Financial Intelligence for Parents and Children: Financial Intelligence Quotient Test (FIFPAC)

The purpose of the Financial Intelligence Quotient (FQ) Test is to help you understand the soundness of your financial decision. The simple scoring system mirrors our belief in nurturing sound financial judgment and behavior. Complicated knowledge and education eventually comes down to making that ONE decision needed for any financial situation. So check out your level from below: * Score = 5 Superior If one intuitively believe his/her score is 5, he/she has confidence in making the right decision in every aspect of financial life. * Score = 4 Good If one intuitively believe his/her score is 4, he/she has been taking the right approach in making the financial decision in life. * Score = 3 Neutral If one intuitively believe his/her score is 3, he/she is able to make a judgment but now sure of making the right decision related to financial life. * Score = 2 Deficient If one intuitively believe his/her score is 2, he/she has been somehow taking wrong path when there is decision to be made. Need a make-up class. * Score = 1 Poor If one intuitively believe his/her score is 1, he/she is a whatever type when it’s time to make a financial decision. Need one-one coaching development.

Coauthor Xinyi Cindy Yu, CPA, CFP, MBA, MS with more than twenty years of experience in finance, risk and decision management for corporation and individuals. Coauthor Hong Zhang, PhD, is an associate professor at Rowan University with fifteen years of experience teaching and guiding younger generations.