Learn more about personaldevelopment with this collection
How to set achievable goals
How to manage time for personal and professional life
How to avoid distractions
Big decisions involve opportunity costs. Time is the price we pay for the choice we make.
Time is always a constraint as if we spend time doing something, we are not doing something else at that time. We can spend time in cultivating better habits than to unconsciously waste it daily doing trivial tasks.
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MORE IDEAS ON THIS
In the countless decisions we make, it is a good idea to focus your energy on less, considering the tradeoffs.
This makes us eventually make satisfying choices, that we can prioritize.
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Every decision we take, has a tradeoff, an opportunity cost. Instinctively we try the all-out approach, resulting in failure.
The real problem lies in our judgment of the opportunity cost.
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A tradeoff is inevitable in almost every decision we take, as we usually forego some opportunity or benefit in our choices.
Many people strive for everything and believe there are no tradeoffs.
Focussing on less can get you something but focusing on everything may get you nothin...
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It becomes impossibly hard to completely fine-tune and balance your work, family, health, relationships, friends and hobbies.
We may have to let go of one of the areas to be able to fulfill the others.
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The necessity of making trade-offs alters how we feel about the decisions we face; more important, it affects the level of satisfaction we experience from the decisions we ultimately make.
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We seem to think that the people around us have everything in life.
Tradeoffs in others take time to become apparent. Everyone lets go of something, making a sacrifice, to be able to focus, investing time and energy in what is important to them.
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CURATED FROM
IDEAS CURATED BY
Spending a large amount of time with someone literally causes you to pick up their habits. Choose your friends wisely.
Related collections
Other curated ideas on this topic:
When mulling over multiple choices, the quality of any option cannot be assessed in isolation from its alternatives. The price you pay (or the sacrifice you make, or the benefits you give up) for doing what you’ve chosen to do instead of doing something else is the opportunity cost.
Some of our daily to-dos should not require a constant daily effort and could be optimized further. Look for such habits and if the daily effort is straining you, look for other innovative solutions.
Time and Energy are limited resources, and as we grow, our habits may b...
Finding inspiration is a journey with no beginning or end. Like anything else, most of us can’t find real inspiration the first time we try.
Finding true inspiration is something that you’ve got to spend every day doing, a little at a time. So, bring it into your daily sch...
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