Financial Intelligence The IQ of minorities in America
Nature of FININT Statement of the Problem Minorities fail to educate themselves in financial intelligence
Financial iq in life Children College Students Working Class Seniors
“But, I need it!!!!!”
College loans + noodles = Broke and Hungry
Oh Boy……
Finally!!!
What is financial intelligence?? Financial Intelligence is the ability to understand how money works in the world. How to earn it How to invest it How to donate it
Be rational 43.1 Million Americans live in poverty 13.5 of the United States struggle in life and in finances Over 67 million people receive some form of government aid
“land of opportunity”?? But….. In American you can Be your own boss Become rich Live long and multiply But….. We won’t give you the secret to staying out of poverty or how to use our system to benefit you.
The tough questions Are minorities stuck in the past when it comes to living their lives? Are we really that bad when it comes to the intelligence of money? Are our minds open to learning a new way of looking at money?
Supporting Data Surveys collected from Face to Face surveys and from online at Survey Monkey.
Please Hold…………
Data Analysis Understanding Credit Scores How the sexes view Credit Scores Characteristics of Financially Successful people?
From the Collected Data What do you consider an excellent credit score Responses Frequency Percentage 700-850 45 45% 500-650 10 10% 1000-1500 600-750 21 21% I do not know 14 14%
From the collected data
From the collected data
Better yourself then teach someone else! conclusion Better yourself then teach someone else!