Debt: Not Just About Money

Debt doesn’t always necessarily mean obligation to pay back in monetary terms. A big chunk of our debt is social.

When we accept a favor, we are obligated to pay back. As it usually is when taking money from someone, accepting a favor is equally tempting because of the lure of instant gratification. But over time, this may come back to bite us hard. Just like compounded interest on debt, the recurring nature of social obligation may go on to be too pricy for our liking in the long run.

Careful with what you accept as a favor.

More Essays

One Comment

Add yours →

  1. Couldn’t have agreed more.

    Like

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: