Quote by Joyce Brothers

Credit buying is much like being drunk. The buzz happens immediately, and it gives you a lift. The hangover comes the day after.

Credit buying is much like being drunk. The buzz happens imm

Summary

This quote by Joyce Brothers illustrates the analogy between credit buying and being drunk. Initially, purchasing on credit can provide a sense of immediate gratification and excitement ("the buzz") that gives a temporary lift. However, the consequences soon become apparent ("the hangover") when the bills accumulate and the reality of debt sets in, resulting in regret and hardships. The comparison highlights the idea that indulging in instant gratification through credit can have negative repercussions, just like the aftermath of excessive drinking.

Topics

Debt / Borrow / Loan

By Joyce Brothers

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