Home / Quotes / Quote by Dan Ariely

Quote by Dan Ariely

“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.”

Quote by Dan Ariely

Author

Dan Ariely is an Israeli-American psychologist and behavioral economist known for his pioneering research in the field of behavioral economics. His work primarily focuses on the irrational aspects of human decision-making and how these irrationalities affect our economic behavior. Ariely's books, 'Predictably Irrational' and 'The Upside of Irrationality', have been widely popular and provide an accessible introduction to his research findings. more

You May Also Like

“If you have loans, the first thing you want to do is say, "Okay, look I have a credit card, if I really need to borrow, I have this emergency money that I can get, but for now there is no reason for me to keep cash at zero percent interest rate and at the same time, pay all of this money out. So, I think people need to figure out quickly how to pay loans and how much cash they should really keep.”

People Ifs Thinking Want Needs Should Firsts Looks I Can Reason Interest Pay Figures Percent Okay Rate Credit Cards No Reason Zero Cash Emergencies Loan Credit Card Interest Rate

Author:Dan Ariely

“Linking financial element to energy consumption I think has a huge role if you think about a display instrument that could teach us about what we are using, how much it costs us, how much it is saving, and therefore change our decisions.”

Ifs Thinking Energy Decision Roles Teach Huge Cost Elements Instruments Financial Saving Display Consumption Energy Consumption

Author:Dan Ariely

“Do you know how much money you would save if you changed your light bulb to compact florescent light bubs? How much would you save if you decreased your temperature of your house in the winter by one degree, or increase it by one degree? We just don't know these numbers, but I think displays could make it a memorable change in terms of attention, and also help us translate it in terms of concrete ways on what you can get.”

“I think it worked two ways. One, a lot of people writing about the movie used that as shorthand and it could either be a good thing or they could use it to dismiss the movie like we were a copycat movie or something like that. It's very much its own story. It is a young woman in a post-apocalyptic society, but after that it's just a whole different kind of story and a different journey that she goes through.”

People Thinking Way Writing Kind Two Different Whole Stories Use Young Used Journey Good Things Posts Different Kinds Young Women Two Ways Apocalyptic Post Apocalyptic Shorthand Copycats

Author:Neil Burger

“On one hand it's very flattering to be compared to a big success, and then sometimes it's very frustrating because you want people to see the movie that you're making and not be continually comparing it to something that it's not. So it goes both ways.”

People Way Want Sometimes Hands Bigs Compare Frustrating Flattering

Author:Neil Burger

“But at a certain point you've gotta be ruthless with the movie because you can have these great scenes, but they aren't specifically building the story that needs to be built at that moment.”

Needs Moments Stories Certain Building Scene Built That Moment Ruthless

Author:Neil Burger

“It's like you might have some great scene that you love but for some reason - and you can't necessarily put your finger on it - the movie's not working or it seems slow or ponderous in some way, and even though it has your favorite scene in there, actually the favorite scene is the culprit. That's the painful thing about editing, is trying to locate those things that are holding the movie back and then having the guts to cut them. And it is painful to do it.”

Way Trying Reason Seems Might Cutting Like You Scene Fingers Painful Guts Editing Your Favorite Culprit Painful Things

Author:Neil Burger

“If a character is going to end up one way, you start them a certain way. If they're gonna end up the polar opposite of that, you might start them differently to have dramatic integrity to their journey.”

Ifs Way Ends Character Might Certain Journey Integrity Opposites One Way Dramatic Polar Opposites

Author:Neil Burger

“I think it's pretty common for people to get excited when they meet somebody that they know from the media.”

People Thinking Knows Common Media Excited

Author:Julie Bowen

“I'm working on a number of different things. I'm working on a couple of TV things and I'm working on a couple of film things too, and they're all very early stages. One of them I'm writing myself, one of them I'm writing with somebody else, and one of them I'm supervising a writer, and they're all sort of coming up at the same time and it'll be interesting to see which one kind of reveals itself first and jumps ahead.”

Writing Firsts Kind Different Film Interesting Numbers Stage Tvs Couple Different Things

Author:Neil Burger