Researchers found that as study participants gained more self-control they also gained more risk tolerance. Researchers at Utah State University found that students who completed a basic financial-education course were more willing to wait for a bigger financial payout than those who didn’t. One group of 237 students took a semester of financial education, while another group of 80, the control group, took abnormal psychology. That finding held true regardless of how much self-control a student started the financial-education class with, he says. Still to be discovered is how long the effects of the financial class last.

Source: Wall Street Journal March 27, 2017 02:38 UTC