"Credit buying is much like being drunk. The buzz happens immediately and gives you a lift... The hangover comes the day after"
- Joyce Brothers
About this Quote
In this quote, Joyce Brothers compares credit buying to being drunk. She suggests that the initial sensation of purchasing something with credit is similar to the instant buzz one experiences when drinking alcohol. It offers a sense of enjoyment and a short-lived high. However, similar to the effects of drinking, the consequences of credit purchasing is not as pleasant. The "hangover" in this context describes the financial concern and stress that comes with needing to pay off the credit financial obligation. This quote acts as a cautionary suggestion to be mindful of our costs habits and to prevent the potential unfavorable consequences of spontaneous credit buying.
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