05.18.07
Self-Confidence Helps Kids Be Successful, According to University of Florida Study
A new study from the University of Florida demonstrates that self-confidence is a key factor in financial success. The press release about the study said:
People with high opinions of themselves as teenagers and young adults drew bigger salaries in middle age than their less confident counterparts, and the gap was widest for those from privileged backgrounds, said Timothy Judge, a UF management professor who did the study with graduate student Charlice Hurst.
“There are certainly significant advantages for children growing up with parents who are well-educated and work in professional occupations, but these advantages are especially profound when children are self-confident,” said Judge, whose study will be published later this year in the Journal of Applied Psychology. “Positive self-concept seems to act like an accelerant – the fuel to the fire – that leads the advantaged in our society to do better.”