5-speed listening (Nice People - Level 1)

Nicer people are poorer, says study


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READING:

Research shows that nicer people are poorer. Researchers looked at how our personalities affected how rich we were. They said nicer people were financially worse off than selfish people. Kinder people found it more difficult to look after their money. A researcher said this was because kinder people were more "agreeable," more trusting and more caring. Agreeableness was linked to lower savings, higher debt, and difficulty in paying back debts.

Researchers looked at data from different online surveys taken by 9,000 people. The data was about people's financial situations, their debt, and their feelings about money. Researchers compared this data with surveys about personality and agreeableness. Agreeable people seemed to care less about money and so did not look after it. A researcher said being kind had "financial costs". She wanted to understand, "why nice guys seem to finish last".

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