Who's wealthy? Beyond net worth, asset and debt levels change our perceptions
Tuesday, January 10, 2012 - 16:36
in Psychology & Sociology
Will borrowing money to buy a new car make you feel richer? It depends on your net worth, says a new study. "People's perceptions of wealth vary not only as a function of their net worth, but also of the amount of assets and debt they have," says a psychology graduate student.