Debt is not inherently bad; it belongs to someone else. The goodness or badness of debt depends on the circumstances, terms, and conditions of borrowing, and it is not necessarily negative. Debt should be acquired when I have a stable income or additional profits to invest, rather than for consumption. However, you should avoid using it for highly volatile investments, such as cryptocurrencies or stocks. You need to control the debt; it is considered good when you can manage it under conditions that allow you to repay both the principal and interest. The advantage of debt is that it provides the opportunity to grow faster than others in a competitive environment. Debt belongs to someone else. This is the key. - Joseph’s “just my thoughts”
Fragrances that only capture pleasant scents lack appeal. A combination of bad scents is necessary to create a pleasing aroma. Just having good elements doesn’t ensure quality, and similarly, having bad elements isn’t necessarily negative. This concept is referred to as “bistability.” Emotions operate comparably. If you laugh in any situation, people may perceive you as a psychopath. On the other hand, being treated as depressed when feeling down is common too. Yet, when the contrast between mania and depression is too pronounced, mental health suffers. It’s essential to develop both positive and negative emotions. Like a beautiful landscape where good and bad elements coexist and balance one another, emotions should reflect a similar harmony. - Joseph’s “just my thoughts”