Page 14 - Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money

It was the information relative to the asset that ultimately made a person
rich or poor. In other words, it is not real estate, stocks, mutual funds,

businesses, or money that makes a person rich. It is information,
knowledge, wisdom, and know-how, a.k.a. financial intelligence, that makes
one wealthy.

Golf Lessons or Golf Clubs

A friend of mine is a golfing fanatic. He spends thousands of dollars a year
on new clubs and every new golf gadget that comes to market. The problem
is, he will not spend a dime on golf lessons. Hence his golf game remains
the same, even though he has the latest and greatest in golf equipment. If he

invested his money in golf lessons and used last year’s clubs, he might be a
much better golfer.
The same nutty phenomenon occurs in the game of money. Billions of
people invest their hard-earned money in assets such as stocks and real

estate, but invest almost nothing in information. Hence their financial
scores remain about the same.

Not a Magic Formula

This book is not a get-rich-quick book or a book about some magic

formula. This book is about increasing your financial intelligence, your
financial IQ. It is about getting richer by getting smarter. It is about the five
basic financial intelligences that are required to grow richer, regardless of
what the economy, stocks, or real estate markets are doing.

The New Rules of Money

This book is also about the new rules of money, rules that changed in 1971.
It is because of these changes in the rules that the old rules are obsolete.
One of the reasons why so many people are struggling financially is

because they continue to operate according to the old rules of money, old
rules such as work hard, save money, get out of debt, invest for the long