There's a surprising financial upside to feeling insecure, new study finds

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There's a surprising financial upside to feeling insecure, new study finds
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There's a surprising upside to feeling insecure, new study finds via CNBCMakeIt

div > div.group > p:first-child"> On Monday, the American Psychological Association published new research in the Journal of Personality and Social Psychology, revealing that people who experienced self-image threats had a greater intent to save money.

In a series of experiments with 2,410 U.S. and Israeli citizens, as well as a nationally representative survey of 1,200 people in the Netherlands, researchers looked at the relationship between such self-image threats and the tendency to save money. In another, researchers asked participants questions about the number of friends they had and the quality of those friendships. Then they asked participants to imagine they had just received $500, asking them how much of if they would save. The researchers found that people who had more friends and felt better about those friends, tended to save less money.

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