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Future Time: Planning Fallacy

We show optimism towards future time, when we are in a delusion of ‘planning fallacy’, believing we have more time in the future. Our current mindset is a forecast on how we would be doing in the coming days, and if we are busy, stressed out and confused now, that’s how the next few days will look.

We need to be deliberate with our free time, if we want to be really fulfilled and time-affluent.

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831 reads

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Time Traps: Wasting Precious Time

Time traps happen when we don’t value the hours that are available to us, and waste the free time that we have earned using technology and lifestyle conveniences.

We value our comfort but have no idea on how to value the limited number of days we have in our lives. The res...

253

1.24K reads

The Autonomy Paradox: Technology Interruptions

Technology has made many changes in our lives that save us a huge amount of time, yet the same technology takes away the extra time, something known as the autonomy paradox.

Our devices, with their constant notifications, are taxing our cognitive abilities, making our attention an...

221

957 reads

Being Busy Is What We Do

Many, if not most of us, try to find purpose in our work, pursuing an enjoyable, meaningful career. Factors that tilt the scales towards focusing exclusively on work are financial insecurity, peer pressure and social appearance.

Being busy makes us feel good and confident, and if ...

200

758 reads

The Importance Of Being Idle

The biggest paradox is that while everyone wants to relax, nobody can really relax. People start to feel bored and stressed out when they go on vacation or while during recreational activities. The truth is that we cannot be left alone with our thoughts.
Being always connected with the world, ...

223

781 reads

The Value Of Time

Money is tangible and easily calculated. One can see how much money they have and figure out the net worth in minutes. Time, on the other hand, is intangible and its value not easily measured. Almost as a reflex action, most of us prefer saving money instead of s...

209

890 reads

Time And Money

  • We are taught right from the beginning that money is important, and time, not that much.
  • The exact amount of money after which it no longer increases happiness is about $60k, according to an extensive global study.
  • Money does not provide real joy, and is just an essential...

216

1.05K reads

We All Are Time Poor

Most of us are ‘time poor’ and have deep-rooted habits, priorities and belief patterns that are no longer relevant. We always feel rushed and are in misery as we become less productive, less happy due to our constant running against time.

Time poverty is not just a first-w...

222

1.43K reads

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franciscoaw

Life goes by fast. I learn about how to make most of it.

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The Planning Fallacy

The Planning Fallacy

We all have busy schedules, but we are incorrectly planning our day around the time we have, not around priorities.

Our estimates on how long certain tasks will take are almost always not realistic.

Counteract the Planning Fallacy

When you start to schedule your tasks, you may be too optimistic about how much you can get done. You may take on too much work or get stressed when tasks take longer than you expected.

To counteract the Planning Fallacy:

  • Work in a buffer into you...

The planning fallacy

The planning fallacy

The planning fallacy is the likelihood to underestimate the time it will take to finish a future task despite knowing that similar projects have taken longer in the past. For example, writers underestimate how long it will take to complete a novel; product managers miscalcula...

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