Comments on: Smarter People Make More Money, Save Less http://www.bargaineering.com/articles/smarter-people-make-more-money-save-less.html personal finance blog with anecdotes, advice and commentary. Sun, 08 Nov 2009 15:56:26 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Mario Salcedo http://www.bargaineering.com/articles/smarter-people-make-more-money-save-less.html/comment-page-1#comment-96526 Mario Salcedo Wed, 23 May 2007 12:21:32 +0000 http://www.bargaineering.com/articles/smarter-people-make-more-money-save-less.html#comment-96526 Be careful Be careful

]]> By: MoneyChangesThings http://www.bargaineering.com/articles/smarter-people-make-more-money-save-less.html/comment-page-1#comment-96346 MoneyChangesThings Tue, 22 May 2007 19:27:51 +0000 http://www.bargaineering.com/articles/smarter-people-make-more-money-save-less.html#comment-96346 In many areas of life those extra IQ points don't help much. We all know genuises who are lacking in common sense. Also think of the gifted students who never develop good work habits and discipline because they can wing it. Probably wealth accumulation is more about self-discipline and work ethic than winging it! Fields like law and medicine, which attract the high IQ crowd, are in the end relatively fixed incomes, unlike the business world, where the sky is the limit! In many areas of life those extra IQ points don’t help much. We all know genuises who are lacking in common sense.
Also think of the gifted students who never develop good work habits and discipline because they can wing it. Probably wealth accumulation is more about self-discipline and work ethic than winging it!
Fields like law and medicine, which attract the high IQ crowd, are in the end relatively fixed incomes, unlike the business world, where the sky is the limit!

]]> By: plonkee http://www.bargaineering.com/articles/smarter-people-make-more-money-save-less.html/comment-page-1#comment-96321 plonkee Tue, 22 May 2007 17:06:28 +0000 http://www.bargaineering.com/articles/smarter-people-make-more-money-save-less.html#comment-96321 I would never have thought that smarter people were better at holding on to money. I think its willpower thats required in the first instance, and I never expected that to be related to IQ. I would never have thought that smarter people were better at holding on to money.

I think its willpower thats required in the first instance, and I never expected that to be related to IQ.

]]> By: KMC http://www.bargaineering.com/articles/smarter-people-make-more-money-save-less.html/comment-page-1#comment-96261 KMC Tue, 22 May 2007 12:07:53 +0000 http://www.bargaineering.com/articles/smarter-people-make-more-money-save-less.html#comment-96261 My guess on why smarter people aren't richer is (1) overconfidence in their knowledge and investing ability, and (2) being absorbed in their vocation and disinterested in personal finance. My guess on why smarter people aren’t richer is (1) overconfidence in their knowledge and investing ability, and (2) being absorbed in their vocation and disinterested in personal finance.

]]> By: Marshall Middle http://www.bargaineering.com/articles/smarter-people-make-more-money-save-less.html/comment-page-1#comment-96136 Marshall Middle Tue, 22 May 2007 01:11:25 +0000 http://www.bargaineering.com/articles/smarter-people-make-more-money-save-less.html#comment-96136 That must explain why I'm not rich. I'm too smart. That must explain why I’m not rich. I’m too smart.

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