Researchers have found that—get this—if you’re unlucky enought to carry a certain gene in your DNA, you’re a lot more likely to have credit card debt. The study prompts the question: Is buying $300 jeans in your genes?
SmartMoney has the story, which refers to a “debt gene” in the title, and then later on, in the same story, has this quote from one of the researchers:
“There will never, ever be such a thing as a ‘debt gene’,” says De Neve. But what humans likely have is “a set of genes whose expression, in combination with environmental factors, influences financial decision-making.”