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Cant save You arent using brains left side |
LONDON: Saving for a rainy day? Well,
it all depends on which side of your brain you think with, says a new
study.
Researchers have found those who use the right side of the
brain — typically creative and impulsive types — have a carefree
"live for today" attitude, credit card debts and no savings, the Daily Mail
reported. But deeper thinkers, who use the left side of brain — careful
and logical types — are more comfortable managing their finances, the
study found.
Researchers at Hertfordshire University asked 500 adults
a brainteaser. They examined their answers and found that only one in three
people got the answer right. Most of these were "reflectors" — who think
with the left-side of the brain. Many of the people got the question wrong were
"intuitors", people who tend to use the right-side of the brain.
When
participants who gave the wrong answer were asked about their money, it was
found they had fewer savings, credit card debt and a lax attitude to money
management.
Lead researcher Karen Pine said: "Reactive people can't
suppress the first answer that springs to mind. They're the kind of people who
live for the moment and avoid putting effort into anything that doesn't bring
short-term gain."
The report of the study also showed 43% of
"intuitors" had been with the same bank since leaving school. For some, this was
30 years ago or longer. The study also revealed that almost one in four
reflectors had changed where they bank at least twice, while 43% of intuitors
had never changed bank. It also emerged twice as many intuitors than reflectors
pay off only the minimum on their credit cards.
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