Emotional intelligence refers to the ability to recognize and manage one's own emotions and the emotions of others. It is argued that emotional intelligence may be more important than IQ, as IQ accounts for only 20% of success in life while emotional intelligence accounts for 80%. Emotional intelligence includes self-awareness of one's emotions and their impact, self-control and stress management, empathy for others, and social skills such as conflict resolution. Developing emotional intelligence can help one lead a happier and more fulfilling life.