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”
As contemporary science advances, it reveals that the brain characteristics of men and women are not strictly defined by gender. Even though there are anatomical differences between male and female brains, research continues to indicate that intelligence does not vary. The characteristics of men’s and women’s brains do not account for the differences in abilities between genders. Instead, a growing body of research suggests that what was once thought to define male or female brain characteristics is now seen as more fluid. - Joseph’s “just my thoughts”