So what should you do if you want to start to improve your financial intelligence? Well, reading is a good start.
Of course, there are different ways people apply to learn about different topics, and certainly reading is the easiest way to do so.
The information is already available online, and can be easily accesed for free.
There are several courses and private institutions that offer personal finance courses, but honestly, at first it is not really required to spend and do all those things. For sure they help, but you can start easily watching Youtube videos about personal finances, or reading blogs, such as Dineromoney.net.
Reading has been for centuries the easiest method to learn and absorb knowledge, but also as mentioned, finances are applied, therefore you have to put in practice what you read.
Budgeting is one method that can help you to develop your financial skills.
Start by setting up a list of your income streams and your expenses. This way you can easily visualize in paper or in Excel, how much are you expecting to earn and spend during a day, month and a year.
From there you can start deciding what can you do to have more income streams and also which expenses are not really neccesary.
As a year passes and you had a record on your numbers, the next year will be an opportunity to keep improving your finances and compare it with last one. This way you will be optimizing yourself and will start thinking on what has worked, what not and what else you can start for a new income stream.
Patience is key, and also the financial intelligence requires time to be developed.