Here’s a mind twist. Greed may be bad for your finances.
A new study reveals nearly 60 percent of investors who score high on a “love of money” scale actually have bad financial outcomes.
That’s according to the financial think tank called The Center for Applied Research at State Street Bank.
It surveyed 3,000 retail investors across the globe and found that money lovers are less likely to prioritize saving or contribute to retirement plans.
The study also found those who love money the least make better investment decisions.