Math skills = greater family wealth

In case you need more motivation to spend time on your math, today’s Globe and Mail reports,

Could your ability to solve basic math problems be a predictor of your family’s future fortunes? The answer may be as simple as 1-2-3.

A study published in this month’s Economic Journal reports numeracy, an ability to understand and use numbers, counts.

When both spouses answered the three numeracy-related questions correctly, their family’s wealth averaged $1.7-million. Meanwhile, among couples where neither spouse answered any questions correctly — which occurred in 10 per cent of cases — the average was $200,000.

So the next time you find yourself frustrated with that math problem, remember the payoff for numeracy is a million dollars plus. You can read the entire article at this link.