Financial Quotient (FQ), sometimes also referred as Financial Intelligence (FI), Financial Intelligence Quotient (FiQ) or Financial IQ, is the ability to obtain and manage one's wealth by understanding how money works. Many people believe it is the key to achieving one's financial success. Like Emotional Quotient (EQ), FQ derived its name from IQ (Intelligence Quotient). Many people also consider IQ, EQ, and FQ equally important to one's quality of life.