Attributes of financial intelligence-by Akwa Ibom State Governor.

16 Oct Attributes of financial intelligence-by Akwa Ibom State Governor.

The Scripture says “you are the salt of the earth. But if the salt loses its saltiness, how can it be made salty again?.”

🎯To remain the salt of earth and the light of the world in times like this, we need financial intelligence, emotional intelligence, and social intelligence.

🎯The Bible abounds with teachings in these three:

💥Emotional intelligence: Is Jesus hanging on the cross, and praying: “Father, forgive them for they know not what they do.”

💥Social intelligence: Is the Good Samaritan in the Bible – Stopping to give the injured man a helping hand.

💥Financial intelligence: Is found in the parable of the talents and the servants who invested wisely.

🎯Financial Intelligence is important because it helps you to secure a place in today’s business world and in life generally.

🎯The Bible says that: “Money answereth all things.”But we should read this along with the Scripture that says: “The love of money is the root of all evil.”

💥We should not be motivated by the love of money, but by thought of the good we can use money to do in our society.

🎯Financial Intelligence constitutes the knowledge, the skills of understanding finance and accounting principles.

💥It teaches you how money is applied profitably and diligently.

💥It includes the techniques and approaches of expending assigned funds . For example, salaries, allowances, profit from businesses and entrepreneur endeavour or even gifts and inheritances.

💥At the corporate level, financial intelligence emerged as best practice and core competence principle for improved financial results, as well as increased employee’s moral and reduced employee’s turnover.

🎯Certain attitudes and traits are common to the financially intelligent youth, intelligent person, and intelligent adult no matter your status in life.

🎯Financially intelligent people are action oriented; they create what I call comprehensive and workable financial plans that they may implement and manage diligently.

🎯Financially intelligent people have a saving mentality; they utilize their savings for investment purpose and compound their money for long-term gains.

💥Joseph in the Bible was financially intelligent and through saving, he saved Egypt from famine.

🎯Financially intelligent people shy away from liabilities; when they buy, they search for the best at lowest prices before making a final decision.

🎯Financially Intelligent people set short, medium and long-term goals. You can’t live a life purposefully without setting goals to motivate you.

🎯Financially Intelligent people regularly seek professional advice to multiply their wealth. How we mitigate our risk will determine who is more successful than the rest of us.

🎯Financially Intelligent people absorb, imbibe and adapt the characteristics, habits and rituals of those who had made successes of such practices.

🎯Financially Intelligent people never stop learning about money.

💥Don’t let anybody deceive you even the Bible says so; when God wanted to give Solomon wisdom, God gave him wisdom and also gave him money.

– From a sermon by Udom Emmanuel, Executive Governor of Akwa Ibom State @ the RCCG National Young Adult And Youth Affairs Virtual Convention 2020 (Sermon transcribed by the Discovery Media Crew)