Does Worrying About Money Make You Less Smart?

Perhaps we should not worry about money?

It is easier said than done, of course. When you haven’t got food to eat, or money to pay your mortgage, to send the children to school, and everything else, you cannot think straight.

It goes to back to money and the lack of it. According to a study, there seems to be an effect on one’s intellectual capacity, and this is something I can relate to and understand. I grew up seeing my parents hardly making ends meet, and I can only imagine how hard it must have been for them. I know how it is to be hungry, and I know how it is to have a little something and be satisfied in between. In short, I know poverty.

This experience always brings me to my toes and highly motivates me to work harder. Don’t get me wrong. I am enjoying life and doing what I want but I haven’t forgotten how it was before.

So, from a single point of view, even without a study to prove it, worrying about money does take a toll on a person. Instead of being smart and making intellectual decisions, the mind seems clouded and not able to think rationally.

The takeaway from this is to work hard until you have enough and learn to prioritize what really matters most in life. We need money, yes, but it is not everything there is.

To learn more about the study, read on below.

Comments welcome.

How Money Worries Make Us Less Intelligent

“Because we are preoccupied by scarcity, because our minds constantly return to it, we placed less attention to the rest of life. This is more than a metaphor. We can directly measure mental capacity or, as we call it, bandwidth. We can measure fluid intelligence, a key resource that affects how we process information and make decisions. We can measure executive control, a key resource that affects how impulsively we behave.

“We find that scarcity reduces all these components of bandwidth—it makes us less insightful, less forward-thinking, less controlled. And these effects are large. Being poor, for example, reduces a person’s cognitive capacity more than going one full night without sleep. It is not that the poor have less bandwidth as individuals. Rather, it is that the experience of poverty reduces anyone’s bandwidth.”

–by Annie Murphy Paul

To read the full text, please go to Linked In Pulse.