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”
Maturity doesn’t equate to being old and worn out. When I was younger, I shouted my words at the world, hoping it would recognize them. As I’ve matured, I’ve started to listen to what the world has to say to me instead of merely expressing my own thoughts. The world’s voice, which I hadn’t noticed before, becomes oddly clear to my ears. As I grow older, I find that I can’t hear the world’s voice. I don’t hear it because I enthusiastically spoke out when I was younger, and I don’t hear it again in my old age due to a hearing impairment. Life teaches us to perceive authentic sounds from outside rather than from within, and this awareness lasts only a brief moment. That’s the mystery of life. - Joseph’s “just my thoughts”