Page 44 - Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money

for me was to simply get a high-paying job. As you know, there are many
people with high-paying jobs who have no money.

If you want to be an entrepreneur who builds a B quadrant business, or a
professional investor in the I quadrant, financial intelligence is everything.
For those in the B and I quadrants, financial intelligence is essential because
it’s the intelligence that gets you paid. In the B and I quadrants, the higher

your financial intelligence is, the higher your income will be.
Rich dad said to me, “You can be a successful doctor and be poor. You
can also be a successful schoolteacher and be poor. But you cannot be a
successful entrepreneur or investor and be poor. Success in the B and I

quadrants is measured in money. That is why financial intelligence is so
important.”

In Summary

After 1971, the dollar turned into a currency. In 1974, businesses stopped

paying employees a paycheck for life. As a result of these two major
changes, financial intelligence became more important than ever. While
financial intelligence is important for everyone, it’s even more important for
certain people, specifically those who plan on staking their professional

claims in the B and I quadrants.
One of the reasons our school systems do not teach students much about
money is because most schoolteachers operate from the E quadrant, and
thus our schools prepare people for the E and S quadrants. If you plan on

operating out of the B and I quadrants, then the five financial intelligences
are essential, and you won’t learn them in school.
In summary, the five financial IQs are:

1. Financial IQ #1: Making more money.
2. Financial IQ #2: Protecting your money.
3. Financial IQ #3: Budgeting your money.
4. Financial IQ #4: Leveraging your money.

5. Financial IQ #5: Improving your financial information.