Om Anand Om,
We are here on planet earth to clear our past bondages by way of learning, understanding, experiencing and moving ahead.
Past Bondages are our past incidents where we felt hurt by some action of self or others and we could not handle the situation properly. The situations can be from current-past from the time we started to understand the people/places/situations around us or could be from current-current - i.e. from recent past.
Healing those past situations which creates bondages and draining our energy is important else we keep struggling moving ahead on career, health, wealth, relationships etc. As the energy that is needed for one to move ahead or attract better situations, outcomes is simply not there due to the past bondages.
Any bondage creates energy leakages causing present to be more challenging, hence healing the past bondages at emotional, mental and soul levels is important.
This process can be repeated when you feel heavy emotionally or too burdened. The more you clear your past the better the situations will become in your present.
Om Anand Om