Being nice doesn’t pay

NICE people are more likely to struggle with their finances, says a study.

People with warm personalities are at higher risk of going bankrupt, having lower savings and higher debt.

They are also more likely to default on debt than grumpy people, the research into more than three million Britons and Americans found.

Even children who were nicer ended up suffering greater financial hardship later in life as adults.

The study was compiled from the BBC’s 2011 Big Personality Test, bank account and geographical data.