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Thinking Is Difficult And Sometimes Unpleasant.
-Dan Ariely
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Thinking Is Difficult And Sometimes Unpleasant.
Dan Ariely
Thinking Is Difficult And Sometimes Unpleasant.
Views: 74603
Topic
Thinking
Sometimes
Difficult
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Interesting Thing That Is Happening In American Society Is That People Are Starting To Talk About Money. I Don't Know How You Feel About This, But For A Long Time, Nobody Was Talking About Money. It Was A Secret. And It's Kind Of Very Interesting Because We Do Lots Of Stuff To Portray To People About How Much Money We Have, The Clothes We Wear And The Cars We Have And The House - They All Kind Of Depict To Other People, Signal How Much Money We Make, But We Don't Talk About It Specifically.
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Imagine You Have Six Loans, Small To Huge. People Want To Close Loans And Because Of That, They Try To Pay Off The Small Loans, But That's Not The Right Strategy. The Right Strategy, Of Course, Is To Pay The Loan With The Highest Interest Rate. People Make This Mistake And It Costs Them Lots And Lots Of Money, It's A Very Expensive Mistake Because Interest Rates Accumulate And Become Very, Very Expensive Very Quickly.
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But Because Human Being Tend To Focus On Short-term Benefits And Our Own Immediate Needs, Such Tragedies Of The Commons Occur Frequently .
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