The people I have dealt with that have money doesn`t` seem to have any common sense.
2007-07-07 00:20:37 · 16 answers · asked by pumpkin 4 in Social Science ➔ Psychology
They have a proper education yes but decision wise most of them are dumbstruck. For most young rich people who have all that money they don't know what to do with it or themselves so they just fool around. They are what you call smart - stupid people. Book smart but the comon sense is lacking. Also there are those who want you to think that they are stupid but they aren't.
2007-07-07 00:25:27 · answer #1 · answered by Anonymous · 2⤊ 0⤋
It depends on what you mean by smart. They are mostly smart in business dealings and financial dealings, but may not have any common sense or street smarts in the rest of their lives. Being smart has nothing to do with how rich you are, however, I think it takes a smart, responsible, saavy person to become wealthy and successful in this world, but book smarts are a lot different than common sense or street smarts.
2007-07-07 00:25:13 · answer #2 · answered by vanhammer 7 · 5⤊ 0⤋
To the people who said "Paris Hilton", where are the times where she shows her stupidity? She's a troublemaker, but it doesn't necessarily shows her cluelessness towards life.
Because you're rich doesn't always mean that you're smart. It depends how you want to push yourself towards education, and if you were rich, you can afford education, so that's probably where the general idea of rich people being smart came from.
2007-07-07 07:03:44 · answer #3 · answered by Banana Hero [sic] 7 · 1⤊ 0⤋
Generally people who have alot of money are not neccasarly the smartest people in the world. However some are. Usually depending on how they obtained so much money in the 1st place.
If they worked hard all there life and went to school and got a education they are most likely to have knowledge.
However some people who are rich may have inherited there money through family or other people. and therefor they did not get an education to obtain such riches so they may not be well educated.
and this i found on www.infoniac.com if you wish to know more....
Rich People Are Not Always Smart People
A recent study, made nationwide, showed that one can make a fortune without having an astronomical IQ score. Scientists were able to determine that some people with a below average level of intelligence had about the same amount of money as those having higher scores on IQ test. It is worth mentioning that the analysis took into consideration the same circumstances of both categories.
In addition some people, who are considered to be extremely intelligent, stated that they had financial difficulties. The author of the study, Jay Zagorsky, who also works as a research scientist at Ohio State University's Center for Human Resource Research, mentioned that the reason why people get rich is not because they are more intelligent (smarter) than others.
He mentioned that one's IQ has nothing to do with wealth. Thus very smart people are not protected from getting into difficult financial situation. However, scientists found one important indicator regarding the advantage of being smart, which is income. Thus the one whose IQ was higher turned out to get paid more than people with lower level of intelligence.
Mr. Zagorsky said that the research is different from others, that focused on the link between IQ and Income. In his research, scientist went further and studied the relationship between three factors: intelligence, wealth and financial difficulty.
The results of the study were based on the information collected from 7,403 Americans, who took part in the National Longitudinal Survey of Youth. The survey is funded by the U.S. Bureau of Labor Statistics and it represents people who are currently in their mid 40s.
Those that participated in the study completed a general aptitude test called Armed Forces Qualification Test. This one is used by the Department of Defense. Participants had to give answers to several questions on their income, wealth as well as 3 financial difficulty measures. The three measures include: maxed out credit cards, missed paying bills and bankruptcy.
The final results showed that people with higher level of intelligence look forward to increase their income. If taking into consideration each point in the IQ scores, scientists observed that it [the point] was associated with $202 to $616 more income per year.
The data shows that the difference between the average income of an individual with a high IQ score and lower one in the normal range (100) is between $6,000 and $18,500.
When came the results on total wealth and the possibility of financial difficulties, those that had a below average and average level of intelligence did better than the super-intelligent ones.
Smart people get into trouble just as often as the less intelligent ones. Among people having an IQ score above 125, 6% have maxed out their credit cards and 11% occasionally miss payments, Mr. Zagorsky said.
"Intelligence is not a factor for explaining wealth. Those with low intelligence should not believe they are handicapped, and those with high intelligence should not believe they have an advantage," he mentioned.
2007-07-07 00:26:55 · answer #4 · answered by lovehate 1 · 1⤊ 0⤋
Depends how one get rich.
IInherited rich just good luck.
Acquired rich, the person worked for it and is smart.
2007-07-07 00:30:32 · answer #5 · answered by Anonymous · 0⤊ 0⤋
...depends on how the person is rich...if it is inherited the chances are they are not that clever-but then if they come from a rich family they would have probably got a good education...so.......erm yeah..
anyway-if someone gets the money out of their own buisness then they are probably pretty smart to have been able to organise it and make themselves succesful...
but there is no 'rule' that rich people are clever!!!! i mean...poor people aren't necessarily stupid either... !! :)
2007-07-07 00:26:54 · answer #6 · answered by flipin_mentalzar 3 · 1⤊ 0⤋
No, not all rich people are smart, take London Tipton and Paris Hilton as examples :D
2007-07-07 00:58:15 · answer #7 · answered by 007 2 · 1⤊ 0⤋
No, some rich people are dumb. But the wealthy and smart rich people are usually more successful and nice.
2007-07-07 01:03:38 · answer #8 · answered by Girlie 3 · 0⤊ 0⤋
I do not think so. Just look at the young Hollywood scene today and those so called stars like Hilton,Lohan, Ritchie or even Al Gore's son.The answer is self evident.
2007-07-07 00:26:35 · answer #9 · answered by Ted 6 · 1⤊ 0⤋
Depends wether they where born into wealth or acquired it. The later are the smart ones, the previous can be anything.
2007-07-07 00:23:52 · answer #10 · answered by Otavainen 3 · 1⤊ 0⤋