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.

When you're in pain, tomorrow doesn't exist - just the pain - and the only thing that you want in the world is for it to go away.

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

Even the most analytical thinkers are predictably irrational; the really smart ones acknowledge and address their irrationalities.

that when given the opportunity, many honest people will cheat.

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.

When people are in severe pain, there's an expression, you're a "pain person," and what that means is that nothing else matters.