A ‘transaction’ is an act of debt between parties. The seller owes goods to the buyer (performance debt), and the buyer owes money to the seller (monetary debt). A transaction is considered complete when the debt is settled and the promise to owe each other is called a ‘contract.’ Thus, a good trader or businessman excels at making and repaying debts. When it comes to debt, the type of debt matters. Anyone who misjudges this should not engage in business. - Joseph’s “just my thoughts”
The Awakening Formula: [Mine = all of my properties - borrowed - inherited - gifted - stolen - cheated out of]. If you exceed this “mine,” it’s time to wake up. All economic activities should commence with the amount you consider to be a genuine “mine.” It is essential to view it as a sin to enjoy anything “first” or “more” than that. Caring for what belongs to you is the initial step toward success and the foundation of life. - Joseph’s “just my thoughts”