Want to earn more money? Try growing a moustache

Chicago: Maybe American men should skip a day of shaving, especially when being interviewed for a job.

Sporting a mustache may improve your chances of landing a higher paying job, according to a study commissioned by financial services provider Quicken and the American Mustache Institute which admittedly represents people opting for facial hair.

The study found that mustached Americans earned 8.2 per ceChicago: Maybe American men should skip a day of shaving, especially when being interviewed for a job.

Sporting a Moustache may improve your chances of landing a higher paying job, according to a study commissioned by financial services provider Quicken and the American Moustache Institute which admittedly represents people opting for facial hair.

The study found that Moustached Americans earned 8.2 per cent more on average than those with beards and 4.3 per cent more than the clean shaven.

But the news is not all good. Moustached Americans also tended to spend 11 per cent more and save 3 per cent less than their collective counterparts, according to the study, titled "Saving and Spending Patterns of Moustached Americans."

"If efficiencies in financial management could be realised in the near-term; it's highly probable that over the next four to five years, we will see Moustached Americans' savings rate grow to surpass their bearded and shaven peers," research consultant Hans Menjou-Bartchen said in a statement.

The study was conducted during the first six months of 2009, examining a random sample of 2,000 Moustached American men along with 2,000 bearded and 2,000 clean-shaven peers.

nt more on average than those with beards and 4.3 per cent more than the clean shaven.

But the news is not all good. Mustached Americans also tended to spend 11 per cent more and save 3 per cent less than their collective counterparts, according to the study, titled "Saving and Spending Patterns of Mustached Americans."

"If efficiencies in financial management could be realised in the near-term; it's highly probable that over the next four to five years, we will see mustached Americans' savings rate grow to surpass their bearded and shaven peers," research consultant Hans Menjou-Bartchen said in a statement.

The study was conducted during the first six months of 2009, examining a random sample of 2,000 mustached American men along with 2,000 bearded and 2,000 clean-shaven peers.