Wednesday, April 25, 2007

Smart people earn more but no better keeping it


Link

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.