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Old 25-04-2007, 02:00 PM   #1 (permalink)
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Default Intelligence not linked to wealth: US study

Intelligence not linked to wealth: US study
Posted: 25 April 2007 0951 hrs




WASHINGTON (AFP) - Intelligence has nothing to do with wealth, according to a US study published Tuesday which found that people with below average smarts were just as wealthy as those with higher IQ scores.

"People don't become rich because they are smart," said Jay Zagorsky, research scientist at Ohio State University whose study appears in the Journal Intelligence.

The US Bureau of Labor Statistics survey included 7,403 Americans who have been interviewed repeatedly since 1979. Based on 2004 answers, people who are now in their mid-40s showed no link between brain- and earning-power.

"Your IQ has really no relationship to your wealth. And being very smart does not protect you from getting into financial difficulty," Zagorsky said.

The study confirmed previous research which has shown that smarter people tend to earn more money, but pointed out there is a difference between high pay and overall wealth.

"The average income difference between a person with an IQ score in the normal range (100) and someone in the top two percent of society (130) is currently between 6,000 and 18,500 dollars per year," it said.

"But when it came to total wealth and the likelihood of financial difficulties, people of below average and average intelligence did just fine when compared to the super-intelligent."

An irregular pattern of total wealth as well as financial distress levels -- such as maxed out credit cards, bankruptcy and missing bill payments -- emerged among the various degrees of intelligence, the study said.

The study measured intelligence based on scores from the US Armed Services Qualification Test, a general aptitude test used by the Department of Defense. - AFP/ra

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Old 25-04-2007, 02:41 PM   #2 (permalink)
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Default Re: Intelligence not linked to wealth: US study

:biggrin4: They are juz spending money to research on stuff that most ppl already know.

IQ was never linked to wealth.....its proven 100 years ago...


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Old 11-05-2007, 05:21 PM   #3 (permalink)
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Default Re: Intelligence not linked to wealth: US study

well, with money, u can get better education isn't it??
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Old 11-05-2007, 05:54 PM   #4 (permalink)
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Default Re: Intelligence not linked to wealth: US study

Quote:
Originally Posted by Ican
:biggrin4: They are juz spending money to research on stuff that most ppl already know.

IQ was never linked to wealth.....its proven 100 years ago...
proven 100 years ago? by who? :handsup:

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Originally Posted by saviour7
well, with money, u can get better education isn't it??
lol whats the link with the topic


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Old 11-05-2007, 08:24 PM   #5 (permalink)
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Default Re: Intelligence not linked to wealth: US study

lol...the research only concludes that although smarter people tend to earn more, they are at risk of being equally incompetent in managing their money...which is like general knowledge to most already.

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Old 12-05-2007, 01:28 AM   #6 (permalink)
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Default Re: Intelligence not linked to wealth: US study

erm think only those top scholar got high pay bah because they get good job in government section then they sure have no worries

those who study well but not yet for scholar is like always studying dead book theory bah when come real life they cant apply well enough bah they tend not to think flexible bah because of the book they keep study

think it is the richest always get richest because of investment all this bah

to fall in love is always easy
to start a relationship is always simple
to build it, is always tough
to maintain it, is 'better said than done'
to break off, is 'easier said than done'
to remain friends after u broke off, is never possible
to forget the memories is 'always doing but never succeeding'
to heal the pain within is hard and tough and never near simple
but one has to try to heal your own heart...
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Old 12-05-2007, 02:57 PM   #7 (permalink)
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Default Re: Intelligence not linked to wealth: US study

If you ask me, I'll link it with luck.


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