In contrast, individuals with greater cognitive abilities exhibit more reasonable expectations, challenging the conventional focus on favorable thinking.Research highlights adverse results on financial well-being. We require to be able to over-ride that and this research shows that individuals with high cognitive capability manage this much better than those with low cognitive capability,” he stated. The principle of positive thinking is almost unquestioningly ingrained in our culture– and it would be healthy to revisit that belief,” Dr Dawson addedReference: “Looking on the (B) ideal Side of Life: Cognitive Ability and Miscalibrated Financial Expectations” by Chris Dawson, 9 November 2023, Personality and Social Psychology Bulletin.DOI: 10.1177/ 01461672231209400.
In contrast, individuals with higher cognitive abilities exhibit more sensible expectations, challenging the traditional emphasis on favorable thinking.Research highlights adverse results on monetary well-being. We need to be able to over-ride that and this research study reveals that individuals with high cognitive capability handle this better than those with low cognitive ability,” he said. The concept of favorable thinking is nearly unquestioningly ingrained in our culture– and it would be healthy to review that belief,” Dr Dawson addedReference: “Looking on the (B) best Side of Life: Cognitive Ability and Miscalibrated Financial Expectations” by Chris Dawson, 9 November 2023, Personality and Social Psychology Bulletin.DOI: 10.1177/ 01461672231209400.
