This statement asserts that the only time we truly experience is the now. The past exists only as memory, a mental construct, and the future exists only as anticipation, another mental projection. Therefore, to seek reality, one must anchor oneself in the immediate experience of this present moment.

From the perspective of modern non-dual teachings, particularly as articulated by Eckhart Tolle in 'The Power of Now,' this is not merely a psychological observation but a pointer to the nature of consciousness itself. The "I" that remembers the past or anticipates the future is a construct of the mind, often identified with as the ego. This egoic self is temporal, bound by past conditioning and future desires. True awakening, or enlightenment, involves recognizing that your fundamental identity is not this temporal self but the formless, timeless awareness that is always present. This awareness is the ground of all being, the only true reality. The mind's incessant activity, its dwelling on what was or what might be, creates a veil of illusion, obscuring the radiant presence of the now. By disidentifying from the mental chatter and returning your attention to the aliveness of the present, you access this deeper reality.

In your life: Practice bringing your attention back to your breath or the sensations in your body whenever you find your mind lost in past regrets or future anxieties. This simple act is a gateway to experiencing the only reality that truly exists.