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Accept That Bad Things Happen
Another thing Sullivan and Klontz found in their research was that people in the top one percent income bracket had a greater "internal locus of control"—a psychology term that translates to seeing your life outcome as being determined by your own actions. Lower earners had an "external locus of control," believing their outcomes were unrelated to their behaviors, or the result of chance or luck (often bad). Sullivan says he sees this in situations like getting fired to getting divorced—the very wealthy tend not to let such setbacks deter them from their professional and financial goals. (You can find out where you fall by taking this quiz.)
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