The 5 Level Types of Financial Intelligence!


Financial Intelligence 1: Earning Your Money.

Many people have this type of financial intelligence, even those that are not financially free. A professional or an overpaid managers who earns RM10,000 over per month knows how to make money. But this factor alone is not enough to be financially free. Especially if they have low # 2 and # 3 Financial Intelligence.

Financial Intelligence 2: Protecting Your Money.

Especially if you earn a high income, you must know that you have hundreds of people who want your money. From the state with taxes, financial advisers to different salespeople of kinds. You have to actively protect your money because if you do not, these people will take it from you, in one way or another.

Financial Intelligence No 2 is very important and undervalued, but remember one thing: it is not important how much you earn, but how much is left in your hand after you pay all your expenses and liabilities.

Financial Intelligence 3: Managing Your Budget.

Managing a budget requires a lot of financial intelligence. Many people, even if they earn large sums manage a budget like poor people, spend everything they earn!

So a person who earns RM 20,000 a month and spends RM 5,000 has an No 3 type of financial intelligence greater than a person who earns RM20,000 per month but spends RM20,000. Saving is not easy, but it is essential to be able to invest (just saving without investing is not smart).

Financial Intelligence 4: Leveraging Your Money.

Here we are already at a university of financial intelligence. When you understand and put into practice the leverage mechanism, anything is possible. If you leave your money in the bank and nothing else, you are not using leverage, worst, you might eat up all your money with expenses and inflation. But if you invest your money and make it grow, then you begin to have Financial Intelligence no.4.

Another example: If you buy a property in cash, you are not using leverage, and your Financial Intelligence no.4. is very low, but If you put some of your money into buying the house and get the rest It from financing, then your financial intelligence increases because you use leverage.

Financial Intelligence 5: Increasing Your Financial Intelligence.

The problem with type 4 Financial Intelligence is that you do not have enough type 5 Financial Intelligence, and then you have wrong ideas about how to invest or where to invest.

I could say that Financial Intelligence type 5 is the most important one. But you cannot devote yourself to develop type 5 if you have not worked before, at least a little on the other types.

Working on these 5 levels types of Financial Intelligence and putting them into practice then I am absolutely sure that you can achieve, and also in a relatively short time, your financial freedom. Nurture your financial intelligence, because that, for better or worse, controls your life.??

Quote: “Government / private banks and authorized financial transfer companies / training course…