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About point 3, I think you have cause and effect backwards, most likely your 5 best friends are either friends from college or work, or maybe neighbors. So it'

by nico 17y ago

About point 3, I think you have cause and effect backwards, most likely your 5 best friends are either friends from college or work, or maybe neighbors. So it's not like having wealthier friends will make you earn more money, but rather earning more money will probably lead you to have wealthier friends.

mdg 17y ago
I dont even have 5 friends.
- anigbrowl 17y ago
  You're not the only one. This isn't bad, not everyone is cut out to be gregarious...then again being a hermit isn't necessarily a winning business trait.
  - gcheong 17y ago
    Maybe he is gregarious but also highly selective.
ankeshk 17y ago
I think its like with smiling. It goes both ways. If you're in a good mood - you'll smile more. And if you are in a bad mood - but you make a conscious effort to smile - your mood will change to become better. Good mood leads to smiling. And smiling leads to good mood. Its circular. Similarly - rich friends will lead you to become richer. And once you're rich you'll make more wealthier friends. It goes both ways.
- timwiseman 17y ago
  What it sounds like you are saying is that it can, in the right circumstances, create a feedback loop in either direction. And you are right. With that said, Nico had an excellent point. For most people their friends will include a peer group that almost certainly makes similar incomes to theirs, and for most people you will only really start making a lot of friends at a higher socio-economic point on the ladder when you move up to (or are in the process of moving up to) that same higher point yourself.
gaius 17y ago
You're one level removed from cause and effect. Having wealthier friends won't make you wealthier by itself - but having more ambitious/hardworking friends will encourage you to be more ambitious and hardworking yourself. Similarly hanging out with athletes won't suddenly make you fit - but it will provide the support you need to pursue your own fitness goals.

by nico 17y ago

mdg 17y ago

I dont even have 5 friends.

anigbrowl 17y ago
You're not the only one. This isn't bad, not everyone is cut out to be gregarious...then again being a hermit isn't necessarily a winning business trait.
- gcheong 17y ago
  Maybe he is gregarious but also highly selective.

ankeshk 17y ago

I think its like with smiling. It goes both ways. If you're in a good mood - you'll smile more. And if you are in a bad mood - but you make a conscious effort to smile - your mood will change to become better. Good mood leads to smiling. And smiling leads to good mood. Its circular. Similarly - rich friends will lead you to become richer. And once you're rich you'll make more wealthier friends. It goes both ways.

timwiseman 17y ago
What it sounds like you are saying is that it can, in the right circumstances, create a feedback loop in either direction. And you are right. With that said, Nico had an excellent point. For most people their friends will include a peer group that almost certainly makes similar incomes to theirs, and for most people you will only really start making a lot of friends at a higher socio-economic point on the ladder when you move up to (or are in the process of moving up to) that same higher point yourself.

gaius 17y ago

You're one level removed from cause and effect. Having wealthier friends won't make you wealthier by itself - but having more ambitious/hardworking friends will encourage you to be more ambitious and hardworking yourself. Similarly hanging out with athletes won't suddenly make you fit - but it will provide the support you need to pursue your own fitness goals.