Page 42 - Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money
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intelligence is the most important intelligence, it does affect everything that
is important.
Not Everyone Needs Financial Intelligence
If you are fortunate enough to have inherited a fortune, you do not need
much financial intelligence—as long as you hire people who do. If your
plan is to marry for money, again, you do not need much financial
intelligence. Or if you were born talented, and the world showers you with
money at an early age, you do not need much financial intelligence—unless
you’re MC Hammer.
Also, you don’t need much financial intelligence if your plan is to work
for the government and receive a pension for life, or if you work for an old
Industrial Age company like General Motors that still has a defined benefit
pension plan that will pay you a paycheck and medical benefits for life.
If you are like most people, you will need some financial intelligence to
survive in today’s world, even if your plan is to live on Social Security and
Medicare. In fact, you may need a lot of financial savvy if your plan is to
live on such a small amount of money.
Who Needs the Most Financial IQ?
When we examine the CASHFLOW Quadrant pictured below, it will
become easier to understand who needs the most financial IQ.
