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Paying Off Debt Makes You Smarter | Tiger Fitness

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Paying Off Debt Makes You Smarter?

DARN RIGHT IT DOES! A new study from National University of Singapore’s Social Service Research Centre demonstrates that:
• Average error rates in the cognitive function tests fell to 4% after the debt was paid down, compared to a 17% error rate beforehand.
• The proportion of participants showing generalized anxiety disorders went from 78% to 53% after the debt relief.
• Numbers of people showing so-called “present bias,” which favors instant gratification, dropped to 33% from 44%, a sign that their impulse control had improved.

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Paying Off Debt Makes You Smarter

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