Updated: November 29, 2021
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What you’ll hear in this episode:
In this episode, we discussed the relationship of intelligence to a person’s ability to make money and become rich.
We talked about a study that tried to check if a higher IQ can lead to more wealth. Spoiler alert, the answer is NO.
Moreover, I also shared the stories of Earl and Gina, two people who serve as proof that financial success is not dependent on one’s ability to excel in school.
This episode is a must-hear for all those who think that investing is only for smart people.
Excerpts and Highlights:
Intelligence provides more earning power but not necessarily more accumulated wealth.
“There are some very smart people who get into financial difficulties. Even smart people don’t save.” –Jay Zagorsky
Works Cited and Related Sources:
- Zagorsky, Jay. “Do You Have To Be Smart To Be Rich?”. March 2007
- The Story of Earl Crawley
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[…] Check out the show notes for this episode here on my blog. […]