What does your Financial Intelligence Quotient have to do with creating wealth secrets?
First wealth secrets question: do you know what your financial I.Q. is?
Fortunately, the good thing it can easily be raised, it makes creating wealth easier, and it's more influential than your I.Q. Your Financial IQ is a measure of your level of financial intelligence, how well you do with your money.
Creating Wealth Secrets - Why your financial iq is worth paying attention to
In terms of creating wealth, no other IQ matters so much to your financial success as your financial IQ.
You could be an absolute genius but still be broke, destitute and poor.
People won't hand you money merely on the grounds that you're smart, and even if you are able to make good money because you're smart, that does not mean necessarily that you'll be able to keep it or reproduce it into more. That requires financial intelligence, an intelligence that you can enhance with financial education.
Even emotional intelligence does not ensure that you will do the right things for acquiring money or creating wealth, or ensure that if you had money, you'd again be able to grow it or even keep it.
A high degree of financial intelligence will ensure that regardless of how much money you have to begin with - or even how much debt you may be under - you can make the correct decisions and take the right actions that will not only remove you from your present financial circumstances but help you completely turn your life around.
One great example of the power of these wealth secrets is Donald Trump.
He may have had Millions worth of assets to begin with and some would argue that is why he is a
billionaire today. However, you also must remember that he was also first nearly a billion dollars in the hole!
Most people cannot even comprehend that amount of debt, they find it hard to get their minds past their own credit card or other debts which don't even come close. Yet, as most people struggle, trapped by the fear of their growing debt hoping to someday just be able to even pay it off and get out from under it, Donald Trump was able to become a billionaire in the process, having to create over $2 billion in the process to become a billionaire!
How'd he do it? There must be some other wealth secrets involved, right?
Once you add to your financial education, your financial intelligence grows unknowingly. The things you learn through expanding your financial education can never be taken from you. 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 concepts or ideas, once learned, can completely transform your future!
The great thing about a high level of financial intelligence is that even if the market turns against you and you wind up losing it all, you'll know that you know the wealth secrets, you can make it all back again and then some - just like Donald Trump!
Tags: creating wealth, wealth secrets