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Meaning
This reads as a plain explanation of compounding debt, where skipping immediate repayment makes the balance swell quietly over time. It can be taken to mean that a product that feels like relief at first may become expensive later, and it lands when someone is weighing short-term cash against long-term obligations.
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Original Language & Translation
Originally said in English.
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About Charles Duhigg
American journalist and non-fiction author
Charles Duhigg is an American journalist and non-fiction author. He was a reporter for The New York Times and now writes for The New Yorker Magazine. He has 158 quotes on the site and is the author of three books, including The Power of Habit: Why We Do What We Do in Life and Business, Smarter Faster Better, and Supercommunicators: How to Understand the Language of Connection. In 2013, he received the Pulitzer Prize for Explanatory Reporting for a series of ten articles on the business practices of Apple and other technology companies. His work focuses on habits, productivity, and the ways people communicate and work.
More from Charles Duhigg (158 quotes) →Other sayings from Charles Duhigg
- “Entrepreneurs do not try and create new types of smartphone technologies now because they know it's pointless…”Charles Duhigg
- “If Freddie Mac is unable to raise capital, it could spark a political and financial crisis.”Charles Duhigg
- “Our brain is essentially programmed to enjoy carbohydrates because they give us a sense of fullness and a rus…”Charles Duhigg
- “The biggest moment of flexibility in our shopping habits is when we have a child, because all of your old rou…”Charles Duhigg
Explore Debt
- “It takes as much imagination to create debt as to create income.”Leonard Orr
- “I have great respect for Harvey as an artist, and owe him and his brother a debt of gratitude for the early s…”Mira Sorvino
- “Debt certainly isn't always a bad thing. A mortgage can help you afford a home. Student loans can be a necess…”Jean Chatzky
More Time quotes
- “You always think, no matter how many times you fail, that the next time you will succeed. Otherwise you would…”Bruno Heller
- “Because we're playing tournaments week in and week out I'd think to myself, 'What's the point in practising?'…”Adrian Lewis
- “It is strange how a scrap of poetry works in the mind and makes the legs move in time to it along the road.”Virginia Woolf
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Books by Charles Duhigg
The Power of Habit
2012
Smarter Faster Better
2017
Smarter Faster Better
2016