Time inconsistency - Deepstash
Time inconsistency

Time inconsistency

When we think about the future we want to make choices that lead to long-term benefits (“Yes, I'll save more!”), but when we think about today, we want to make choices that lead to short-term. immediate benefits (“I'll spend it right now.”).

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MORE IDEAS FROM Two Harvard Professors Reveal Why We Procrastinate

The answer to inconsistency

To beat procrastination and make better long-term choices, find a way to make your present self act in the best interest of your future self. You have 3 primary options:

  1. Make the rewards of long-term behavior more immediate.
  2. Make the costs of procrastination more immediate.
  3. Remove procrastination triggers from your environment.

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Changing your environment=the most powerful way to change your behavior

In a normal situation, you might choose to eat a cookie rather than eat vegetables. What if the cookie wasn’t there to begin with? It is much easier to make the right choice if you’re surrounded by better choices. Remove the distractions from your environment and create a space with better choice architecture. - James Clear

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RELATED IDEA

Procrastination is a lifestyle

20% of people identify themselves as chronic procrastinators. For them, procrastination is a lifestyle, albeit a maladaptive one. 

It cuts across all domains of their lives. They don't pay bills on time. They miss opportunities for buying tickets to concerts. 

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When tiny tasks become major irritants

We put off small jobs, like a quick email to a colleague or menial paperwork. We keep putting it off. We waste time thinking about how annoying the task is, but it does not go away.

These small tasks take up a considerable amount of space in our minds. But there are simple ways to bring them back to size.

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Procrastination is fundamentally an emotional reaction to what you have to do. The more aversive a task is to you, the more you’ll resist it, and the more likely you are to procrastinate.

Aversive tasks tend to: be boring, frustrating, difficult, lack intrinsic rewards, be ambiguous and unstructured.

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