Page 144 - Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money

and invest carefully in order to go beyond our means. It’s not just about
money . . . it’s about life. Personally, Kim and I think it is a tragedy to live

below your dreams.

In Conclusion

On August 9 and 10, 2007, as the markets of the world crashed, many
people had no idea what the crash meant. Most people have no idea how it

will affect their lives. Most people have no idea how the rule changes back
in 1971 and 1974 have affected their lives.
Today, even in the richest country in the world, the U.S., millions of
educated, hardworking people are earning less even if they are paid more,

saving money that is losing value, clinging to their homes as their value
declines, and using credit cards to pay their bills.
To make matters worse, because of a market crash, millions of educated,
hardworking people think that investing is risky and to attain higher returns

means you have to take on greater risks. There are only a few people who
know that the key to leverage is control, and the key to control is financial
intelligence.
The good news is that the higher your financial intelligence, the more

money you make without needing money. In this new capitalism, it is truly
possible to make money for nothing. In the Information Age, knowledge is
the ultimate leverage. The more money you make without money, the
higher your ROI and IRR, and the higher your financial IQ.

Since financial IQ is the numerical measure of financial intelligence, this
means an infinite return means an infinite financial IQ. Tell that to your
banker and financial planner the next time they tell you that 5 percent
interest on savings, or 10 percent return on mutual funds, is a great return.