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.

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  1. Couldn’t have agreed more.


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