We don't really want a huge house, but we want the house to be slightly bigger than our neighbors, and a car that is bigger than our neighbor's, and they're going on vacation that's slightly more expensive, and this escalation happens that things got out of hand.

The more cashless our society becomes, the more our moral compass slips.

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.

There's something about [cyclically] doing something over and over and over that seems to be particularly demotivating.

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.

The real issue is, how much goodwill do you invest in the work? And goodwill is not something that we can buy with money. It's very hard to buy goodwill with money.

Rainy day savings are incredibly important, because from time to time, bad things happen. And if you're not prepared for that, it's going to be really terrible.