Skip to main content

Posts

Showing posts with the label expense

Just my thoughts #0480

This world is designed to favor the elderly. Gaining experience through trial and error first means that you have a competitive advantage over latecomers. It also occupies an advantageous position in social organization. This is the advantage that arises from being the first to start. However, the statement that 1 plus 1 equals 2 can be understood without any experience; it serves as an analytic proposition that can be known by reason compared to the aforementioned experiential proposition. In other words, in the realm of analytic propositions, the advantage of being older does not hold much weight. The world needs both experiential propositions and analytic propositions, but experience is not always essential. - Joseph’s “just my thoughts”

Just my thoughts #0474

If I’m poor now, it means I’m more likely to become poorer in the future. Statistically, that’s the case. If you don’t have the money to go to the hospital now and you don’t seek treatment, you could suffer from cancer in the near future. Paying now reduces the risk of greater expenses later. Consequently, the rich can purchase the same goods or services at lower prices than the poor. The same principle applies to knowledge and health. Interest is a cost. If you don’t acquire knowledge, interest will accumulate, and if you neglect your health now, interest will also increase. We often forget that an expense is revenue for someone else. - Joseph’s “just my thoughts”

Just my thoughts #0250

Trust acts as glue, binding individuals’ needs, while money operates like a magnet; when distance is introduced, it attracts unwanted elements. Essentially, trust enhances efficiency, whereas money, in the absence of trust, leads to avoidable expenses. When money substitutes for what trust should fulfill, inefficiency and waste significantly increase. - Joseph’s “just my thoughts”

Just my thoughts #0211

Now, let’s think about it this way. You have a pig. Your pocket will incur expenses to save the pig. If the pig gives birth to a baby, there are 12 more pigs. The cost of the stock feed increases further, but the total number of pigs increases by 13, and your assets rise. Assets are a means and measure of wealth, although they also increase costs. To achieve wealth, you need to acquire a lot of assets at a low cost. We call the increase in the number of pigs “production” in economic terms. That is, there must be production to obtain assets. Produce anything, whether you create services, compose music, or make a product. Without production, there cannot be wealth. - Joseph’s “just my thoughts”