Acharya Prashant explains that the mind naturally deletes information that is not important, which is essential for maintaining sanity. He points out that trying to forget someone or something is actually a dishonest way of remembering, as the effort to forget makes the subject important. Once the mind labels something as important, it becomes impossible to forget. He emphasizes that good and bad memories are two sides of the same coin; one cannot retain pleasant memories while discarding unpleasant ones because their significance is interdependent. He further clarifies that the mind only stores what it deems significant, whether it is a traumatic accident or a joyful encounter, while ordinary events are forgotten. Acharya Prashant advises that instead of struggling with specific memories, one should realize that no past event deserves such seriousness. He asserts that only the present moment is truly important. While functional memories like passwords are useful, living in the past or clinging to memories for satisfaction is described as a form of sickness. True freedom comes from seeing that memories are not important and focusing entirely on what is happening in the present.