Being in debt means using up the future in the present. Essentially, it’s about how we manage our time. Therefore, the most valuable resource for debtors is time, and it depends on which side time favors. Paying off debt is like repaying borrowed future time early. When the ability to generate wealth over time decreases, the future time becomes a burden, and the debtor faces the pain of bankruptcy. Taking on debt is costly. It may seem like borrowed money is repaid with money, but the irreplaceable resource of time is also returned along with interest. With the rise of postpaid credit cards as a common payment method, we’ve become less sensitive to the associated pain and cost. There are two ways to spend money: using present time or future time. The costs and pain are much higher when the future is spent as if it were the present. - Joseph’s “just my thoughts”
Knowing someone and being friendly with someone are two very different things. Two main ways to build relationships with main motives are affiliation and intimacy. "Affiliation motivation" is the psychological action of getting along with others to avoid rejection. The "intimacy motive" is to increase intimacy with a select few and establish a stable relationship. It would be mentally strained to have more than 10 to 15 relationships. If you feel burdened by human relationships, you must examine your treatment of people with "affinity." The fear of being rejected is what drives the mind. - Joseph’s "just my thoughts”