New Study Links Optimism To Lower Cognitive Abilities
Research from the University of Bath indicates that excessive optimism, particularly among those with lower cognitive skills, often leads to poor financial decisions. In contrast, individuals with higher cognitive abilities exhibit more realistic expectations, challenging the conventional emphasis on positive thinking.Research highlights adverse effects on financial well-being.Optimistic thinking, often celebrated in self-help literature as a pathway to happiness, health, and longer life, can also lead to poor…