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New research suggests meeting wealthy friends over Dollaritas could actually lead to more dollars in your bank account. Ken Wolter / Shutterstock.com
If you want to grow your wealth, try making rich friends. And if you want to make rich friends… maybe go to Applebee’s? A working paper published this week by the National Bureau of Economic Research, or NBER, finds that when people from low-income backgrounds rub shoulders with their high-income counterparts, they are more likely to invest in the stock market and save their money.
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