Time is wiser and smarter than humans. The reason a regular income is necessary for escaping poverty is to fully utilize time’s value. If a person without a regular income invests, they must invest with money that cannot afford to wait, which forces them to spend the investment funds while waiting for the right opportunity. This may lead to missing a good investment. If the person has already invested, they might not be able to wait to recoup their investment, resulting in debt to others. Individuals who struggle to use their time effectively due to insufficient assets must generate a regular income unconditionally. The reason for having ample assets is to buy time. - Joseph’s “just my thoughts”
The scariest people in the world are those who truly know themselves. It may sound easy, but few understand what they excel at and what they prefer. The same goes for occupations. Someone may seem to know their job well, yet they might not fully grasp what they’re doing. What potential exists—whether the job is suitable for the times, if you’ve chosen the wrong market, or who the right partner is for you? The fact that many rarely start by understanding themselves means they often spend time without gaining much insight, even as they struggle hard. - Joseph’s “just my thoughts”