What Is Your Financial IQ?
Do you know what your Financial IQ is? I didn’t! 🙄 We took IQ (Intelligence Quotient) tests in school, however, we never took Financial IQ tests! We didn’t get taught much about finances or money in school. 🙁
I was watching a Robert Kiyosaki seminar and he said “How much time do you spend studying money? If you want to increase the amount of money you make, you must increase your Financial IQ.” Duh, Kellie 😯 I realized when he asked that question that I had spent only a little amount of time studying money and increasing my Financial IQ. Robert Kiyosaki said “If you want to make a lot of money, you must spend a lot of time learning about money and how it works.” (paraphrasing his words) Wow, that made so much sense to me!
The Financial Light Bulb Went On
Jim Rohn always said “Don’t ask that life get easier, ask that you get better“! A huge light bulb 😎 went on for me the day I heard Robert Kiyosaki ask that question. I had studied nutrition and the physical body to be in great physical health; I had studied tons of personal growth to be a better person; I had studied spirituality to find I am a spiritual being having a human experience; I had studied business to become a better business person; I had studied communication skills to be a better communicator….. However, I didn’t spend enough time to “master” money and raise my Financial IQ to the next level!! 😯
Learning About Money
One of my favorite financial gurus is Robert Kiyosaki, the author of Rich Dad Poor Dad. I started to devour all of his books, CDs, DVD and seminars. He taught me the New Rules Of Money and why being an employee would never lead to freedom. He said you must learn to become a “B” (big business person) or an “I” (an investor) to truly have freedom. Click on our blog posts on the New Rules of Money – Part I and Part II.
1971 Money Became A Currency For the USA
In 1971, Richard Nixon took us off the gold standard, which means the United States money was no longer backed by gold. Money was no longer money, we started creating a currency on paper. Since 1971, the dollar has lost 95% of it’s value. 😯 Please watch Robert Kiyosaki’s video about the US currency.
Tony Robbins also created a video of with an “Economic Caution”.
Tony says “In every tragedy there is an opportunity. Now is the time to figure out what the opportunities are and seize them. This decade will be completely different than anything in history.” And as Eric Hoffer said “In times of change the learners inherit the future, while the learned find themselves in a world that no longer exists“. We believe the greatest opportunities are available right now for those who are ready to learn and give it everything they got! It is so much fun seeing the future! 😆
We enjoyed sharing our post with you today! May we ask you to click the “fshare” button at the top of the article to share on Facebook or “tweet” this on Twitter? We would love to hear how you feel about what you just heard in the comments below. Have you spent much time increasing your Financial IQ?
Also, if you’d like to learn tips and secrets I’ve used over the past 15 years, sign up for our video series below.
Sending you a lot of “Aloha” (love) & “Mahalo” (thank you) for being a part of our “Ohana” (family)!
😀
February 8th, 2011 at 11:46 pm
Hi Kellie!
Fantastic topic and so critical in these challenging times! Fortunately, I married someone who knew Sooooo much and therefore, I learned a lot too! With kids and all the expenses, we weren’t always flexing our financial muscles! LOL!
Even a little knowledge goes a long way, so your readers would really benefit from checking out your info!
Hope that you are fantastic!
Mentor Mama
http://www.ishouldhavelistenedtomymother.com
February 8th, 2011 at 11:58 pm
Aloha Nancy,
It’s so nice to see you on our blog! Thank you so much for your kind comments. I am sure you know all this stuff! You are one of the really smart people I have the privilege to know!! Thanks again for your support. Aloha 🙂
Kellie HosakaÃ�´s last blog post ..2011 Will Be Your Best Year Ever – Steps To Ensure Success
February 9th, 2011 at 2:17 pm
It has been WAY too long since I have visited your blog Kellie! You always have the best information to share with everyone. You can tell that you have invested lots of time researching many topics like you said. I have missed learning from you and just soaking in your giving spirit! I am looking forward to connecting with you again!
Melissa�´s last blog post ..16 Great Plugins You Need to Have on Your Blog
February 9th, 2011 at 8:14 pm
Aloha Melissa!
Yes, how are you my friend? So nice to see your smiling face again! I am so glad you are back and please let’s chat on Skype sometime soon. I am happy you enjoy our blog. We look forward to seeing you again. 🙂
Kellie HosakaÃ�´s last blog post ..2011 Will Be Your Best Year Ever – Steps To Ensure Success
February 9th, 2011 at 5:01 pm
Great message Kellie,
Becoming “money” smart is one area I have yet to delve into as much as others. I’ve also heard that shifts are occurring which can have a huge impact on us financially. Good timing on this info!
Val 🙂
Val Wilcox�´s last blog post ..Everyone Needs Stress Breakers
February 9th, 2011 at 8:16 pm
Aloha Val,
I think most of us were not educated in money or finances much. I have been studying and am very interested in all the changes. It’s actually very fascinating! Thanks for your comments. Aloha 🙂
Kellie HosakaÃ�´s last blog post ..2011- Your Best Year Ever – Design Your Plan To Ensure Success
February 10th, 2011 at 11:08 am
So many times we leave our financial future to ‘the experts’ when in fact, no-one cares as much about our money as we do!
And in this changing economy, what you don’t know can definitely hurt you.
Thanks for the resources and the nudge, Kellie.
I’m going to dig up my Kyosaki books and re-read them.
Bliss-ings
the goddess known as Jacqui
Jacqueline Gates�´s last blog post ..The Power of Labels When You Work For Yourself
February 10th, 2011 at 10:52 pm
Aloha Jacqui,
You are so right on that point. I used to think I wasn’t smart enough to understand all the money talk and then I realized if I left it up to someone else, how much more do they know than I do? And you’re also correct on the caring part! It’s my responsibility to learn about money and finances. Thank goodness for Robert Kiyosaki! He talked a language I finally understood. Now it’s so interesting to me!
Thank you for your great comments! Aloha 🙂
Kellie HosakaÃ�´s last blog post ..Making 2011 Your Best Year Ever – Take Action and Be Accountable
February 14th, 2011 at 8:45 am
So glad I found you on Facebook.You have inspired me to really start blogging and I just joined networked blogs and got confirmed.My blog is not completely new but previously I only shared it in newsletter with people I knew.
Really enjoyed this post. Money vs currency, this got my attention. I knew that my savings had less purchasing power over time but I thought I was saving Money!. Now I know different. Thanks for this.
February 16th, 2011 at 1:11 am
Aloha Kathleen,
We are so glad you found us too! That is so wonderful. Blogging can be a lot of fun and you meet a lot of new people. And yes, the financial world is changing very fast these days. Aloha 🙂
Kellie Hosaka�´s last blog post ..Why We Do What We Do
February 15th, 2011 at 9:34 am
hi kellie, i know you are a huge kiyosaki fan… i am definitely inspired to read more of his stuff after seeing how he’s impacted you!
having a financial education is something that should be taught it school. i was taught to save save save… and as a result ended up with a pretty little sum when i was an adult but no knowledge on how to manage it. and as a result i mis-managed it, and can’t even tell you where it all went!
thankfully in our MLM i’ve been exposed to people like you that have encouraged me to take ownership for my finances. but this is a great reminder that there’s much more to know!
see ya kellie!
Melissa McCloud�´s last blog post ..I Met A Famous Person!
February 16th, 2011 at 1:13 am
Aloha Melissa,
Yes, I am a huge Kiyosaki fan! He has been “right on” on all his predictions and what he says totally makes sense. Financial education is so important if we want to increase our income. Thanks for your comments! Aloha 🙂
Kellie Hosaka�´s last blog post ..Why We Do What We Do
February 17th, 2011 at 7:05 pm
Hi Kellie,
How are you ? 😉 its been a long while since I stopped by your blog. I’ve been re-reading some of my Robert Kiyosaki books as he also been such a great influence on me. I have also been neglecting my blog and decided to get back on track and my last post was also about Roberts views on Financial Intelligence, so I was pleasantly surprised to read your post, and could not agree with you more …thank goodness for Robert Kiyosaki lol! I am never disappointed when I stop by your blog as you never fail to impress and motivate me and you also seem to be on my wavelength so thank you Kellie 🙂 I’ll make sure I stop by more regularly, all the challenges and obstacles I’m facing lately, just make me more determined to not give in, and there is always something on your blog to lift my spirits, and to inspire and encourage me … Mahalo Kellie
Denise 🙂
Denise Gray�´s last blog post ..You Want Financial Freedom Hows Your Financial Intelligence