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”
Eco-friendly products can sometimes be anti-ecological . Environment and ecology are distinct concepts, but both have a significant impact on human life. Many confuse the two, believing that if something is eco-friendly, it is beyond criticism. This creates the illusion that if a product is good for the environment, it will also be beneficial for the ecosystem . For instance, reducing disposable items can lead to increased detergent use , which may contribute to water pollution . The reality is that what is considered eco-friendly may not be suitable for ecology, and what is ecology-friendly may not necessarily be eco-friendly. - Joseph’s “just my thoughts”