Sixty percent of last borns who have a savings account said they put money into it each month.
FORBES: One More Reason to Blame Mom and Dad for Your Money Habits?
Turns out the middle borns are the most likely to be asked to lend money to their siblings.
FORBES: One More Reason to Blame Mom and Dad for Your Money Habits?
Nearly half of middle borns said they have been asked by their older or younger siblings for money.
FORBES: One More Reason to Blame Mom and Dad for Your Money Habits?
First borns, 36 percent, and last borns, 29 percent, report the lowest instances of being asked to lend money.
FORBES: One More Reason to Blame Mom and Dad for Your Money Habits?
Birth order theorist Alfred Adler said first borns are likely to be power-hungry conservatives that are highly responsible and organized.
FORBES: One More Reason to Blame Mom and Dad for Your Money Habits?
Middle borns with a savings account, had the highest instance, 65 percent, of putting money into their savings account each month.
FORBES: One More Reason to Blame Mom and Dad for Your Money Habits?
How do the first, middle and last borns stack up on saving?
FORBES: One More Reason to Blame Mom and Dad for Your Money Habits?
Hot on their heels were the first borns at 38 percent and then middle kids, 36 percent and last borns, 35 percent.
FORBES: One More Reason to Blame Mom and Dad for Your Money Habits?
As for risk taking, the later borns, including middle and last borns, according to Adler are typically most game for new experiences.
FORBES: One More Reason to Blame Mom and Dad for Your Money Habits?
Cambodia's national children's welfare office says the number of foreign adoptions tripled in 1999, yet there is no shortage of destitute new-borns.
Adler suggested that middle borns are typically competitive and sometimes have to compete for the same attention that their older and and younger siblings receive.
FORBES: One More Reason to Blame Mom and Dad for Your Money Habits?
The last borns came in at 85 percent.
FORBES: One More Reason to Blame Mom and Dad for Your Money Habits?
In contrast, only children, who in theory share many characteristics with first borns, reported the highest instance of taking financial risks at least sometimes, 39 percent, such as borrowing for short-term investments, or investing in risky ventures.
FORBES: One More Reason to Blame Mom and Dad for Your Money Habits?
It is already recommended in the US that travel is minimised for premature babies and the new data suggests that full-term new borns (those born at or around 39 to 40 weeks) would also benefit from this.
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