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QUOTATION
“Make sure you have financial intelligence… I don’t care if you have money or you don’t have money… you need to go and study finance no matter what.” (Daymond John)
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INTERPRETATION
“Daymond John is emphasizing the importance of financial literacy, which is different from just having money. Here’s a breakdown of what he might mean:
- Financial intelligence isn’t just about wealth: It’s about understanding financial concepts like budgeting, saving, investing, and debt. This knowledge empowers you to make informed decisions with your money, regardless of how much you have.
- Education is key: Even if you don’t have a lot of money now, learning about finances can help you manage it better and grow it over time.
In short, financial intelligence is a tool that can help you achieve your financial goals.” (Gemini ai)
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