People who manifest are more likely to go bankrupt: Study
If you dream about it, you can do it – or maybe just go broke.
Manifesting – the suddenly trendy practice of thinking ambitious thoughts or ideas “cosmically attractive” Success – may not be as harmless as it is made out to be.
Those who believe in the practice of manifesting are at a higher risk of going bankrupt, according to a new study published in the journal Personality and Social Psychology Bulletin.
Researchers at the University of Queensland in Australia also found that daydreamers are more likely to be lured into risky investments and are more likely to make the dangerous belief that they can achieve an unrealistic level of success in a short period of time.
“In our studies, we have defined manifestation as the belief that the universe will deliver what you desire if you fulfill your desires through positive thoughts, visualization, or by acting as if goals have already come true – like issuing one Send checks to yourself – to the universe,” study lead author Lucas Dixon said The Times UK.
Researchers analyzed what 375 people thought about manifestation and asked them to rate on a seven-point scale whether they agreed with statements such as: “I attract success into my life with the help of the universe or a higher power,” “My ” Soul, spirit or higher self helps me to succeed” and “The universe or a higher power sends me people and events to support my success.”
For each higher point on the scale, people were 40% more likely to have experienced bankruptcy and 30% more likely to have invested in cryptocurrencies, but less likely to have invested in stocks.
“Given that cryptocurrencies have historically experienced huge increases in value over short periods of time, we believe this finding is related to the fact that manifesters have a stronger belief in getting rich quick,” said Dixon.
Manifestation could lead people to focus more on symbolic actions, such as visualizing success, rather than instrumental actions, such as managing personal finances.
Those who believe in manifesting are “more likely to feel like they have control over pretty uncontrollable aspects of their lives — whether they’re getting rich quick or becoming famous,” Dixon said. “In economics, this could result in an opportunity cost of time spent focusing on more uncontrollable long-term goals rather than controllable short-term goals.”
But some of the results were shocking to Dixon.
“I think we were expecting there to be too much optimism as that seems to be part of the belief system, but some of the less obvious results, like bankruptcy and the get-rich-quick belief, were surprising,” he said .
“Another possibility is that people develop a stronger belief in manifestation after experiencing get-rich-quick schemes or after going bankrupt. This is something we don’t know yet.”
He was also surprised to find out how many people really believed in the manifestation – one in three participants had some doubts.
“This may be due to the continued popularity of books like ‘The Secret’ and ‘Think and Grow Rich,’ but also the rise of social media influencers,” he said.
From Friday morning it is Manifestation hashtag on TikTok has 43 billion views.
“Manifestors appear to be overly optimistic and believe that they will be more successful over shorter time frames in the future, which means they may be overestimating the chances of success,” said Dixon.
“Focusing on positive aspects of one’s life, as is common among manifesters, helps people feel good and be more resilient,” continued Dixon. “However, it can lead to downplaying negative but important signs of corporate fragility, such as rising debt.”
