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A comment on Low parental income in childhood linked to increased risk of mental disorders. Parent comment

Re:Low parental income in childhood linked to increased risk... by sokoloff on Saturday November 21, 2020 @09:01AM (#25169760)
I would expect the population-wide correlation between good decision-making and financial outcome to be positive. (Good decisions, all else equal, will tend towards better outcomes financially and I’d expect the converse would also hold.)

How much influence that has I’m not as sure about, but I would be shocked if there were zero or negative correlation.

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Re:Low parental income in childhood linked to increased risk... by tchalla on Saturday November 21, 2020 @09:40AM (#25169954)
> (Good decisions, all else equal, will tend towards better outcomes financially and I’d expect the converse would also hold.)

There's a study that does hint the converse is true.

> Childhood poverty: Experiencing or growing up in poverty affects people’s lifelong decision-making style. People living in poverty make decisions focused on coping with present stressful circumstances, often at the expense of future goals.

https://www.lse.ac.uk/PBS/Research/Research-archive/How-pove...

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