Home » Psychology news » Who’s wealthy? Beyond net worth, asset and debt levels change our perceptions
Who’s wealthy? Beyond net worth, asset and debt levels change our perceptions
January 10, 2012 by NewsBot
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.
