We are all aware of the fact that money has a great impact on our lifestyle and quality. Money, education and jobs alone are not enough to solve financial problems, but the only solution to financial problems is to have financial genius. Note that high personal intelligence (IQ) is not a reason for high financial genius.
If you do not improve your financial genius, your financial problems will always remain unresolved and may only appear faint at some points and more pronounced at others. By harnessing and promoting financial genius, we can both better solve financial problems and find ways to generate more revenue.
If you want to get acquainted with financial intelligence and all its details, be sure to read the article "What is financial intelligence?"
The topics covered in this article are:
- Skills to strengthen financial genius
- Tips for promoting financial genius
- Do's and Don'ts of Financial Genius
Skills to strengthen financial genius
Financial genius is an acquired knowledge that everyone can develop this skill so that they can make better decisions in financial matters. Solving more financial problems makes your financial genius more trained, just like an athlete who builds more trained muscles with more exercise. You do not want to be frustrated if you cannot get the right pitch so invest in a good capo. It is a moderate recommendation that financial experts recommend that you live below your income level and invest your savings in a few branches. Adopting mid-level strategies leads to living below the median income level, and this will prevent the increase of financial genius.
Financial genius and ways to increase it
People need to learn a few basic skills to be able to strengthen their financial genius:
Financial knowledge
To strengthen financial genius, financial knowledge must be increased in the individual. In the information age, having financial knowledge is the best asset.
Principles of investment
To get rich, we need to know how money works and how we can harness it so that we can invest properly.
Market knowledge skills
To strengthen our financial genius, we must be aware of market activities and events and make financial decisions aware of them.
Financing skills
Funding means managing, creating, and studying financial resources, banking, investment, assets, and liabilities.
Tips for promoting financial genius
To increase your financial genius, pay attention to the following recommendations:
Invest in valuable things
Investing in worthless things destroys valuable things.
Have alert eyes and mind
If you are aware that success is not about failure but about it, you can better focus on your failures and even use the financial experiences of others.
Choose big goals
Many financial experts advise people to choose small goals so that you can succeed, but to achieve the best, you must choose the best.
Look for the right environment for your financial growth
Being in the right environment allows you to make the most of your financial capabilities. An environment in which failure and frustration are spoken of endangers your job satisfaction.
Discover your abilities
A person who does not discover his talents is lazy and wants to get everything ready. Everyone has financial ability, they just need to learn and cultivate the proper use of that ability in financial matters.
Financial genius must lead to results, one of the keys to success is the financial genius of the Iranian stock market, to get acquainted with investing, read the article "Three main steps for investing in the stock market."
Do's and Don'ts of Financial Genius
To maintain and promote financial genius, pay attention to the following points:
Read
Take time to study financial and economic issues every day. This will increase our financial knowledge.
Save
It does not matter how much you earn and how much you save, but it is important to save some of your income.
Accept higher job opportunities
Do not be afraid to become a manager. As your career progresses, your salary and self-confidence will increase. Try to learn and practice management skills.
Do not buy with bad mood
Some people go shopping to improve their mood, but be aware that this is a short-term method.
Suppress the temptation to buy
When tempted to buy, ask yourself what you need and how much money you will lose by buying it. Avoid buying unnecessary accessories.
Do not spend under the influence of others
Do not waste your money to show off. Before buying, ask yourself what conditions and people have you been affected by?
Control your emotions
Do not let your emotions get in the way of your accounts and books. Do not easily override your right.
Do not limit yourself to a degree
Do not let your degree determine your destiny. Do not limit yourself to your field of study for work and investment.