Breaking: Being Smart Doesn’t Make You Rich

Having a high IQ isn’t money in the bank, according to new research that shows smarter doesn’t necessarily mean richer.

A nationwide study shows people of below average and average intelligence are just as wealthy as those in similar circumstances with higher IQs.

In fact, researchers say the highly intelligent may be more prone to financial troubles.

WebMD

2 thoughts on “Breaking: Being Smart Doesn’t Make You Rich”

Debby says:

April 25, 2007 at 1:30 pm

Well, that explains why I’ve never had much money!
NewMexiKen says:

April 25, 2007 at 5:14 pm

Update: More on this via TierneyLab:

“Your IQ has really no relationship to your wealth,” says Jay Zagorsky of Ohio State University, the author of the paper. It’s based on surveys of more than 7,000 Americans now in their 40s who have been interviewed repeatedly since 1979. Previous researchers have found that IQ correlates with income — each extra point of IQ is worth between $200 and $600 in annual income — but this study finds no strong relationship between IQ and total wealth. Mr. Zagorsky isn’t sure why, although he suggests that smart people aren’t saving as much.

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