Wealth Kept Has Determined the Reasons on Why Financial IQ Is Important

Wealth Kept Blog is owned by Yasir Khan and was created in 2015 to focus on one main problem of the public, which is the complete lack of financial education.

December 22, 2015 - Wealth Kept aim to educatepeople financially. The web blog has its own five reasons on why financialIQ is important.

1. You are responsible of your financial well-being.
Wealth Kept believe this is the most important reasons on why people need financial education. Your own financial well-being depends on you, not your broker's, wealth managers, financial planner's or financial advisers. Therefore, it is still up to you to assure that you finances are secured. You should take time establishing your financial education. This will give you time to evaluate the recommendations that you receive and see if they fit into your overall plans. You should take charge of your own financial well-being.

2.In order to become rich and wealthy.
Everybody dreamed of becoming rich and wealthy. However, how you would do it? Get a job with high salary and work your way up? Win the lottery? Own a business? Well, becoming rich and affluent requires hard work and perseverance from the person, but more than that, it requires financial IQ.

3. Your business will not take care of you after retire.
Gone are the days where you work hard all of your life for a company then they will take care of you after you retire. Now companies have affordable options for their employees. However, with proper financial education, people will be able to invest right their incomes and ensure that they won't end up draining their retirement account earlier than they expected.

4. There is no such thing as job security anymore.
Have you ever been jobless or do you know one who has been laid off?  For sure, it is a saddening experience especially if the dismissal caught you by surprise. With financial education though, you will be able to work out what to do if you suddenly wereout of work. There are some other ways to earn money than just getting a job. In truth, the things you will discover once you are financially knowledgeable, will allow you to earn more than any job can offer. Do not let job security fool you, be financially literate and open your mind to a more affluent possibility.

5. Making the money work for you.
You work because you need and want to earn money. Briefly, you work for money. Do you think the rich people work for money? Probably, those who are greedy, yes. They just don’t work hard, but they also work smart. They have money working for them so they keep on earning even when they are not working at all. They are even earning while on vacation or asleep. This is because of financial IQ. It allows them to invest their money in assets that earns money. In short, the money is working for them.

To know more about Wealth Kept, go visit http://www.wealthkept.com/.

Contact Details:
Yasir Khan
Mississauga, Ontario Canada
Wealth Kept
[email protected]
Phone: 416-880-3579