Drink & Earn More!
Mar 10th 2007Nik AgarwalSpirits & Lager
Interestingly, those who drink tend to make 10 to 14 percent more money than those who choose to avoid alcohol. A study conducted by two economists also suggested that those who drank in a social setting earned more than those who drank at home.
Female drinkers earned 14 percent more than non-drinkers, while males who drank earned 10 percent more than their teetotaler counterparts.
At the same time, men who went to a bar at least once a month earned an additional 7 percent on top of the 10 percent drinking premium. But women who engaged in similar behavior did not experience any effect on their earnings.
Numerous colleges are trying hard to curb illegal drinking and raise liquor taxes in the hopes to deter under-age drinking and this bit of news is no doubt going to cause some uproar. I personally do not agree with the drinking age and I have to admit that I agree with the findings because social activities that involve alcohol tend to have more “open” conversations and dialogue than those without any alcohol. It goes without saying that you need to drink in moderation and not be completely wasted. I guess this would be a great time to toast to the study and my future 10-14% increase in wages.
Source: CNN Money
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