Out of the five parts that make up emotional intelligence, Self-Consciousness is the first part. It’s the capability to know which emotions you’re feeling and why. Whenever you understand your emotions, it’s easier for you to recognize and control your feelings and prevent your emotions from ruling you. Additionally you become more confident as you don’t let your feelings get out of control.

Then there’s Self-Regulation, which is the capability to control your feelings and impulses and select the emotions that you would like to experience rather than being the victim of whatever feelings arise. When you’re able to manage your psychological state, it becomes much easier for you to think before you act and this prevents you from making impulsive and careless decisions.

“When awareness is brought to an emotion, power is brought to your life.” – Tara Meyer Robson

The third part is Motivation. This is about utilizing your emotions to stay positive, optimistic and persistent. When you have a high level of emotional intelligence you have a tendency to be very motivated, productive and efficient in everything you do. You also utilize your emotions positively to take the correct actions to persist and reach your targets even in the face of significant adversity or difficulty.

Empathy and Social Skills are the last two parts, but mastering those first three parts will certainly get you on the road to financial freedom. If you feel like you don’t have what it takes to be emotionally intelligent, don’t panic! Because just as academic intelligence can be developed, so can emotional intelligence. Like most things, it takes time to develop, so be patient and enjoy the journey!

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