In economics, we discuss something called a utility curve, basically a utility curve maps the point of indifference between different options. For example, would you rather have $1,000 or $1,000 in a year from now??? Obviously you'd rather have the money now. What about $1,000 vs $1,005 in a year? Still probably the present cash sum. What about $1,000 or $10,000,000,000 in a year? Obviously you'd choose the latter as they would change your life significantly... but do you see what I did there? I just plotted a utility function. There is a certain future-value of money that would motivate you to choose the money in the future vs the money now, depending on your TIME PREFERENCE, this will impact where you stand. Someone with a HIGH-TIME PREFERENCE will require a larger future-value of money to compensate them for waiting a year, because they want things here and now.
As an incel, we don't have a future. What happens here and now IS the most important. Debt is the inverse of investing. When you borrow money, you are creating a NEGATIVE CASH FLOW for every year until that's paid off, when you invest, you are GENERATING POSITIVE CASH FLOWS. When somebody calls me an idiot for borrowing money and spending it, I ask them.... "are you investing every dollar you have? No? Why not? Me choosing to enjoy in the here and now does not make me any more irrational than you choosing to do the same thing by not investing that dollar". It's not on principle they oppose what I do, only on practicality.
Someone isn't an idiot for being up to their eyeballs in debt, they have a different utility function and people need to understand that. I understand why men with family and children invest in their future, they have something to look forward to, we have no future. We have nothing.
As an incel, we don't have a future. What happens here and now IS the most important. Debt is the inverse of investing. When you borrow money, you are creating a NEGATIVE CASH FLOW for every year until that's paid off, when you invest, you are GENERATING POSITIVE CASH FLOWS. When somebody calls me an idiot for borrowing money and spending it, I ask them.... "are you investing every dollar you have? No? Why not? Me choosing to enjoy in the here and now does not make me any more irrational than you choosing to do the same thing by not investing that dollar". It's not on principle they oppose what I do, only on practicality.
Someone isn't an idiot for being up to their eyeballs in debt, they have a different utility function and people need to understand that. I understand why men with family and children invest in their future, they have something to look forward to, we have no future. We have nothing.
