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”
If a planner becomes attached to the work they plan, it is easy to lose their objectivity . To be a planner, one needs to step back and view the work from a third-person perspective without getting caught up in the planning process . The cost of a project that has lost its objectivity is severe and leads to regrets. However, it is not too late to develop attachment after evaluating the planning results. Creators must work with attachment, but planners need to remain objective to maximize their chances of success. Adhesives are only useful when sticking different materials together; in other situations, nothing is more inconvenient than glue . In planning, attachment functions similarly. - Joseph’s “just my thoughts”