Religion and wealth study says Jewish people worth the most

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  • Mr.Fiction
    Confirmed User
    • Feb 2002
    • 9484

    #1

    Religion and wealth study says Jewish people worth the most

    Study Finds Religion Affects Wealth Accumulation
    Jews Accumulate Most Wealth, Conservative Protestants Least

    Overall, the median net worth of Jewish people in the survey was $150,890, more than three times the median for the entire sample. The median net worth for conservative Protestants (which included Baptists, Jehovahs Witnesses, Seventh-Day Adventists, Christian Scientists, among others) was $26,200, or about half the overall average. The median net worth of mainstream Protestants (including Episcopalians, Methodists, Presbyterians, Lutherans, Unitarians and others) and Catholics were similar to each other and about the average for the whole sample.

    Religious teachings of different faiths may influence spending and saving strategies in a variety of ways, according to Keister.

    For example, conservative Protestants often emphasize prayer and trust in God, which may reduce their desire to invest. Conservative Protestants also look forward to the rewards of the afterlife and don't promote acquiring wealth as a good for this life.

    Jews, on the other hand, don't have a strong orientation to the afterlife, but encourage pursuits that will lead to wealth accumulation, such as high-income careers and investing.

    http://www.thekcrachannel.com/money/2490471/detail.html

    I thought this was interesting, though I don't know how accurate it is.
    Don't be lazy, protect free speech: ACLU | Free Speech Coalition | EFF | IMPA
  • KRL
    Entrepreneur
    • Oct 2002
    • 31429

    #2
    Jewish people have incredible minds for business. I have always liked having them in on deals with me. Those deals always do the best.


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    • com
      Confirmed User
      • Aug 2003
      • 4541

      #3
      Originally posted by KRL
      Jewish people have incredible minds for business. I have always liked having them in on deals with me. Those deals always do the best.


      I prefer jewish lawyers.

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      • ControlThy
        Confirmed User
        • May 2002
        • 1909

        #4
        Jewish people are smart.
        Promote our unique Voyeur and Fetish sites!

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        • Mr.Fiction
          Confirmed User
          • Feb 2002
          • 9484

          #5
          Originally posted by ControlThy
          Jewish people are smart.
          The study says that it isn't just being smart, but the beliefs of the Jewish faith that contribute to increased wealth.
          Don't be lazy, protect free speech: ACLU | Free Speech Coalition | EFF | IMPA

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