Increase Your Financial IQ Book Review – Part 1: Make More Money
Increase Your Financial IQ Book Review – Part 1: Making Money More
The book begins with the fundamental question:
"Are you rich?
Take a moment to answer this issue.
Do you think money will make you rich? Do you think that millions of dollars in the lottery make you rich? How to have a well paid job a lucrative profession such as doctors or lawyers or professionals? Does having a lot of money to become rich?
Many People have heard stories of instant millionaires how he lost his millions, after a few years. Or as someone who was once rich and famous had excluded from his home. Or how a senior manager working for pay again called because they can not afford the lifestyle she had before.
If this is not money, what makes you rich? According to Robert Kiyosaki,
"… It is real estate, stocks, mutual funds, corporations, or money that make you rich. This is information, knowledge, wisdom and knowledge, aka financial intelligence, which makes us rich. "
What is Financial Intelligence?
Robert Kiyosaki Financial Intelligence described as part of our intelligence mental that we use to solve our financial problems. CI Financial, however, is the measure of intelligence.
What you have money problems? Do you have the problem of "not having enough money? Are you
- using your credit card each time you have some money?
- concerned about the rising cost of living?
- pay more taxes, after an increase in income?
- fear of an emergency?
- Bad financial advice?
- Until the next paycheck to pay the rent for the last month?
While the rich do not have these problems, also have their own money problems – "too money ". Some of them are
- the need to keep your money safe and invest
- not knowing if people like them or their money
- We are more intelligent financial advisors
- Teaching spoiled children
- care of the property and estate planning
- seek ways to "legally" to pay tax on excessive government
What problems would you prefer?
The financial base 5 CI
According to Robert Kiyosaki, you must learn the basic financial CI 5 to solve your money problems. They are:
- Financial IQ # 1: Make more money
- Financial IQ # 2: Protecting your money
- Financial IQ # 3: Budget your money
- Financial IQ # 4: Leveraging your money
- Financial IQ # 5: Improve financial reporting
Financial IQ # 1: Make more money
How can earn more money? The key according to Robert Kiyosaki "resolution problems. People are willing to pay money if you solve their problems. I know I'd be more than happy to pay money if you can fix my LCD TV was broken at a reasonable price. Would you gladly pay your doctor if they resolve your stomach sick? Would you pay your financial adviser if you can make more money than they pay? Or how about the payment of "Stars" employees "millions" when you make "billions" of recipes?
Solving people's problems and make more money. As the famous quote by Zig Ziglar said:
You can have everything in life you want if you just help others get what they want.
What are the problems?
What problems do you solve?
Want to solve the problem "hunger" to provide quality meals at affordable prices. This is what many food companies do. Or do they want to solve the problem of non – enough time to eat. "This is the fast and the" corporate "Instant availability food trying to solve.
What is natural law? Maybe you can use any of their solving skills problems of others.
Are you good at math? Being a great analyst or accountant and financial help people and businesses to solve their financial problems or prosecutors.
Do you want to talk to people? Become a powerful speaker. Share the message, using their skills highly valued in public speaking. Inspire people to act and solve problems in your life dull and boring.
Do you make good movies? Learning to be a big director or producer. People will pay for entertainment, because you solve their problem of "not having the pleasure. "
Troubleshooting is a process
The key according to Robert Kiyosaki, is to realize that problems will never disappear. Having solved one problem, another problem is the winner. Only in this process of problem solving, one after the other, will make a profit economic intelligence.
You need to go through the process of solving problems that money they are now facing. Do not get it. Face it head. Use your mind to think of ways to solve the problem of money. As Rico says Dad Robert Kiyosaki,
"You can quit when you win, but never because you're losing."
The reason for poor Finishing instant millionaires after winning the lottery because they want money, but not the process of learning build your fortune. It's the same people who want to get paid more than the value they offer. His ambition is to make decisions for them. Some people even claim that greed "has caused the current financial crisis, we are now.
The other side of the coin is also dangerous – Fear. Do not let fear stop you. Enjoy the learning process. feel the fear and face front. This is the reason why people are far more happy to receive a regular paycheck had little opportunity to build his own fortune. Take a break. live your dreams. Helen Keller said:
"The Life is a daring adventure or nothing."
Rich Money Habits Review Notes:
- What I liked about the book is that it offers no (except traditional) ways of thinking about money.
- The book is not financial advice, so do not talk about any "how" details on investing in real estate or stuff.
- There are many strong comments about the book if not for everyone. My hope is that after Read the rest of the review of the book in the coming weeks, you'll pick up one or two things to help you with your money problems.
About the Author
Rich Money Habits @ http://www.akosiallan.com helps you discover and learn how to build long lasting rich money habits so you can achieve financial freedom with peace of mind!
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