Why Bother With Financial Intelligence?
You’ve survived this long without developing a financial intelligence, so why start now?
Well, you may have survived, but what is your quality of life? What is your understanding of money, finance, and wealth creation? Are you getting ahead or struggling as always?
If you’ve come to learn about wealth creation, I can only assume that you are not happy with the status quo. I assume that money is a source of stress and pressure, and that you’ve figured out that there has to be a better way—and that you’ve figured out that you need to get more of an understanding about money and investing.
That understanding, understanding that has the potential to make a difference and create wealth comes in two forms, primarily—emotional intelligence and financial intelligence.
Financial intelligence is very important because it is what teaches you about money and how to manage it effectively. This is the piece of the puzzle that puts your money to work for you and that gives you an understanding of important financial concepts, like
• Money systems
• What money is and isn’t (and what it really is and isn’t)
• Investment opportunities
• What assets and liabilities really are
Mindset will dictate most of what you do in wealth creation, and is the absolute key to creating wealth, but once you’ve developed the right mindset you need to know where to go with it. To be able to capitalize on that mindset you need to know how to apply your positive thinking and determined effort. What will show you that? Your financial intelligence.
But to get back to where we started, you need a financial intelligence in order to create wealth for a simple reason: you don’t have one now (unless you are already engaged in wealth creation or wealth education). What you learned in school was simply not enough, and to further and live in financial freedom, you will certainly need this additional knowledge.
Sean Rasmussen
Wealth Creation Blog
UniversalWealthCreation.com © 2004 - 2008
Tags: Building Wealth, Create Wealth, Finance, Financial Education, Intelligence, Investing, Mindset, Money, Wealth Creation
May 20th, 2008 at 9:43 am
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