Intelligent people more patient in financial matters

Higher IQ makes them more tolerant of risk. Assuming someone gave you the choice of 100 euros today or 150 euros in a year's time. Which sum would you take? Scientists asked 1000 adults this question. At the same time they measured the cognitive abilities of the participants, using two different methods. The result was that intelligent people prefer to wait for a higher return, rather than going for the money now. This is the first time that this relationship between intelligence and patience in financial matters has been shown. Furthermore, the willingness to run risks increases with higher intelligence.