This quote is a witty observation on the nature of creditors (those who lend money) and their adherence to set schedules and deadlines. Benjamin Franklin uses the term “superstitious sect” to highlight the almost religious fervor with which creditors observe due dates for the repayment of debts. The “set days and times” refers to the rigid schedules and deadlines that creditors impose for repayments.
The phrase “superstitious sect” also implies that creditors are bound by a certain set of beliefs and practices, much like a religious group. These practices may not always be rational or flexible, but they are strictly adhered to, often out of fear of the unknown or the unpredictable. In the context of creditors, this could refer to the fear of not being repaid, of losing money, or of the debtor defaulting.
Applying this to the contemporary world, we can see that this rigidity and adherence to schedules is still very much a part of the lending industry. Banks, credit card companies, and other financial institutions have strict deadlines for repayments and can impose heavy penalties for late or missed payments. This can be seen as a form of ‘superstition’ as it is a practice that is followed without exception, regardless of individual circumstances.
In terms of personal development, this quote can be interpreted as a commentary on the importance of respecting deadlines and commitments. Whether it’s in our personal lives or our professional lives, we often have to adhere to certain schedules and deadlines. While it’s important to be flexible and understanding, it’s also crucial to maintain discipline and respect for these set times. This can help us manage our time better, meet our commitments, and build trust with others. It’s about finding a balance between being rigid and being flexible.
Furthermore, the quote can also be a reminder to not let fear or ‘superstition’ guide our decisions or actions. Just as creditors might be overly rigid due to their fear of not being repaid, we too might stick to certain routines or habits out of fear of the unknown. It’s important to be open to change and not let fear or superstition hold us back.