New research shows that nicer people are likely to be poorer than people who are not so nice. Researchers looked how the personalities different people affected how rich or well they were. The researchers found that people a nice, warm personality were worse off financially than people who were more selfish. Kinder people found it more difficult to look their money. Researcher Dr Joe Gladstone said this was because the "agreeableness" people who were kinder, more trusting and more caring. He said: "We find that agreeableness is associated various [signs] financial hardship, including lower savings, higher debt and higher default rates."
The researchers looked data different sources, including two online surveys taken almost 4,000 participants. The data included answers to questions people's financial situation, how people got debt, and people's attitude money. They compared this data surveys in which almost 5,000 people answered questions their personality and their agreeableness. The researchers said agreeable people seemed to care less money and so did not look after or manage their money wisely. Researcher Sandra Matz said that being kind and trusting had "financial costs". She wanted to better understand, "why nice guys seem to finish last".
