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Study: Wealthy People Are Mean, Entitled, and Narcissistic

Tom by Tom
January 29, 2023
in Insurance, Investing, Taxes
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A recent study has found that wealthy individuals are more likely to exhibit traits such as meanness, entitlement, and narcissism.

The study, which was conducted by researchers at the University of California, Berkeley, analyzed data from over 500 participants and found that those with higher levels of wealth were more likely to engage in selfish and self-serving behavior.

One of the main findings of the study is that rich people ignore the needs and concerns of others to protect their own interests.

For example they are more likely to engage in dishonest behavior than to take a fair amount of queue resources.

The study also found that wealthy people are more likely to feel entitled to special treatment or privileges because of their wealth.

This title is often expressed in a sense of superiority and the belief that one is more valuable than others.

Additionally the study found that wealthy people tend to be more narcissistic or self-absorbed and have a strong focus on their own needs and wants.

They appear to prioritize the goals and interests of others and lack empathy for others.

While the findings of this study are certainly important it should be noted that not all wealthy individuals exhibit these characteristics.

However studies show that there may be a link between wealth and some negative personality traits and it is worth considering how wealth can affect our behavior and attitudes.

The study did not find a direct correlation between wealth and wealth. Negative personality traits. In other words studies dont prove that being rich automatically leads to meanness and narcissism.

Instead the researchers suggest that other factors such as preexisting personality traits or social and cultural influences may contribute to the observed link between wealth and negative personality traits.

That being said, the study does highlight the potential pitfalls of wealth, and it serves as a reminder that money does not guarantee happiness or fulfillment.

In fact, research has shown that beyond a certain point, additional wealth may not bring much additional happiness.

Therefore, it’s important to consider the broader impacts and implications of our financial choices and to strive for a balanced and fulfilling life, regardless of our wealth.

In conclusion, the study by researchers at the University of California, Berkeley found that wealthy individuals may be more likely to exhibit traits such as meanness, entitlement, and narcissism.

While the study did not prove a direct causal relationship between wealth and these traits, it does suggest that there may be a link and highlights the potential pitfalls of wealth.

It’s important to consider the broader impacts and implications of our financial choices and to strive for a balanced and fulfilling life, regardless of our wealth.

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  • Best Tips: How to Buy a Family Home Without the Stress
    • 11 Investing Tips You Wish Could Tell Your Younger Self
    • 2017 Federal Income Tax Brackets and Marginal Rates
    • 4 Reasons Why You Should Read Your Bill Every Month
    • 4 Times When Bundling Insurance Doesn’t Make Sense
    • 4 Ways to Find Income While Waiting for Full Retirement Age
    • 5 Surefire Ways to Maintain a Good Credit Score in Retirement
    • A New Bank of America Perk: Free Museum Passes
    • Affordable Health Insurance Tips for the Self Employed
    • Best Tips: How Much You Should Spend in Retirement
    • Best Tips: Things You Can Learn From Your Tax Return
    • Here’s How Your Taxes Will Change After You Have a Kid
    • How an Exit Strategy Can Make You a Better Investor
    • How Emergency Medical Coverage Could Save Your Vacation
    • How to Do a Reconnaissance Trip Before Retiring Overseas
    • How to Prepare Your Money for the Coming Economic Slowdown
    • My Business Bank Accounts: Checking and Savings
    • Need Business Credit? Build Your Personal Credit First
    • Should You Stop Saving and Investing When Paying Off Debt?
    • Study: Wealthy People Are Mean, Entitled, and Narcissistic
    • The Easiest Way to Invest in World’s Biggest Companies
    • The Secret to Successful Investing Is Trusting Process
    • Three of the Toughest Decisions You’ll Face in Retirement
    • Want Your Investments Better? Stop Watching the News
    • What You Need to Know About Canceled Debt and Taxes
    • Why You Should Use a Personal Loan to Pay Down Debt
    • Would You Rather Receive a Refund or Owe More Taxes?

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