How much is your name worth?
Posted on June 6th, 2013 in Uncategorized
As CPAs, we routinely advise clients to take actions to save money and maximize wealth. But then sometimes wealth depends on the name that your mother gave you. Yes it’s true.
According to a recent study from theladders.com, people with shorter names make more money. After looking at almost 6 million names, they found that after the third letter every additional letter in a name dropped annual salary by almost $3,600. According to the research, people who went by their nick names, (i.e. Chris instead of Christopher) also showed the same higher earnings trends.
The conclusion, it matters what you name your children!