50 years of research has revealed the key to financial successand it has nothing to do with education, professional connections or work.
Psychologists followed the lives of 1,000 children from new Zealand Dunedin town since 1972, collecting information about their growth, development and success from birth to adulthood.
The best way to determine your financial and professional future was mental intelligence and the ability to control one’s actions.
Scientists have named this ability as ’emotional quotient’ (EQ), and iPeople with high EQ tend to focus on the positive, listen before making decisions, admit their mistakes, show compassion and deal with negative emotions effectively.
But children are Those with low EQ were more likely to have ‘negative economic outcomes’ as adults, including low income, poor savings, debt problems and dependency on social care systems.
By their 30s, this group was unable to save and had little money to build for the future, such as home ownership, investments or retirement plans.
Dunedin Multidisciplinary Health and Development Studyled by the University of Otago, is ongoing.
Over the years, he developed a data mine and started publishing 1,000 research papers, reports and books.
50 years of research has revealed the secret to financial success, and it has nothing to do with education, professional connections or performance.
Psychologists assessed Dunedin children’s intelligence, which they called ‘self-control,’ at ages three, five, seven, nine and 11.
The evaluation was done by directly observing the children’s behavior, interviewing their parents and asking their teachers to write a questionnaire about them.
“All children experience incontinence from time to time, but this combined approach determined that fewer showed incontinence across a range of conditions and ages,” the researchers wrote. American scientist.
The researchers also interviewed the growing population, assessing their financial status and sustainability.
The findings revealed a positive correlation between a child’s ability to understand, control and act appropriately based on their emotions and financial success later in life.
This may be because people with high EQ have skills and qualities that employers want to see in the workplace, such as the ability to work well with others, good communication skills and social awareness.
So emotional intelligence helps people perform better, which gives them more job security and increases their chances of being promoted or promoted, the researchers said.
In addition, people with high EQ have a strong sense of control and tend to think before they act. This can help you manage your money better by saving, budgeting and planning for the future.
This may be because people with high EQ have skills and qualities that help them succeed at work, giving them more security, promotions and promotions.
But what determines a person’s EQ? The researchers found several factors that seem to have a significant impact on a child’s emotional intelligence.
The analysis showed that the rate of ‘self-control’ was higher among girls than boys, and among children from wealthier families.
Children with higher emotional intelligence also had higher IQs.
But EQ is not something children are born with.
This skill can also be developed, the researchers found, with their parents, teachers and early programs.
There are many ways to help your child develop emotional intelligence. Weston Family Psychology.
Children develop emotional intelligence at a very young age, so it is important to establish these skills in infancy or adulthood.
In these early years, parents can encourage emotional awareness by writing down and validating their children’s feelings. For example, saying ‘You look happy when you see a cute toy’ helps children to associate emotions with events, according to Weston Family Psychology.
