The book talks about things on which are not taught on schools by our teachers (where the schools focus only on scholarly
topics and not financial topics), and also are not boarded by the major of our parents; therefore they are not capable of this. The knowledge about how the money works in this world and where to spend it is emphasized on its saying and explained here. Offers valuable tips about how real investors analyze their decisions to invest. It is different from other books in a sense of not telling to open up an own business to become rich, but shows ways to make your money work for you keeping your actual job.
Throughout the reading, it emphasizes the knowledge as primary objective to the development. The book explains about money is 6 steps:
1.1 the poor and medium class work for money. The rich has their money working for them.
2.2 Financial intelligence is learning about money, how it works is the key to success. Money without financial intelligence is lost money. There is a ability that turns people into high investors and this is a financial intelligence.
3.3 Keep your actual job and plan to own your business where it gives you a financial security. To plan your own business means, construct and maintain strong your sustentation column and raise it the highest possible. One of the most important distinctions between the rich and the poor is that the rich buys superfluous at the end while the poor and medium class first buys the superfluous.
4.4 The history f the taxes and the power of the cooperations. With the money taking a great power that requires high knowledge to maintain and multiply. Therefore, you need to develop a financial intelligence, entering, investing, understanding markets and the laws. You need to discover more about the benefits and protection offered by cooperations ( with the law) the quickest possible.
5.5 The rich creates money and has more options.
6.6 The rich works to learn and not for money. The ability of selling and negotiating is a very important point to become rich. Everyone wants to become rich. But the reason on which they do not overcome financially is because the fear of losing money goes beyond the desire of being rich. Like the author says,"Everyone wants to go to paradise, but no one wants to die." the weakness inspire the winners and knocks down the loser. You must go beyond this fear, is necessary to accept some risks to become rich. Of course these riches can be minimized by a good financial knowledge. The author says, " if you need to loose, lose it before you are 30 and you will have strength to gain during the rest of your life". Robert concludes his book saying that " You do not need money to make money. What you need is simply financial intelligence".