Money matters better deal in '53

'53 Is the best age to solve money matters. In later years, people have blunted skills in handling money, as scientists have found out Harvard University.

Money problems

American researchers have found that the ability of decide money issues at man falling sharply after 50 years. Half of people over age 80 there are serious irregularities in the process of making responsible financial solutions. Similar studies have recently shown that similar problems often observed in men over 64.

However, researchers from Harvard found that just 53 year - this is the best age at which a person takes the most balanced solutions relating to money. In the future, the cognitive functions of the brain are reduced, and people lose the ability to quickly and efficiently decide money issues . However, this is bad news not only for the pensioners, but also for young people.

The researchers found that even at a young age problems arise with the adoption of important decisions regarding cash issues. Alas, but young people just do not have knowledge in matters of finance, that accumulate experience.

"Each a person is an individual, so there is no point in creating stereotypes, - says the British government consultant for elderly Workers Ross Altman, commenting on the results of research. - I know a lot the number of people over 80, who are very well their finances. So I do not I would generalize and talk about all the pensioners, but of course, with age the brain does not work as fast and as clear as it was in younger years. " (READ MORE)

Psychology

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