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That’s A Lesson We Can All Learn: The More We Have, The More We Want. And The Only Cure Is To Break The Cycle Of Relativity.
-Dan Ariely
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That’s A Lesson We Can All Learn:
Dan Ariely
That’s A Lesson We Can All Learn: The More We Have, The More We Want. And The Only Cure Is To Break The Cycle Of Relativity.
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Lessons
Want
Break
More From Dan Ariely
Who Would You Trust Right Now? Which Bank Would You Trust? Which Investment Would You Trust? Do You Really Want To Put Your Money; Do You Want To Suffer More Of These Losses That We Just Had? You Know, These Volatility That We See Is Just Unexplainable By Any Rational Standards. Nobody Has Any Clue About How To Explain This, And Nobody Wants To Experience That. So, We Hold More Money Back, We Don't Necessarily Want To Invest In The Market And By Default, People Are Saving More.
Loss
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With Money We Really Fool Ourselves. We Are Our Biggest Enemies With Money And There Are Some Things We Can Do About It. Automatic Deductions Are A Wonderful Thing. But Ideally, You Should Wait Until The End Of The Month, You Can See How Much Extra Money You Had, And You Should Put That In Your Savings Account. We Don't Do That Too Well, And If We Did That, We Would Never Save. So, What We Do, Is We Take Money Out Of Our Pocket Into The Saving Account At The Beginning Of The Month, Take It Outside Of Our Control And As A Consequence, We Spend Less And We Save More.
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That’s A Lesson We Can All Learn: The More We Have, The More We Want. And The Only Cure Is To Break The Cycle Of Relativity.
Lessons
Want
Break
The Problem Is That People Basically Dangle Debt In Front Of Us. And The Cost For The Poor Of Course Is Much Higher Than For The Wealthy.
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Not All Debt Is Bad. From Time To Time We Should Get Into Debt When There's A Good Reason For That.
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