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Tuesday, May 22, 2007

Factors that determine wealth

The Yahoo/Fool.com.com article discusses the factors that determine how wealthy you'll become in life. Based on results of a study cited in the article, surprisingly those factors are not education, intelligence, skills, etc. Rather as per the Ohio State economics professor Jay Zagorsky, they are"Staying married, not getting divorced, thinking about savings."

Reason that higher intelligence does not automatically result in greater wealth is because such people tend to take more risk, spend more, max out credit cards and pay bills late.

For complete article, check out:

Yahoo/Fool.com: You Don't Have to Be Einstein to Get Rich

posted by Ruby @ 10:59 AM

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