Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money by Robert Kiyosaki

This book focus on the five key financial IQs to help us get smarter with our money. The five financial IQs are: -


- Making More Money


- Protecting Your Money


- Budgeting Your Money


- Leveraging Your Money


- Improving Your Financial Information



1) Making More Money


Emotional intelligence is essential to financial intelligence. Many people are unable to make more money as they can't live without instant gratification. Furthermore, instead of taking on new challenge and learning, they play it safe and stick to what they know. The higher a person's financial IQ, the less he works while acquiring more and better quality assets.


2) Protecting Your Money


Financial IQ #2 measures the % of income a person keeps against the % of income financial predators take. Working for earned income does not allow for much protection from taxes.


3) Budgeting Your Money


Increasing income, rather than reducing expenses, is a better way to solve the problem of a budget deficit. Spend time, money and energy to increase your income. Don't cut back on expenses. Budgeting your money is measured in % of income that reaches your asset column.


4) Leveraging Your Money


Leverage makes your money work harder for you by using other people's money and if you have high financial IQ #3, you can pay less and less in taxes. If an investor lacks the financial intelligence to control the investment, the use of leverage is very risky.


5) Improving Your Financial Information


Information is the single greatest asset of this era. It is not the asset that makes you rich, it is information and intelligence that makes you rich.


The integrity of all 5 intelligences is required if a person wants to grow rich, stay rich. If people want to become rich, they need to find an environment that allows them to develop and apply their genius.

For more details, please read the book "Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money" by Robert Kiyosaki

Robert and Kim Kiyosaki are coming to Singapore in 2009!

Robert Kiyosaki is a household name in the financial market. For those of you who always read financial books, he is one of the popular authors whose books are always the bestsellers. The book that brought him to fame is "Rich Dad, Poor Dad".

Robert Kiyosaki has two dads. His real dad who is the poor dad and his best friend's dad is his rich dad. Through these two dads, he gains the insight of the importance of money and how to make money works for him.

Below is the abstract of what Robert Kiyosaki had learnt from his two dads and how it helped him to achieve what he has today.

One of my dads is a multi-millionaire. The other is a poor man. Why? Very simply, it comes down to their respective attitudes toward money and life. Take a look at the differences... and think about where you fit...


Poor Dad vs. Rich Dad


My Poor Dad Says, "My house is an asset."

My Rich Dad Says, "My house is a liability."

Rich dad says, "If you stop working today, an asset puts money in your pocket and a liability takes money from your pocket. Too often people call liabilities assets. It's important to know the difference between the two.


My Poor Dad Says, "I can't afford it."

My Rich Dad Says, "How can I afford it?"

The statement "I can't afford it" shuts down your thinking. By asking the right question, you mind opens up and looks for answers.


My Poor Dad Says, "The reason I'm not rich is because I have you kids."

My Rich Dad Says, "The reason I must be rich is because I have you kids."


My Poor Dad Says, "I'm not interested in money."

My Rich Dad Says, "Money is power."


My Poor Dad Says, "When it comes to money, play it safe - don't take risks."

My Rich Dad Says, "Learn how to manage risk."


My Poor Dad Says, "Pay myself last."

My Rich Dad Says, "Pay myself first."

Rich Dad always took a percentage off the top of any income he earned. He put this money into an investment account that went toward purchasing his assets. Poor Dad spent all his money first and never had any remaining for investments.

My Poor Dad Says, "Believed that the company you worked for or the government should take care of your financial needs."

My Rich Dad Says, "Believed in financial self-reliance and financial responsibility."


My Poor Dad Says, "Focused only on academic literacy."

My Rich Dad Says, "Focused on financial literacy as well as academic literacy."


My Poor Dad Says, "Learned only the vocabulary of academia."

My Rich Dad Says, "Learned the vocabulary of finance – "Your words are the most valuable tools you have."


My Poor Dad Says, "I work for my money."

My Rich Dad Says, "My money works for me."


My Poor Dad Says, "Thought that making more money would solve his financial problem."

My Rich Dad Says, "Knew that financial education was the answer to his financial problems: "It's not how much money you make that's important – it's how much money you keep and how long you keep it."


Understanding the difference in attitudes between rich dad and poor dad – is essential to taking the first steps to financial freedom.

For a comprehensive look at how to battle the Poor Dad mentality and adopt the Rich Dad state of mind, learn more from Robert and Kim Kiyosaki and they will help you on your journey to financial freedom.

Robert and Kim Kiyosaki will be in Singapore on 26 and 27 May 2009. Mark Your Calendar and start saving to attend the seminar! Visit Success Resources website to be updated on the price and sales of the tickets!

"Whatever the mind can conceive and believe, the mind can achieve" by Napoleon Hill

Recently, somebody made this comment, "We are not going to be millionaires, anyway."

Because of this statement, it suddenly brought me back to the past and helped me recalled what I had learnt through the books and seminars I went.

Like what the subject title I put in this post, "Whatever the mind can conceive and believe, the mind can achieve."

Our minds are very powerful source of creation. Look at how the world has changed. From the era where our ancestors who were the cavemen and hunt for animals, and to the present era where we live in high rise buildings and use technology-driven equipments, all these happened because of our great powerful minds.

Similarly, if you want to gain financial freedom and be a millionaire, of course you can achieve it if you believe in yourself. If you want to help as many people as possible, of course you can achieve it too. Just like in the movie "Pay it forward" where the small boy wanted to help as many people as possible, so when the person who received his help and wanted to pay him back his kindness, he would tell that person that the person can in turn help another person as a form a paying it back to the small boy. This is why the movie is called "Pay it forward".

Like what Mr. Anthony Robbins had said, "You must believe in yourself and tell yourself that you can achieve what you want to achieve. From there, you actually do up a blueprint and set small goals in order to achieve this big goal. You set yourself a deadline to achieve these small goals and think of the strategy in order to achieve these small goals. If the strategy doesn't work, change the strategy and keep on improvising it. Most importantly, don't give up on your goals and dreams.

But definitely, there will be people out there who said, "It is easier than to be done. Life is more difficult than what you picture," and lots of other excuses. Some even blame on others or luck for their failure.

All these people belong to the category which Mr. Robert Kiyosaki has termed as, "The Losers". The losers are those people who give up once they failed and some don't even do anything at all and all they do are sitting down there and keep on whining and whining, complaining and complaining and they do absolutely NOTHING to improve themselves and be a better person.

If you are determined to achieve what you want in your life, and you find that you may be surrounded by some of these losers, please don't let them influence you and allow them to pull you down. Like what Mr. Adam Khoo has said, "Let them go and die and we have less competition." Hehehe. This is a humorous way to encourage us not to give up and don't let all these negative influences affecting us.

So if you keen to improve yourself and lead a better life, you can go to the major bookstores or library to read those books by those famous people I mentioned in this post.

Always with this in mind, "Whatever you have in your mind, it lasts forever. Nobody can take it away from you. Those material things that you own and wear, people can take it away from you. So please spend some quality time by yourself and read the books by these people and lead a fulfilling life of your own."

I have attached a link where it is actually a video clip of Mr. Anthony Robbins's Seminar -- Date with Destiny.

This seminar took place when 911 incident happened in USA. Through this clip, you can actually see how Mr Anthony Robbins helped those people who attended his seminar at that time when the incident happened and how he helped them cope with the lost of their families and friends at that split second. In particularly, Mr. Anthony Robbins actually chose two participants - one who thought he wants to be a terrorist and one experienced the pain of terrorism, and you would get to see how Mr. Anthony Robbins helped these two men aligned their goals and helped them to achieve their greater self. Generally speaking, he helped all these people to cope with crisis and challenges -- to portray leadership in time of crisis.

With this clip, you would get to learn a lot of things. I shall not elaborate more. You should go and see it yourself and learnt by yourself. Most importantly, please don't wait till you are free and watch the clip, as I don't know when this website will be removed. If you go and check out the prices of all those DVD's of those seminar clips of Mr. Anthony Robbins, it actually cost a few hundreds dollars. Now you can actually watch it for free, therefore please grab hold of this opportunity and don't let it slip by. This clip helps to transform yourself. After watching this clip, you realize that your life, from this moment onwards, have changed and life will not be the same anymore. Life will be very exciting and colorful for you and you can't wait to change and become a better person and pursue your dreams and goals passionately.

PS: Remember to prepare some tissue papers. This clip is so touching that Mr. Anthony Robbins also shed his tears.

PPSS: For those who never watch Mr. Anthony Robbin's video clip before, please watch the video clip like a baby. What do i mean by a baby? That means you have nothing in your mind, your mind is blank and you are so eager to learn new things from this master -- Mr. Anthony Robbins. If you watch this clip as who you are now, then you will find that you may not learnt anything and instead you will be skeptical in what he is doing. You will say, "It's bullshit."

On top of that, you must picture yourself as a participant of this seminar. Treat it as Mr. Anthony Robbins is talking to you like a friend. Learn to let go of your emotions, mind and your soul and listen to him attentively. This is the ONLY way that you can truely learnt from him.

To end this note, below is what I quoted from Mr. Anthony Robbins:

Now I am the Voice,

I will lead, not follow.

I will believe, not doubt.

I will create, not destroy.

I am a Force for Good.

I am a Leader.

Defy the odds!

Set a new standard!

Step Up! Step Up!