Found "success formula" that helps to get rich

Found success formula that helps to get rich
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Scientists have determined what plays a decisive role in achieving financial success

A group of specialists from Great Britain and Norway conducted a large-scale scientific study to determine how personality characteristics affect a person's income level. The results showed that certain character traits contribute to financial prosperity, and this does not depend on gender, education level, or place of residence.

This is reported on the Wiley information resource.

Research methodology

As part of the experiment, more than three thousand people aged thirty-one to fifty were surveyed. All participants were asked to take a test called the "Big Five," which allows determining the main personality traits. In addition, respondents provided detailed information about their income level, savings, investments, as well as data on age, education level, and place of residence.

What the "Big Five" test represents

The study relied on the assessment of five basic character traits:

Extraversion - tendency to actively interact with others, sociability, initiative;
Agreeableness - ability to empathize with others, desire for cooperation and harmonious relationships;
Conscientiousness - ability to plan, high organization, responsibility, and self-discipline;
Neuroticism - emotional instability, tendency to anxiety and stress reactions;
Openness to new experiences - curiosity, creativity, receptivity to changes and new ideas.

Who more often achieves high incomes

After analyzing the data obtained, researchers concluded that the most significant trait contributing to financial success is conscientiousness. People with a high degree of organization and self-discipline more often achieve good results in the financial sphere, even if they do not have higher education.

Extraversion ranked second in importance. Active, communicative individuals more easily establish business contacts and quickly find new opportunities for career and financial growth. However, researchers noted that sociability alone is not a guarantee of high income.

Factor that hinders achieving financial stability

The most serious obstacle to financial well-being turned out to be a high level of neuroticism. People prone to anxiety and emotional instability more often experience difficulties in making important decisions, building a professional career, and managing money.

Main conclusions

The authors of the study emphasized that a person's financial position practically does not depend on their gender and is only weakly related to social background. The main factors determining financial well-being remain personal discipline, the ability to set goals, and think strategically. These qualities allow not only earning money but also managing it wisely. At the same time, impulsivity, insecurity, and increased anxiety can significantly complicate the path to success.

This news edited with AI

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