Emotional intelligence is the ability of an individual to understand and recognize their own emotions, as well as the emotions of others, and to manage and adequately control them in order to solve problems in the best possible way. Emotional intelligence creates the foundations for developing and improving skills. It is very important to emphasize that the emotional intelligence can be learned and improved because it represents ultimately habitual, belief-based reactions. Human brain develops and remembers the most during childhood, hence childhood is the foundation for successfully developed emotional intelligence. Therefore, it is important to instill in the child emotional habits that will help him and serve him during every period in his life. The components of emotional intelligence are: the ability to diagnose and recognize own emotions, the ability to control own emotions, the ability to diagnose and recognize the emotions of others, and the ability to respond appropriately to emotional allusions. Understanding the components of emotional intelligence enables the individual to see their strengths as well as their weaknesses which can help them be successful in their life. Emotional intelligence has become an important part of business life as well. More and more employers are recognizing the benefits of emotionally mature employees. General intelligence is not the only key to success, as has long been thought. General intelligence cannot give its full potential without emotional, complementing each other. People with high emotional intelligence can better cope with the challenges life usually puts in front of them.