Let me first explain what is meant by financial intelligence and then move to financial geniuses
Financial Intelligence:
Financial intelligence by definition means “Financial intelligence (FININT) is the gathering of information about the financial affairs of entities of interest, to understand their nature and capabilities, and predict their intentions”. Ok that’s right but let us understand it in a bit simpler way. So financial intelligence is not how much money you make it is the amount of money you keep and how hard that money is working for you.
Are You Financially intelligent:
Yes, you are financially intelligent IF the money you are making is buying you freedom happiness. By freedom I mean the freedom from the tensions of bills the bills of utility, health, education, your comfortable lifestyle I haven’t written luxurious, a comfortable life.
So if you are have freedom in form of less debts less bills to pay you are a financial intelligent. And you are not IF you are doing this at the cost of your health, your happiness, your dreams. If you are not enjoying the process and doing it you are not financially that intelligent.
Third World Problems:
Basically, the main problem of third world countries is that the people living there don’t have choices they don’t have opportunities to prove themselves to prove their financial intelligence. Their dreams, their wishes are buried in the pits of responsibilities. And our overcrowded countries have a hell a lot of head-to-head competition like imagine 200k applications for just 2k medical seats. Only 2 hospitals in area of half a million people and 150 private clinics in the same area having the doctor charging 100 times more than a public hospital. Waiting for three months to get the surgery dates due to heavily crowded hospitals. Countries under heavy debts rich ones living the best lives and poor ones suffering the worsts creating a contention between two classes and in that depressing environment who can think of excelling idea if any one does, he is given a shut-up call and forced to do job and to pay the bills he got in inheritance.
How to save our future:
Surely our future are our school going kids and the education system is producing a mass of robots build to work as slaves for money they are not mentally prepared how to deals with the future they are going to face the financial problems they are going to face believe me not even a single school is preparing the students for this harsh world. Where opportunities choices can be made by money by power.
I am sure half of our youth don’t even know about the revolution World is under the changes going to happen in World in near future. Most of them are unfortunately unaware of the digital currency the block chain technology its scope and its concept.
So basically, our countries are not financially intelligent because they couldn’t cope with the changing world and still are not. The old minds in the deciding seats are not able to cope up with the market demands that’s why crypto Is still illegal in most of underdeveloped countries. Hope we as public become intelligent enough to cope with modern problems with modern solutions.