Are you ready to discover what Financial IQ 5 has in store?
We’ve all heard the saying, “You need to learn to walk before you can run.” Robert emphasizes that this applies to financial intelligence too. It makes perfect sense, doesn’t it?
To achieve high returns on our money, which is the essence of financial IQ 4, we first need to grasp the basics. As Robert puts it, “We must learn the foundational principles of financial intelligence!”
Do you know where we’re falling short in developing our financial intelligence?
According to Robert, we’ve been taught to hand over our money to financial experts, which prevents us from becoming experts ourselves. This reliance drives us straight into the arms of bankers and mutual fund managers.
But if someone else is managing our money, how can we improve our own financial intelligence? We simply can’t, right?
Building a strong base of financial knowledge makes it easier to boost your financial intelligence.
Robert assures us that “In this book, my commitment to you is that I only discuss things I have done or am currently doing.”
For instance, many financial experts advise saving money and investing in a diverse mix of mutual funds. Robert challenges this advice, asking, “Will this strategy work? Can you guarantee it will succeed?”
The world is constantly changing, and new technology is turning poor countries into rich ones while also making some people wealthier and others poorer.
He explains that this is why he believes in the Five Financial Intelligences. He admits he doesn’t have all the answers and isn’t sure what challenges the future may bring. While he might not always overcome financial setbacks, he views them as chances to learn, grow, and boost his financial IQ.
His rich dad once said, “Answers are about the past, and abilities are about the future.”
We all have unique thoughts, preferences, strengths, and weaknesses. He isn’t saying that financial intelligence is the most important or the only type of intelligence
As his rich dad says, 'Whether you're rich or poor, smart or not, we all deal with money.' Money might not be the most important thing in life, but it influences everything that matters, like our quality of life, health, and education.
So, are you ready to explore what the other types of intelligence are?
