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”
I don’t write because I know something. The more I write, the more I discover. Our brain’s thinking circuits and our writing circuits operate differently , and when we write, our various perspectives start to process things we previously only thought about. When we write, the action that remains as a graphic and continues to stimulate our eyes also influences our thinking. Training to think and understand a concept requires using several thought tools . Write every day without exception . It’s perfectly fine if you don’t do it stylishly, and it’s okay if you don’t write a lot. Write because the act of writing itself provides a fresh perspective on your thoughts. - Joseph’s “just my thoughts”