Why men & women who wear suits are more successful.........

 Wearing a suit improves your ability to see the bigger picture and make astute financial decisions, according to a new study.

Not only should you always wear a suit to an interview, but you should also keep wearing one for every day of your working life – if you want to be successful.

That's according to a new study that analyzed the psychological effect dressing sharply has on people.

Psychologists at California State University, North ridge, put subjects through a series of experiments to gauge the relationship between clothes and cogency.

In the first experiment, participants were asked to show up, rate the formality of the outfit they were wearing, and then complete tests to determine how they processed information.

The second experiment followed the same progression, except this time the participants were instructed to turn up in formal wear.

The data collected showed that when the subjects dressed formally, they were more adept at abstract processing – which means that they are more likely to see the big picture rather than obsessing over minor details.

 ^{A suit is a sign of power;}

Abstract thinking is held to be useful when solving problems and therefore a key attribute for the successful businessman. For example, abstract thinking is helpful when receiving criticism, as the thinker can take a step back from the negative feedback rather than letting it affect their self-esteem.
It can also be useful when making financial decisions. An abstract thinker is more likely to avoid being tempted by impulse purchases, instead making astute, long-term investment calls.
“Putting on formal clothes makes us feel powerful, and that changes the basic way we see the world,”

What's more, Michael Slepian, another of the paper's authors and a professor at Columbia Business School, postulates that putting on a suit has a positive impact on your ability to see the big picture whether you wear one every day or not: “No matter how often you wear formal clothing, if you are wearing formal clothing, then you are likely in a context that's not the intimate, comfortable, and more socially close setting with no dress code.

 “Thus, whether you wear formal clothing every workday, or only every wedding, my prediction is that we would find a similar influence because the clothing still feels formal in both situations.”

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