These indicators can be measured through various methods, such as self-assessment surveys, quizzes, financial literacy tests, and financial coaching sessions. It is important to note that financial intelligence is not a fixed trait, but can be developed and improved through education and practice.

Financial intelligence can be measured in several ways:

• Financial literacy tests: There are standardized tests that measure knowledge of financial concepts like interest rates, inflation, diversification, etc. Examples include the Financial Literacy Assessment Test (FLAT) and the Standard & Poor's Global Financial Literacy Survey. High scores on these tests indicate higher financial intelligence.

• Understanding of key financial ratios: Measuring someone's understanding of important financial ratios like debt-to-income ratio, ROI, asset allocation, etc. is a good indicator of financial IQ. The ability to calculate and interpret these ratios is a key skill.

• Achievement of long-term financial goals: Someone who is adept at setting financial goals, developing plans to achieve them and actually meeting key life milestones like saving for retirement, college education, home ownership, etc. demonstrates strong financial intelligence.

• Making optimal financial decisions: Financial intelligence involves making prudent financial choices, especially under duress. Someone who can minimize financial mistakes, reduce debt, invest wisely for the best returns, etc. especially during tough times exhibits a high level of financial IQ.

• Breadth of financial knowledge: A financially intelligent person has a wide range of knowledge spanning personal finance topics like banking, investing, insurance, taxes, estate planning, etc. They understand how these areas interconnect and apply this knowledge for their benefit.

• Adaptability to changes: Financially intelligent individuals quickly adapt to changes in the financial landscape. They are keenly aware of trends that could impact their finances and modify their decisions accordingly. This adaptability is a key characteristic of high financial IQ.

• Seeking out help when needed: Financially intelligent people know when to seek professional help for financial matters that are beyond their knowledge or expertise. Knowing one's limitations and when to tap into additional resources is a sign of strong financial intelligence.

So in summary, financial intelligence can be measured through a combination of knowledge, skills, abilities, achievements and behaviors. Multiple metrics may provide a more comprehensive assessment of someone's financial IQ.

Banking literacy

book-keeping skills

financial management skills