Posts Tagged ‘financial’
You know what the cause of the breakdown of marriages? Usually the subject of money. What if in the family, there was a personal failure? And if you lost your job?
Schools often teach Scholastic Aptitude Test (SAT). Want to know how well they are in reading, writing and arithmetic? These skills are very important and depending on how well you perform on the SAT, the next step will focus on high school, in the Professional Aptitude Tests (PAT) to see if you are going to become a doctor, a lawyer, a fireman, or whatever you want to be.
But what schools teach people in their education, not the thing called Financial Intelligence. Rarely the subject of money being discussed in schools. What is Financial Intelligence?
If I give a sum of money, say $ 10,000 to a group of people, then 80% of them may have nothing at the end of the year. 60% of them have won $ 10,100 dollars at the end of the year, and that could have deposited the money in banks for interest income. And the 4% would be anywhere from $ 20,000 to $ 1,000,000 or more at the end of the year, as they are financially smart.