In fact, IQ tax is a very vivid abstract concept. As a financial planner, let me explain it to you. To put it bluntly, IQ tax is called low IQ tax by many people. In other words, you will spend more money because you lack judgment in the shopping process. These unnecessary expenses are called low IQ tax. Let me give you some examples:

First, for example, some people don't need a product at all, but they can't help but buy it when they go to the store, and then it's useless at all. The main money is actually equivalent to paying taxes to businesses.

Second, many people blindly enter the stock market or futures market without consulting or learning professional knowledge at all. They blindly speculate in stocks, and finally lose money, which is also a low IQ tax.

Third, house prices are rising every day, but many people have heard from experts that they will fall. Finally, I endured countless years and was forced to sell the house at a high price. This is also an unnecessary consumption and a low IQ tax.

Fourth, other people who like to follow the trend are basically people with low IQ tax. For example, they follow the trend of double eleven, follow the trend of Christmas, travel on National Day and spend on May Day. These are all blind consumption, that is, what kind of low IQ people you belong to, which is equivalent to paying a low IQ tax.

Based on the above, we can see that IQ tax is actually an abstract concept. As long as we carefully calculate our own funds and spend reasonably, your expenses will be wasted. Now that the economy is declining, we should cherish our own funds and control our own consumption.