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Increase financial intelligence by these 4 easy ways

The common point in most wealthy people is having high financial intelligence. Financial intelligence helps you keep and increase your money. In fact, without having high financial intelligence, even if you get a lot of money, you cannot keep or increase it. Here are 4 ways to increase your financial intelligence for you dear friends.

What is financial intelligence?

Have high financial intelligence means having more financial success, making smarter financial decisions, and doing better things to improve the situation, and this is what the wealthy people are always doing. The wealthy people’s real property is their financial intelligence.

To have this ability you do not need a high IQ or a high educational degree. Just follow the recommendations in this article to increase your financial literacy. Being wealthy does not require a harder or long term job. In fact when the individual’s financial intelligence is higher, he works less and gets more and better things.

For understanding financial intelligence better, you need to know the classifications.

Financial intelligence classification

۱ – Make more money

The purpose of making more money is to find the best way to get more money. But most people are looking for the easiest way to get money. Everyone wants to earn more, but only those who are financially intelligent find more and better ways to make more money.

۲- Protecting your money

2- Protecting your money

When you get more money, you have to be able to keep it. Usually, when people’s incomes increase, costs increase too. If you do not have financial intelligence, you cannot protect your money.

۳- Budgeting your money

3- Budgeting your money

Those who are financially intelligent can predict costs. So they can budget the money correctly. It means that they can allocate the earnings correctly to the costs.

۴- Strengthen your money

Strengthening money means use the most of the least money and resources. In fact, financial intelligence is not only used for large amounts. You can use financial intelligence even if your money is low.

۵- Increase your financial information

Increasing financial information means learning and teaching the rules of wealth and national literacy.

In general, according to the classification of financial intelligence, it can be said that if you are financially smart, you can find the best ways to get the most money. You can protect your money and do not spend it in vain. You will have the ability to predict the cost and budget your earning according to it. Also you can use the most of the least amount of money.

In the following 4 ways to increase this ability is taught to you.

How to increase our financial intelligence?

۱- Put away the compliments

Your job is your financial and money source. If you want to increase your money, you should pay more attention to it. Valuing your money and focusing more on money and wealth will increase your financial intelligence

۲- Identify your thinking and beliefs

2- Identify your thinking and beliefs

How is your thinking about money and wealth? It’s better for you to create the right thinking and idea about wealth for yourself at the earliest. Instead of spending more money, think about investing your money in a better place. Think about how to make more money.

۳- Teach yourself

Learn the basics and principles. One of the prerequisites for financial intelligence is learning the basics. After learning these principles you will be different from ordinary people, so the more you work on your training, the more you increase your intelligence.

۴- Spend your time wisely

4- Spend your time wisely

Spend your time for doing the things that you really need for a healthier life with money. Get rid of your debt, so control your daily costs.

Make yourself ready for creating financial intelligence. You do not need university studies to increase your financial intelligence. You should learn spend your money smartly, so we have some trainings for you that ensure your being wealthy by using some principles.  

Farshid Pakzat Research Group