Full transcript
0:00My father said he would start
0:01exercising this year . But he didn't
0:03sign up for the local gym , saying
0:0460,000 won a month was a waste . He said
0:06, " Walking around the park a few times
0:07is exercise enough . " However , if it
0:08rained , it was because of the rain ; if
0:09it was hot , it was because of the heat ,
0:10so my father was always lying on the
0:11sofa . After half a year , his knees
0:13began to ache and his energy declined .
0:14Then one day , an ad came on home
0:16shopping claiming that taking this one
0:17thing would bring his joints back to
0:19life . Without hesitation , my father
0:21paid 480,000 won . He thought 60,000 won
0:23was a waste , but 480,000 won was not .
0:25The philosopher Schopenhauer said :
0:27People believe what they want to
0:28believe rather than the truth . The
0:30reason low-income parents can't save
0:32money is not just because of their
0:33income . It is because they have it
0:35backward regarding where to spend and
0:36where to save . The places to spend are
0:38where returns are slow but certain , and
0:39the places to save are where returns
0:41are fast but nonexistent . But the slow
0:42path requires my sweat , while the fast
0:44path only requires paying money . So
0:46people save money that requires sweat
0:48and spend money that avoids it . They
0:50skimp on education but buy lottery
0:51tickets , avoid savings accounts but buy
0:53volatile stocks , and skip exercise but
0:55buy health supplements . However , those
0:56who are stingy about the slow things
0:57will inevitably lose money on the fast
0:59things their whole lives . So before you
1:00open your wallet , make sure to ask
1:02yourself . What is this money for ? Money
1:04paid to avoid sweat has never once
1:06returned to you .