By Rhonda Campbell
If you use more of your left brain than your right, there’s a good chance that you are good at math. Reason for that is that the left side of the brain is used to perform logical tasks. Types of tasks that require you to think logically include creating and maintaining budgets, organizing files, and, yes – performing math equations, including complex math equations.
Strong math skills could help make you wealthy
Leaning more toward logical thinking than idealism has been shown to have a direct impact on how much money you’ll earn. Consider this. U. S. News and World Report shares that, “A study by the RAND Corporation, a nonprofit think tank, showed a direct correlation between numeracy (a fancy word for math skills), delayed recall (the ability to remember something you’ve seen after some delay) and your future wealth.”
The study’s researchers tested couples math skills. After the researchers got the results of the tests, they observed how the tests results aligned with the amount of wealth couples had. What they discovered was that, “For households where both spouses scored zero correct answers on the test, the average wealth was $200,000. For households where both spouses got all of the answers correct, the average wealth was $1.7 million.”
Furthermore, although girls have long been reported to perform better at math than boys, the study also found that men handled the finances in relationships more than the women they were in relationships with did. In fact, in 62% of the households that participated in the study the men in the relationships handled the finances.
The report did not reveal if the study looked to see if there was a correlation between having strong math skills and a person’s confidence levels. What is known is that confidence plays a direct and indirect role in how successful a man or woman will be.
Strong math skills can also help you to calculate how much money you’re spending while you’re shopping, without you having to pull out a calculator. It also might make it easier for you to balance your checking and savings accounts in your head. Keeping up with these financial numbers is a required step to developing wealth.
