Financial Intelligence: An Everyday Person's Guide: on Building Real Financial Freedom by Mastering the Game of Money Complete Volume

By Income Mastery

What is the first thing that comes to your mind when mentioning the words: money, finance, economy and investment? 

Does it give you a feeling of empowerment? Or do you feel intimidated and terrified with the idea of handling large amounts of money? Are you able to manage your personal finances? Do you feel safe when making money-related decisions? 

Take advantage of this moment to evaluate yourself.

You may be good at managing your finances and you are here to fine-tune certain skills, or you may be unsure about managing your money. 

Whatever the case, put your worries aside as this book may be the key to unlocking your financial intelligence.

 

In this book, you'll learn:

 

•    Importance of financial intelligence

•    Most important habits to achieve financial intelligence

•    The importance of discipline

•    How to reprogram your mind and habit to achieve financial freedom

•    And much more!

• Language: English
• Publisher: Aiditorial Books
• Release date: Jan 16, 2023
• ISBN: 9798215656914

Income Mastery

Phil Wall grew up quite poor and had to learn the value of "money" through hard work and perseverance. He has worked numerous low wage jobs like being a waiter, fast food counter cashier, and dishwasher. However, he managed to get a college degree and started to work at numerous banking positions. He enjoyed writing about money and helping others through writing books.

Book preview

Financial Intelligence: Volume 1 - A Safeguard for Your Finances

An Everyday Person's Guide on Building Real Financial Freedom by Mastering the Game of Money

By

Phil Wall

Introduction

What is the first thing that comes to your mind when you mention the words: money, finance, economy, investment? Does it give you a feeling of empowerment or do you feel intimidated and terrified by the idea of handling large amounts of money? Are you able to manage your personal finances? Do you feel safe making decisions related to money? Do you feel worthy of abundance? Have you thought about being a millionaire? Take advantage of this first moment to evaluate yourself; you may be good at managing your finances and you may be here to tune up certain skills or, like many, you may not be clear what to do to take control of your personal or family accounts. Whatever it is the case, I want you to put your concerns aside so that you can internalize the information you are going to receive.

The intention of this book is to show you and yourself that you are capable of developing your financial intelligence and thus reach financial freedom. But first of all, you must recognize how you feel about money and thoughts of abundance and success, since these are what drive or limit you when you think about creating sources of income. Money is something we use every day, it is what sustains the most important things in our lives: home, food, clothing, education, transportation, services, etc. So today, decide to give you the opportunity to understand how to effectively manage your income, develop your financial skills and make decisions that improve your quality of life and lifestyle.

Because yes, you deserve to have knowledge and good management of your money to live a life of abundance, peace of mind and emotional stability. Why do I mention this? Because it is necessary that you remember it, it is important that you know that you deserve to live a life of abundance, of quality; you deserve a happy life. There comes a time in life for all of us when the alert appears that you have already grown up, matured and have to take charge of yourself, and with this, new responsibilities come, including taking charge of your income and expenses. And yes, we are terrified, because we are not taught how to manage our money at school or at university. Common schools teach you how to manage money focused on businesses, but not on our daily lives, our day-to-day finances. I will not go into detail as to why we are not given this information, because it is something that goes beyond us. But what I can tell you is that you, you have already taken the first step, you decided to inform yourself, educate yourself and take charge. You're doing fine. Throughout this book I will leave recommendations, motivation on my part and phrases that I want you to read and interiorize; be interested in these people proposed as icons in personal finances, business and healthy lifestyles. And why not, someday, you could become one or better than them.

The most powerful asset we all have is our mind. If you train correctly, you can create enormous wealth in what appears to be an instant Robert Kiyosaki

What is Financial Intelligence?

Financial intelligence is the ability to positively relate to money and solve your economic/financial problems without entering into mental or emotional conflict, and no, I don't mean mathematical calculations or financial problems like college. If not, to situations related to different amounts of money, your aptitude and capacity to visualize a possible solution and, finally, the decision making in front of these.

Having financial intelligence is a skill that you can develop through different habits and recommendations that we will mention later. But without having to go very far, every day you are faced with different situations where you can test it and reinforce it. Money is something we always manage, whether it's for service payments, purchases, business investment or any other transaction.

●  Is financial intelligence related to emotional intelligence?

Yes, let's say that, before identifying your financial intelligence, you need to evaluate your emotional intelligence. How do you define yourself? How would you describe your personality? How do you react frequently? Do you have a predisposition to do new things? Do you feel comfortable with yourself? Are you committed to yourself? I ask you to evaluate your emotional intelligence, since it is useless to have financial intelligence if emotionally you are not stable and are not motivated to grow and evolve. Recognizing your emotions, listening to you, looking for positive solutions and in your favor, will make developing your financial intelligence much easier than you think, since, having emotional stability, you will be able to listen to your intuition added to your knowledge, and in this way make decisions that empower you against money and it becomes your ally instead of your enemy.

Focus on how you feel and how you react, be honest with yourself, only in this way you will identify what you need to improve emotionally, become aware of your emotions and you will be able to control your thoughts and reactions. This is important in financial intelligence, because, as mentioned above, it is the way you react when faced with money, it is like an energy in your life. Ask yourself: How do you feel about receiving or managing money? Are you responsible for your personal finances? Do you make good decisions about having money available? Do you like money? And with the latter you can say: Of course I like money! Who doesn't? Yes, we all like to receive money to invest in ourselves, but what happens when you relate it to responsibilities, payments, debts, investment, do you still think you like it or did the energy level drop when you mentioned this? And by energy, I mean the feeling you get from these situations. It is important to have a proper energy relationship with money; otherwise you will only chase away the opportunity to live in abundance and success.

This has a lot to do with the mental programming that you have in front of money, that is, every memory of your life related to money has labeled an emotion or feeling; which, for better or worse created a mental programming that affects your relationship with it. Being aware of our emotions goes beyond whether we want to be happy or not. It's about being really free and happy, in every way. It is important that you identify your emotions, become aware and accept what is happening, look for positive solutions and learn to let go of what you don't need. In this way, your mind will make you accustomed to making decisions in your favor and in favor of your purpose, thus achieving, to have the life you so much desire. How to achieve it? I'll throw that lifeline at you later, but for now we'll recognize the importance of financial intelligence.

Is Financial Intelligence Important?

Intelligence solves problems and makes money. Money without financial intelligence is money that will soon be gone. Robert Kiyosaki

Yes, financial intelligence is important; it is necessary to develop it, not only to know how to handle the money that comes into your life and keep your accounts, but also that lets you live in peace, so that you feel in control of something that possibly generates stress without having a clear explanation of why this happens and in which way, to be able to see and think more clearly and strategically about a solution to a problem related to money. But more than just solving problems, it is to have the ability to generate it in abundance, know how to manage it, administer it and enjoy it. Don't stay in what is within your reach, dare to go for more, lose your fear of money and success.

●  How to identify if you have developed this skill?

Let's do an exercise: Think that a large amount of money comes to you, which you must organize and manage so that you can pay, invest and save for the month. How does this make you feel? stressed? worried? normal? uneasy? did a way of managing it come to mind quickly? Depending on how you feel about situations involving money, you may be able to determine whether or not you have developed your financial intelligence. It's like analyzing your relationship with a person, how you feel determines whether you're comfortable or not, the same goes for money.

If you feel annoyed with regard to organizing money, payments, investment; if managing money causes you an effect of effervescent stress or fear, this means that your vision regarding money is not positive, because it brings you more concern than satisfaction, and in this way, you generate a blockage to the ability for develop your relationship with money and develop your financial intelligence; since you feel fear, fear of losing money, fear of not knowing how to manage it, you feel that you are going too fast or sometimes, you do not know where to go because you fall into impulse purchases without keeping the account.

On the other hand, if you react positively to situations where you need to manage money, if you have all the attitude to solve any inconvenience that presents itself in a fast and organized way, if you feel comfortable generating and saving, it means that your relationship with money is good and you have healthier and more developed financial intelligence.

It is important that you develop your financial intelligence, whether you are an entrepreneur, an entrepreneur or a person who wants to improve their personal finances, having it will simplify your life; since money, as mentioned at the beginning, is the means by which we sustain the main things in our lives and more.

Whatever your case, in this book you will learn how to develop it, you will improve your relationship with money and you will be able to develop your financial intelligence, opening yourself to the possibility of achieving the much appreciated financial freedom. That's all you want, isn't it? To lose the