Financial Intelligence
Financial intelligence refers to the ability to understand and manage financial resources effectively. It involves skills such as budgeting, investing, and analyzing financial statements. Individuals with strong financial intelligence can make informed decisions about spending, saving, and investing, which can lead to better financial stability and growth.
Developing financial intelligence often includes learning about concepts like cash flow, debt management, and investment strategies. This knowledge helps people navigate their financial lives, enabling them to set and achieve financial goals, whether it's buying a home, saving for retirement, or funding education.