The Financial Intelligence Quotient (FIQ) is a metric that assesses your approach to your personal finances and how prepared you are for a financial shock. It is based on a number of factors, including your credit score, debt load, savings, and income.

A lower FIQ score suggests that you may struggle to cope with some financial shocks, such as a job loss or medical emergency. A higher score may indicate that you are more resilient and better able to weather financial storms.

Your FIQ score can have a significant impact on your ability to rent an apartment. Many landlords use credit scores as a screening tool, and those with lower scores may be less likely to be approved for a lease.

There are a number of things you can do to improve your FIQ score and increase your chances of getting approved for a rental property. These include:

• Keeping your debt load low

• Building up your savings

• Increasing your income

• And many MORE!

If you have a low FIQ score, don't despair. There are steps you can take to improve it. By following the tips above, you can increase your chances of getting approved for the rental property of your dreams.

For more info, reach out to your FiQ Adviser.