Latest Dan Ariely Quotes from Interviews

Quotes about:

• If you get people to feel that they are putting something, that they are creating it and so on, their love for the project would increase. The more something is yours, the more you're willing to invest in it.

  Dan Ariely

  People

  Source: www.pbs.org

• The things that motivate us are to help other people, to feel that we're useful, to feel that we're getting better, to feel that we are kind of living to our potential, to get a sense of meaning. All of those things are positive.

  Dan Ariely

  Helping Others, People, Get Better

  Source: www.pbs.org

• 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.

  Dan Ariely

  Real

  Source: www.pbs.org

• In total, by giving people $30 bonus, Intel lost almost 5 percent of productivity. That's a lot. Now, think about it. You give money because you think this would increase motivation. It actually decreases motivation.

  Dan Ariely

  Motivation, Thinking, People

  Source: www.pbs.org

• I think we could get people to both be more productive and happier. We're less productive as individuals. We're less productive as companies, and we're more miserable.

  Dan Ariely

  Thinking, People, Miserable

  Source: www.pbs.org

• Motivation, basically getting people to be happy at work, everybody - everybody benefits.

  Dan Ariely

  Motivation, People

  Source: www.pbs.org

• When you get a checking account, you should have a savings account, and the number for the savings account should be one off of your checking account.

  Dan Ariely

  Should Have, Numbers, Saving

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• When parents have college savings accounts for their kids, their kids show higher social and cognitive performance.

  Dan Ariely

  Kids, College, Parent

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• It was shocking to realize how many low-income Americans don't have savings accounts.

  Dan Ariely

  Low Income, Saving, Realizing

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• Imagine you owe on five credit cards, you owe five debts. So which debt should you pay first? And the answer is very simple: You should pay the one with the highest interest rate first. But that's not what people do.

  Dan Ariely

  Simple, People, Pay

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• What people do is they pay the small loans first. Why? Because they enjoy making the number of loans smaller. But of course it is a very ineffective way to pay debt down.

  Dan Ariely

  Numbers, People, Debt

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• 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.

  Dan Ariely

  People, Cost, Debt

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• The companies that provide debt, what do you think their goal is? Is their goal for you to fully understand the cost of your debt? No. So they're basically creating these approaches to make you feel like it is incredibly cheap or just to think about the cost per day rather the cost per year or cost for a lifetime. So debt is very simple mistake.

  Dan Ariely

  Mistake, Simple, Thinking

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• A very simple bad decision is to get into debt. And that is very expensive.

  Dan Ariely

  Simple, Decision, Debt

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• Not all debt is bad. From time to time we should get into debt when there's a good reason for that.

  Dan Ariely

  Debt, Reason, Should

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• 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.

  Dan Ariely

  Pain, Going Away, World

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

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

  Dan Ariely

  Pain, Mean, Expression

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• I don't want to say that the poor are inherently cognitively diminished, but at the end of the day of making difficult, tough decisions, it's very hard to have the energy to think about things with the right mindset.

  Dan Ariely

  Thinking, Decision, The End Of The Day

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• The problem with opportunity cost is that opportunity cost is divided among many, many things.

  Dan Ariely

  Opportunity, Cost, Problem

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• For all of us, it's very hard to think about money, and because of that, we need help. In the same way that for all of us, it is hard to eat well, and we need some help. The poor have a particular challenge, which is that their life is actually much more complex - and they're much more complex cognitively.

  Dan Ariely

  Thinking, Challenges, Needs

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• The idea that you will make the right decision every time is very unlikely.

  Dan Ariely

  Ideas, Decision, Unlikely

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• Money is all about opportunity cost. Every time you spend on something, that's something you can't spend on something else.

  Dan Ariely

  Opportunity, Cost, Opportunity Cost

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• What you should do is wait until the end of each month, and then say, "OK, how much money do I have? How much do I need? Let me send the rest to retirement."

  Dan Ariely

  Retirement, Waiting, Each Month

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• The people who need to overcome temptation to the highest degree have the hardest time doing it.

  Dan Ariely

  People, Temptation, Overcoming

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.

• Why would you take money out of your paycheck at the beginning of the month when you don't know how much money you'll need?

  Dan Ariely

  Needs, Months, Paychecks

  "Mental depletion complicates financial decisions for the poor". Interview with Kristen Doerer, www.pbs.org. January 19, 2016.