Our pals at the American Mustache Institute have a new study out revealing that mustachioed men make more money and spend more of their income than the bearded and the cleanshaven:

The research found that Mustached Americans earned 8.2 percent more on average than those with beards and 4.3 percent more than the clean-shaven. People of Mustached American descent, however, also tended to spend 11 percent more and save 3 percent less than their collective counterparts.