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Posts tagged robert kiyosaki
Want to “Increase Your Financial IQ”?
Mar 8th
I’m currently reading Robert Kiyosaki’s new book, “Increase Your Financial IQ”. This book is available through your favorite book retailers.
Check back later this week for my in depth review. In the meantime, here’s Kiyosaki’s quiz to test your financial IQ.
The key to becoming wealthy is:
Rich Dad’s Increase Your Financial IQ Quiz
What’s Your Financial IQ?
- Which of the following is not an asset?
- Gold
- The Corvette you bought for your 40th birthday
- A business
- Wheat
- On average, Americans save how much of their income?
- Enough to buy a new flat screen TV
- Why save when you own a house?
- They don’t save. They owe.
- A retirement plan that is paid for by your employer is known as a:
- Defined benefit plan
- A miracle
- Both
- What kind of income is the hardest to protect from financial predators such as taxes?
- The dividends that just got cut from the financial stocks you bought
- The $50 and rocking CD collection you inherited from your uncle Craig
- The forty hours worth of cash your company pays you for sixty hours of work
- What is the best way to create a budget surplus?
- Cut down on expenses by buying a fuel efficient car
- Get a higher paying job to make more money
- Saving and investing before paying your bills
- An example of leveraging your money is:
- Putting money in an interest bearing savings account
- Buying investment real estate with a bank loan
- Going to a local casino.
- The best way to invest is in a diverse portfolio of stocks, bonds, and mutual funds. True or False?
-
- Only having two scotches per night
- Buying high and selling low
- Selling the CD collection you inherited from Uncle Craig
- Increasing your financial intelligence
Click the link below to see the answers.
CNBC’s “The Millionaire Inside”
Feb 17th
I seldom watch television these days. When I do, I almost always switch to CNBC. One of the programs I noticed is one you may not have heard about yet. The “Millionaire Inside” is hosted by Erin Burnett.
Millionaire Inside is “…an exciting series, featuring an unprecedented roster of top money mentors. With each show, [their] money mentors address a different topic in building and maintaining wealth.”
When I first watched this show, they featured Donald Trump and branded the show as “The Billionaire Inside”. Erin essentially interviewed Donald in front of a studio audience asking him questions about his businesses, how he became a success, etc. Since then, the format has changed.
If you visit the Millionaire Inside website, you’ll see a series of topics with celebrity financial gurus such as Robert (Rich Dad) Kiyosaki, David Bach, Loral Langemeier, and many other notable celebrities in the personal financial arena.
This show does not appear to be a regular series. Instead, it is appears to be a series of special reports. I suspect CNBC is currently evaluating the popularity and demand for this show. In the meantime, if you don’t subscribe to CNBC, you have two options. First, you can order a DVD from CNBC; it contains the first four episodes. Second, I recommend simply browsing their website. The expert money mentors have posted their advice online.
Enjoy!