Money Studies: Are they useful in Getting Rich?

Money Studies: Are they useful in Getting Rich?

 

Where is that special secret that will make you rich and wealthy once and for all? This question is often speculated on both in the Internet and the real world. Trainings, books, coachers promising readers that special knowledge are flourishing. Let’s turn to figures and findings related to money so that to know pick the wheat from the chaff, and whether data received can help ordinary folks to cure the financial conditions.

  • A few years ago the Pew Research Center made a study of interdependences between an income level and a religious group. They found out that 44% American Jews earn $100 000 and more per year. One may think that this figure strengthens the perception of the Jews as a rich nation, or increases any jewish dating site traffic. Though, the Pew Research Center has other explanation. It is not brand-new. More than that, it proves the words of our parents who were not tired of emphasizing us in our childhood to study hard. Yes, that is education. They relate high earnings to good education, not to the religion. And now there is one more basis for believing that education is a powerful factor for improving our well-being.

 

  • Getting rich when you have family members and children to take care of is often challenging. And it gets more challenging when money conflicts regularly take place in marriage. Researches of Brigham Young University and Kansas State University decided to explore that issue in-depth. Their findings are really amazing since they showed that that was not the level income that contributed to the marital conflict based on money. That is perception. If a husband thinks his wife spends too much, and a wife whose husband perceives her as a great spender, then these perception of both sides are enough conditions of regular financial conflicts. Note, that the level of income does not play a role; it is a matter of perception. That’s why, if future spouses have not discussed a money matter before marriage, they have a high risk of financial conflicts, and any deep fissure in marriage hardly contributes to getting rich.

 

  • In the hard pursuit of money it seems that once you get rich, you’ll never be unhappy and miserable, that only then you can enjoy life to the fullest. Though, not always money brings positive changes. Being rich may have a negative impact too, particularly, on our behavior. Watch here the brilliant Paul Piff’s talk. The study deserving a special attention was held by Paul in California. It revealed that drivers of expensive cars like to ignore people crossing the road. The more expensive car was, the weaker their intention to follow the rule of stopping before pedestrians was. There are also studies showing that rich people are less prone to charity.  

That is not the final list of money-related studies. Scientists show their interest (and will keep on doing this) because money is a big part of people’s lives. They help us to understand our nature more, benefit more from their findings and be aware of possible consequences.

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