Most people with siblings ask the age-old question 'How Does Birth Order Affects Finances?' It turns out that indeed what order one is born in does affect what they do with their money.
Several studies asked siblings if they considered themselves financially responsible. First borns, middle borns and last borns had nearly all the same results as 85 to 88 percent of them said they were extremely good with money. The results also nearly identical when siblings were asked "Do you take financial risk?" The biggest difference was in how siblings saved compared to each other. Only 57 percent of first borns put money into a savings account each month while 65 percent of middle borns do. Middle children should be careful though because it's them who are most often asked to borrow money from.
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