Sigh. Popular Kids Earn More Money as Adults, New Research Suggests
By:
Mallika Mitra
Kiersten Essenpreis for Money
Hopefully it’s been awhile since you thought about prom, bullies and who you sat with in the high school cafeteria. But — please, don’t panic here — your teenage social life could be affecting how much money you’re making now.
Having around five friends in adolescence is associated with earning 10% more later in life, according to a working paper recently posted to the National Bureau of Economic Research. That’s equal to how much one year of schooling impacts your earnings, the authors found.
