Financial Intelligence - The What and Why

Financial Intelligence - The What and Why

You may or may not agree with us, but the problem with many people these days is not the
lack of money but financial intelligence. Financial intelligence is pivotal to solving most
financial problems. It’s not firstly about how much a person earns. Although it’s intelligence to ensure you increase your basic income, you can do more with little when you are financially wise.

What is Financial intelligence?

Knowing what money can do is different from knowing what you can do with money. It is much more than spending money on wants and needs. There are more important things you can do with money other than spending it on liability.
Financial intelligence opens your eyes to more power in money other than purchasing power. It’s the insight you have to manage your personal finance, business, and corporate finance.
Financial intelligence helps you to consider the budget before making any financial
decision. It is the management of both income and expenditure. Lack of financial intelligence is what leads to poor financial decisions. Money can multiply only if you have the necessary financial intelligence to make it happen.

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Why is financial intelligence important?

The importance of financial intelligence cannot be over-emphasized in business and personal finance. There is a popular saying that it is intelligence that solves problems, not money.
This is why you need financial intelligence;

● Understanding that money can be controlled
Your understanding of money determines what you do with your money. Financial intelligence helps you to understand that money is controllable. Impulsive buyer, spending money without a properly thought out plan shows you are not been intelligent financially.
You need to understand that the money is yours and you determine who gets it. Assets or
liabilities. One reproduces for you the other drains you.

● Understating the concept of savings and investment
Savings keep money, investment multiplies it. You should also note that any money you save
loses value over time due to inflation. Currently, the inflation rate in Nigeria is about 11% per year. That means money saved in the bank loses its buying power by 11% yearly.

● Helps you set financial goals
To ensure financial growth, you must set financial goals. Your measurable financial goals help determine if you are lagging or on track financially. Financial intelligence helps in goal settings and budget making.

● Financial intelligence increases wealth
Poor financial decisions can make you lose wealth and obvious you won’t be able to
increase wealth. Financial intelligence helps understand cash flow and identify loopholes.
You deal with the loopholes and optimize the cash flow pattern for growth.

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Actionable Tips for Financial Intelligence

The first tip is to be deliberate about being financially intelligent. It doesn’t just jump on people or happen in the sweet by and by. You need to create a system around yourself.
Here are a few habits you should cultivate;

● Save to invest
Money-saving is good but it does not increase the value of money. As such, you must save to invest and not just save alone.

● Plan your purchase and spending
You must be intentional about evaluating what you buy with your money. Focusing on your
needs not wants is a healthy financial decision.

● Do not take a loan without a plan
Never take a loan to purchase liability. If you can’t afford it yet, you probably shouldn’t get it. Taking a loan without a plan can jeopardize your financial health. It’s only smart to take a loan when you need it to expand your profitable business or health emergencies. Taking a loan to purchase a car is not smart. Well, except you want to start a business as an uber drive - by all means, do.

● Increase your financial knowledge
One of the best investments is an investment in oneself. Invest in your financial knowledge
by reading financial intelligence books. Attend seminars and workshops on financial


Financial intelligence is the key to wealth. Your income might not be the problem but your
lack of financial intelligence. Having the right attitude to financial intelligence puts you on the right track of making wealth.
Let us know what you think about Financial Intelligence, Drop us a comment below!

We will consider The Impact Of Covid-19 On the World Economy next!

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crestwaytrade 04 Apr '21
Thanks to you all for your positive comments, we sincerely apologise for not posting ads yesterday- we promise to make it up as we're dedicated to serving you better. Your regular Crestway
evedyne 04 Apr '21
Financial intelligence is very important
olawale100001 04 Apr '21
Crestway that's my way
abike 04 Apr '21
Ride on Crestway
tonwee 04 Apr '21
Crestway trade you are there
nafsy 04 Apr '21
Knowledge is power really
ifeoluwa 04 Apr '21
We are getting there very soon
julies 04 Apr '21
Crest way all the way
97242835gc 04 Apr '21
Crestway all the way
yinkusnla 04 Apr '21
Well composed
ishola1706 04 Apr '21
Happy to be here
aliwa 04 Apr '21
I love crest
darerire 04 Apr '21
Crest way is the foundation to your financial freedom
ajuluchukwu 04 Apr '21
Surest way
ioryenge 04 Apr '21
CREST is the WAY
toby 04 Apr '21
Nice write up
julietmichael 04 Apr '21
Wow...I totally agree with this... Crestwaytrade all the way
olad 04 Apr '21
Great writeup
olad 04 Apr '21
Great writeup
gs49 04 Apr '21
gs49 04 Apr '21
umoh 04 Apr '21
Financial intelligence is the power
aa4love1 04 Apr '21
Thanks for d write up crestway more grease to ur elbow. The sky is your starting point
famade 04 Apr '21
olubusola 04 Apr '21
Very enlightening
temi 04 Apr '21
It's good
maceke 04 Apr '21
Honestly crestway is the best
oyinlade 04 Apr '21
Good one on this
sundex 04 Apr '21
Just took time to read and digest. Extract from the topic "don't take loan to buy liability" so rich and mind blowing. God bless and continue to uphold crestway. Please keep on the good work.
princesamtee 04 Apr '21
You don't live on a single source of income, you invest to create alternate sources
feargod 04 Apr '21
Nice topic
julies 04 Apr '21
Nice one crest way
markphil 03 Apr '21
Crest way can be trusted
chosenboy 03 Apr '21
Save to invest. Very true
mkumz01 03 Apr '21
Crest way has come to eradicate poverty.
pantheon 03 Apr '21
This is nice piece, weldone
olanite11 03 Apr '21
Key to wealth financial intelligent
stevoo 03 Apr '21
Indeed crestway trade is example of financial intelligence.
pedromartine 03 Apr '21
Good write-up
pfountain 03 Apr '21
Nice one... Eye opening
nafsy 03 Apr '21
A must read for anyone that wants to be wealthy in life
ruqyatu 03 Apr '21
Very educative
nafsy 03 Apr '21
Great Article
kenhinde 03 Apr '21
Love this article, Keep moving Crestway trade, You valid.
kenhinde 03 Apr '21
Love this article, Keep moving Crestway trade, You valid.
parckadity 03 Apr '21
Crest way too sweet e b like like albino wen born normal pikin
adline 03 Apr '21
So much learning a lot from this
97242835gc 03 Apr '21
Yes, financial intelligence is key to wealth. Not taking loan to do party, people go chop and go
eotalabi_0704 03 Apr '21
I really learn from this, crestway forward ever.
pantheon 03 Apr '21
This is so true....nice
saunobele 03 Apr '21
This is good teaching. Keep it on
ayakaterver01 03 Apr '21
Crestway trade is the place where dreams come true.
necessity 03 Apr '21
Interesting article. I learnt alot
jonathanchama 03 Apr '21
It's good to be financially literate
bolurepublic 03 Apr '21
Well said...
dareakins 03 Apr '21
CrestWay up the ladder daily
xcellent 03 Apr '21
Thank you crestway trade for the lecture
omolejerome 03 Apr '21
This is very good article about financial intelligence, however, I will recommend a book titled 'school of money' .
manash17 03 Apr '21
Wisdom for the wise, Crestway...
ogugua 03 Apr '21
Very educative
allualumo 03 Apr '21
Crestway all the way
aliwa 03 Apr '21
Money advice
thesecondson 03 Apr '21
Money control
tosyn 03 Apr '21
Be financially wise
chalice2020 03 Apr '21
This article is so educative
ajuluchukwu 03 Apr '21
I love this
shwarji1103 03 Apr '21
What a great article.... Financial intelligence a sure way to greater wealth
iykezcul 03 Apr '21
Nice! always on point.
wesleyjohnson45 03 Apr '21
We move together always.
ifeoluwa 03 Apr '21
Nice. We are in this together.
pantheon 03 Apr '21
Nice one, crestway all the way
evedyne 03 Apr '21
I love this article many people need to hear this i swear
samsono 03 Apr '21
Well fabricated and insightful. To say also, always looking to buy your way out of problems is financial jeopardy, rather you can be the solution to the problem as others may be facing the same issues finance is in men.. God bless Crestway.
vychthur 03 Apr '21
Crestway all the way
nwakomzy 03 Apr '21
Nice education
amodumujeeb 03 Apr '21
I agree with u that Financial intelligence is of outmost important than the amount earned...thank u CrestwayTrade for opening my eye more
yinklos 03 Apr '21
Crest trade best investment company
ijebs 03 Apr '21
Invest in one’s self...
aliwa 03 Apr '21
Crestway all the way
rosysexy19 03 Apr '21
adebiyi 03 Apr '21
Buying what you need, and not what you what... word....
valentine1413 03 Apr '21
Very Educative. Great
adebayo 03 Apr '21
Nice evaluation
emmanuel 03 Apr '21
Very insightful! I could also add that, the first step to become financially free is to seek after financial intelligence by all means. It worst when you have the money and you dont know what to use it for. Seek for the knowledge. Crestway I love you gan!
umoh 03 Apr '21
Financial intelligence is the key to success.
ofure 03 Apr '21
Getting better day by day.
jwealth 03 Apr '21
I love Crestway
michael95 03 Apr '21
Good article!
op3y3mi 03 Apr '21
Thumbs up!
awoniyi567 03 Apr '21
Crestway is the leading trade.
awoniyi567 03 Apr '21
Crestway is the leading trade
oladiti 03 Apr '21
Thanks for the actionable tips. Good article ????????
coppy91 03 Apr '21
Crestway trade u re good to go
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