In Increase Your Financial IQ, Robert T. Kiyosaki expands on the lessons introduced in his bestselling book Rich Dad Poor Dad, addressing a crucial yet often overlooked subject: financial education. Kiyosaki argues that traditional schooling prepares individuals to work for money but fails to teach them how to make money work for them. The book highlights how financial intelligence is essential for achieving financial independence in a world of constant economic change, inflation, and financial challenges.
The introduction sets the stage by identifying the gap between academic education and real-world financial knowledge. Kiyosaki explains that financial problems are often not due to a lack of income but rather a lack of financial understanding. He introduces the concept of financial IQ, which encompasses skills like budgeting, investing, leveraging debt, and increasing one's financial knowledge over time.
The book is written for those seeking to break free from financial struggles and attain long-term wealth by mastering five core areas: making more money, protecting your money, budgeting your money, leveraging your money, and improving your financial information. Kiyosaki emphasises the importance of taking responsibility for one's financial future and the need to continually improve financial skills.
With its engaging tone and practical advice, the book encourages readers to rethink their approach to money, empowering them to make informed financial decisions and navigate economic uncertainty confidently. By enhancing financial intelligence, Kiyosaki assures, anyone can secure a prosperous and stable financial future.
The introduction sets the stage by identifying the gap between academic education and real-world financial knowledge. Kiyosaki explains that financial problems are often not due to a lack of income but rather a lack of financial understanding. He introduces the concept of financial IQ, which encompasses skills like budgeting, investing, leveraging debt, and increasing one's financial knowledge over time.
The book is written for those seeking to break free from financial struggles and attain long-term wealth by mastering five core areas: making more money, protecting your money, budgeting your money, leveraging your money, and improving your financial information. Kiyosaki emphasises the importance of taking responsibility for one's financial future and the need to continually improve financial skills.
With its engaging tone and practical advice, the book encourages readers to rethink their approach to money, empowering them to make informed financial decisions and navigate economic uncertainty confidently. By enhancing financial intelligence, Kiyosaki assures, anyone can secure a prosperous and stable financial future.
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