What makes the rich become richer, the middle income stuck
in that category & the poor struggling to get out of being “poor”?
Luck? Maybe….but it is partly due to Financial
Intelligence.
You may be the smartest in your class but the average
student who has a better financial knowledge will be richer than you when you
compete in the real world out there.
Read On
1. Get yourself financial
educated. For you and your kids. It is a good gift for a child. No financial
knowledge people suffer in making economic decisions.
2. ”Work hard, save money, pay off debt, spend as little as
possible and Diversification” are outdated advice. Economic problems will
always exist. Learn to capitalize on the economic situation. The rich buy when
the prices are low and sell when the prices are high. When does the price go
down? When the economy is down!
3. The key to becoming wealthy is to recognize that there
are unjust systems of distribution of wealth. We just have to learn the rules
and use them to our advantage, this requires financial intelligence.
4. The rich continue
to enrich themselves with financial knowledge because they learn to solve
financial problems for themselves. There are opportunities to learn, grow and
be smarter and get richer. The rich knows that the more acute is your financial
intelligence to solve problems quickly and they can produce more money.
6. Rich or poor, everyone has money problem, the only way to
get rich is to increase your financial intelligence. Educate yourself on how to
manage your money.
7. Knowledge is one thing that people cannot take it away
from you. Learn as much as you can. Teach your kids as early as you can. Give
them the upper hand in the real world. You need to be ahead in your financial
intelligence in order for you to grab the opportunity when you see it.
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