our society needs to increase its financial IQ. Our schools provide everything but a financial education. In this book, the author illustrates to us that both the poor and the rich have financial problems - these problems are just different. For example, the financial problems of the poor include not having enough money, using credit as a supplement, and not having savings for retirement. The financial problems of the rich, on the other hand, include protecting their wealth, or in other words, finding ways to invest it, security, and raising one's children so they are not spoiled. He also says that having money does not necessarily solve every financial problem - nor does an education, a better job, or hard work. The only real solution is to have financial intelligence, and this is what this book is all about. Yes, it has repetitive ideas from his other books, but I think that people need to hear it again, especially during the tough times that we are facing due to the current recession.

- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market

One of the most important things I needed to learn of was the "power" of money. When talking about increasing Financial IQ, Kiyosaki goes into formulated details about types of money problems and how to deal with them. Muy importante, especially for someone like me who had no true financial wisdom background growing up. Today, though I still work at a factory, I'm still able to take numerous vacations.... (definitely due to better financial mgmt over the years).

My respected and appreciated reader: after having finished the reading of this book, by some reason came to my mind these wise observation made by Joseph Campbell at the end of the interview in "The power of myth" in which he is requested about if he was a man of faith. His answer was: "I don't need the faith, because I have the experience."

And this incisive but bold observation allowed me to establish a silver bridge respect Kiyosaki in those times of uncertainness through which for many people the faith is the only beacon in the darkness. We could state without seeming exaggerate Robert Kiyosaki anticipated in many ways about the imminent financial crisis that materialized itself three years ago.

Although he is not a management advisor, he confronted himself face to face the forge of the experience as newcomer since 1985. that's why his reading is far beyond a simple catalogue of rules and procedures. His own experience became him a sort of social engineer, with a sense of logical intuition and sagacious observation about the American way of life.

His innovative diagram about the basic elements that conforms your personal financial state and the way he approaches to a realistic handle of the surrounding environment constitutes a very useful tool in order to rethink and rebuild our own personal finances at short and middle term.

Somehow, his practical advises will allow you to dissipate the dense brume around the new and complex realities to come.

Despite of the fact this is my first book about R.K. I would not hesitate for a second to recommend you because it transcends the purpose of a simple referential book and probably for many of you it can even change your accustomed perspectives about life.

Rich Dad Poor Dad has become one of the single most successful-best selling financial help books ever---and for a good reason; the advice works. Right now in this recession there are so many opportunities - that it's time to take a second look and re-double your efforts - so read it again! What does it say? It tells people not what they want to hear, but they need to hear. Also recommend is Rich Dad's Guide to Investing which offers better investing strategies than just blindly buying mutual funds or listening to your broker without rhyme or reason - we all know where that got us - when the market is hot, brokers take credit, when it'd down, they claim it's not their fault.

In this book, you will get some great, very specific help to get your Financial understanding improved. Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money takes the excellent thinking in Rich Dad, Poor Dad and gives you another level of detail. This should not be your first Kiyosaki book, however, if you have decided to take advantage of this wonderful recession to make your millions, then this book should be read after reading his main books.

Regardless of whether you are interested in learning more about real estate investing, buying or selling a business, creating a second income or a new career or just general financial issues, you will find the advice you are looking for in RDPD and in the Rich Dad's Advisors Series.
What is interesting to me is what Kiyosaki has in common with Horatio Alger, as Alger's books - novels of rags to riches - were very much like the effect one has reading a RDPD book. Not only uplifting, (all Alger's books are uplifting and very powerful in that way), but Alger always explained in his novels HOW a person was successful, (even down to the math), and these were more than principles, but examples that someone could duplicate in a different business and move forward, succeed and prosper. Kiyosaki does the same in his books, and I would recommend you read all the books by all of these authors.

I just found a very nice set of great reprinted Alger books, (I'll leave you with a few). All in all, Kiyosaki, Alder, they are all great, inspiring, and what we need to read in this recession, negative, and cynical world.

[[ASIN:1448616611 The Cash Boy: A Classic Rags to Riches Story!]]
[[ASIN:1448616654 Driven from Home: Carl Crawford's Experience]]
[[ASIN:1448616662 The Errand Boy: A Classic Rags to Riches Story!]]
[[ASIN:1448616697 Frank's Campaign: A Classic Rags to Riches Story!]]
[[ASIN:1448616751 Luke Walton: A Classic Rags to Riches Story!]]

See you at the top!

This is the first kiyosaki's book I read and it revolutionized my idea about money. I wish I could have read it 7 years ago before I finished my ph.D in Biochemistry. I wanted to be an entrepreneur for many years but it's the thought that wanting to be safe and getting a secure job keeping me from it... Now I am thinking about getting a MBA. I highly recommend this book to anyone wants to know some truth about money and even life!! If you have not read any other kiyosaki's books, I think this is the one you should start with but not "rich dad poor dad". This book contains most of the ideas from "rich dad poor dad". It updated "rich dad poor dad" and has a lot more practical suggestions.

I read this book last Saturday at the bookstore. It took me about 2.5 hours to knock it out. Honestly, much of it is just RDPD stuff repeated with some Rich Dad's Guide To Investing thrown on top for flavor.
Still, it's necessary to go back to the basics one and a while. Robert has always been a good story teller. You'll get the same stories out of this book but with more details.
Robert also covers a little current events for us in relation to the weakness of the dollar and the price of oil. I have to honestly say I would probably never understand the economics of it all unless Robert was there to dumb it down for me a bit.
A reviewer made a comment about how Robert will write a book to pay for a liabilty...O.K. What's wrong with that? Developing an asset is what his business is about. I think people just get mad when he divulges parts of his operation they'd rather not know about.
If you're looking for some meat and potatoes on how to actually make money in real estate though...check out David Lindahl's books.

This book will expose you to cycles, neurological studies, Gardner's seven intelligences, psychology, physiology, as well as moral and social vitalities that will help you recognize financial environments, and through repetition help you to think differently than the mainstream. It's polished, refined and hypnotically refreshing. It provides viable elements to build efficiently a financial clarity in preparing those that have superior knowledge needing a boost, to those striving for it. Robert provides what some reviewers perceive as mundane and repetitious, yet it's those that seek to put their heart into learning who'll see the gifts, and omit negative perceptions that will gain from these vital lessons. An imperative read for the times, especially those visceral pessimists that need to meet their fears.

A necessity, a must read! This details different 'money knowledge,' simply a necessity to get rich. In order to get money, you must atleast increase your financial knowledge at a constant basis. Wanna get rich? This is a stepping stone. Things you must learn. Things you must know.

Good info to follow relevant for today's financial climate