by The Studio of Mental Health and Psychology
Matching the prototypical personality profile of the rich may contribute to a higher chance of becoming rich.
A new study shows that there is a critical difference between the personality traits of the rich and the rest of the people.
Lower neuroticism, higher risk tolerance, extraversion, openness and conscientiousness mark the prototypical personality profile of the rich.
Interestingly enough, this prototypical profile applies to self-made wealthy individuals but not to rich inheritors.
Compared to self-mades, inheritors are more neurotic and far more reluctant to take risks.
The presented implications are encouraging: this unique set of personality traits (lower neuroticism, higher risk tolerance, extraversion, openness and conscientiousness) may be a powerful force in the build-up of wealth (rather than an outcome thereof).
While having these traits does not automatically lead to financial success, it certainly contributes to a higher chance of becoming wealthier.
The Studio of Mental Health and Psychology 