Saturday, March 8, 2008

Does money make you mean?


Money may not be the root of all evil, but studies reveal that those with money on their minds tend to be indifferent to helping or even interacting with others.

We all know that money can't buy love or happiness. But could just thinking about money actually make you mean?

A new behavioral study finds that folks with money on their minds are less helpful, less considerate and less willing to ask for assistance or engage with others than those who have not been "preconditioned" to money. On the bright side, the money-minded tend to be more independent and focused, and they tend to work longer on a task before asking for help.

The nine experiments in the study, published as "The Psychological Consequences of Money" in a recent issue of Science Magazine, used random samples of students and nonstudents at the University of Minnesota, Florida State University and the University of British Columbia.


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