Emotionally stable people are spendthrift

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If you are an emotionally stable person you are more likely to splurge on a holiday while people who are nervous and have a lower stress-threshold (higher neuroticism) spend less, finds an interesting study. The research suggests that personality traits are related to more specific spending behaviours, which should in turn impact the broad outcomes like long term financial goals. “We’ve known for a while that personality is related to what we call ‘broad outcomes:’ how much money you make or how happy you are or how long you live,”…

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