What does your Financial I.Q. have to do with creating wealth secrets?
First wealth secrets question: do you know what your financial Intelligence is?
The good thing is you can easily raise it, it makes it easier for creating wealth, and it's more influential than your IQ. Your Financial Intelligence measures how well you do with money, for example, do you have the problem of not enough money or too much money (yes, they both are problems - which problem would you rather have?) You have your IQ, or intelligence quotient - a score designed to assess your overall intelligence level, how smart you are basically - and there's also an emotional IQ, among others, which measures your ability to control emotions.
Creating Wealth Secrets - Why your financial iq matters
In terms of creating wealth, no other intelligence quotient means as much to your financial success (and more than likely your overall happiness) as your financial intelligence.
You could be an absolute genius yet still be impoverished, busted and poor.
People will not give you money simply for the reason that you're brainy, and even if you can make a lot of money because you're smart, that does not mean necessarily that you will be able to keep it or multiply it and turn it into more. you must have financial intelligence, an intelligence that you can improve with financial education.
A high degree of financial intelligence will ensure that you can make the right actions that will not only remove you from your present financial circumstances but help you completely turn your life around.
A high financial IQ will allow you to make smart decisions with money that passes through your hands or through your bank account, and it will help you attract to you the resources you need to grow. It will help you leverage whatever assets you have available to you, be it time, money, people, knowledge, etc. It will completely change your life, if you apply it.
One great example of the power of these wealth secrets is the story of Donald Trump.
He may have had Millions worth of capital to start with and many would say that is why he is a
billionaire today. However, you also must remember that he was also first almost a billion dollars in the hole!
Most people can't even understand that much debt, they struggle to get their minds past their own credit card or other debts which don't even come close. Yet, Donald Trump was able to not just get out from under his close to $1 billion in debt, he reversed it and became a billionaire in the process.
There must be other wealth secrets involved, eh?
The fact is, once you add to your financial education, your financial intelligence grows unconsciously. The things you learn through expanding your financial education can never be taken away from you. It's not simply a matter of memorizing terms, economic history or being a master accountant. Learning the difference between assets and liabilities, good debt and bad debt, how to legally pay zero in taxes or using taxes to make you richer... All of these ideas, once learned, have the power to completely transform your finances!
Tags: wealth secrets, creating wealth