I would like to start by saying that I really liked this piece of writing as it introduces and explains the notion of time preference which most of us are not aware of. We do have a general understanding that what we do today may affect the future but not in so much depth as to realized how important is to be mindful of how leaning towards a high or low time preference can steer our lives in two opposite directions one where, as your dad said, we remain in the same place years later; and the other one where we evolve and create the best future possible. Today I tried to explain the concept to a 7 years old, daughter of a friend, while helping her prepare for a spelling test... when she was losing her patience...not sure she understood me but I'll continue explaining it until she will. Reading this post was a little bit of an eye opener for me and hope it will help both my personal and professional life. Thank you for sharing!
I would like to start by saying that I really liked this piece of writing as it introduces and explains the notion of time preference which most of us are not aware of. We do have a general understanding that what we do today may affect the future but not in so much depth as to realized how important is to be mindful of how leaning towards a high or low time preference can steer our lives in two opposite directions one where, as your dad said, we remain in the same place years later; and the other one where we evolve and create the best future possible. Today I tried to explain the concept to a 7 years old, daughter of a friend, while helping her prepare for a spelling test... when she was losing her patience...not sure she understood me but I'll continue explaining it until she will. Reading this post was a little bit of an eye opener for me and hope it will help both my personal and professional life. Thank you for sharing!
Thank you very much Minodora. It is very interesting to see how this resonated with you and how it translates into both personal and professional life
This is not an intuitive concept to grasp because all our lived go in general in the opposite direction! But one very important to reflect on