The Hidden Pitfalls of ‘Manifesting’ Trends: Study Reveals Link Between Bankruptcy and Unrealistic Expectations

The practice of ‘manifesting’ success has become increasingly popular in recent years, with the belief that we can attract success to ourselves through positive thoughts and visualization. However, a new study suggests that those who believe in manifestation may be at a higher risk of bankruptcy.

Researchers from the University of Queensland in Australia found that individuals who believe in manifestation were more likely to engage in risky investments and have an unrealistic expectation of achieving success quickly. Manifestation was defined in the study as the belief that sending desires out to the universe through positive thoughts and actions would result in the desired outcome.

It's the increasingly popular idea that we can 'cosmically attract' success to ourselves. But those who believe in the practice of 'manifesting' are more at risk of bankruptcy, a study suggests (stock image)

It’s the increasingly popular idea that we can ‘cosmically attract’ success to ourselves. But those who believe in the practice of ‘manifesting’ are more at risk of bankruptcy, a study suggests (stock image)

While focusing on positive aspects of life can have benefits in terms of resilience and well-being, the study suggests that manifesters may downplay negative signs of financial instability, such as mounting debt. Believers in manifestation may also have a tendency to prioritize long-term goals that are beyond their control, rather than focusing on more tangible and manageable short-term goals in their businesses.

The researchers measured the manifestation beliefs of 375 participants, asking them to rate their agreement with statements related to attracting success through the universe or higher power. The participants’ financial situations were then analyzed.

People who believe in manifesting are more likely to be drawn to risky investments and to believe they could achieve an unlikely level of success more quickly (stock image)

People who believe in manifesting are more likely to be drawn to risky investments and to believe they could achieve an unlikely level of success more quickly (stock image)

The study found that for every one point increase in manifestation beliefs, individuals were 40% more likely to have experienced bankruptcy and 30% more likely to have investments in cryptocurrency. However, there was no significant increase in stock investments among manifesters.

The lead author of the study, Lucas Dixon, expressed surprise at some of the findings, including the connection between manifestation beliefs and bankruptcy and the belief in getting rich quick. He suggested that it is unclear whether higher manifestation beliefs lead to these outcomes or if the belief strengthens after experiencing financial difficulties.

Dixon also noted the wide prevalence of manifestation beliefs, with one in three participants indicating some degree of belief. He attributed this popularity to the influence of books like The Secret and Think and Grow Rich, as well as the rise of social media influencers. Videos with the hashtag ‘manifestation’ on TikTok have been viewed over 42.8 billion times.

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