Hello Friend,
Financial IQ refers to the ability to make one’s money grow by spending wisely, saving, and investing right.
But, as a human, it is natural for a person to crave material things that we don’t have yet. It is in our nature to dream of having the latest gadgets like iPhones or Xbox or even to be able to buy our own car.
We can spend our income on buying more stuff, but in the long term, we might not have enough savings for our future. And this is where investment and having a developed Financial IQ come in.
What comes into your mind when you hear the word investing?
Does it mean, putting your money into insurance, mutual funds, the stock market, or even high-yield investments?
Other people might only think about investing when they are about to die. Some even shiver when they hear the word. Often, they are claiming that they have no money to invest or feel that it’s too complicated a subject to discuss.
Many people even invest heavily in health supplements, personal trainers, and beauticians to make themselves live longer, healthier, or even look younger! Imagine the advertising budget for beauty companies nowadays.
All these are legitimate concerns when it comes to investing, but, we are talking about the most important investment a person can make in his/her lifetime.
Yourself!
But why? | 
