We All Tend To Make The Same Mental Mistakes

This bias addresses why we do unimportant tasks we think are time-sensitive over tasks that are not time-sensitive, even if the non-time-sensitive tasks provide greater rewards.

How to overcome this bias:

• Use the Eisenhow...

We want to finish what we've started because of previously invested resources, even if it is better to quit and use our limited resources elsewhere for better returns.

What you can do about it:

• Every decision has two costs...

We quickly return to a relatively stable level of happiness despite positive or negative external events. We pursue a promotion and believe it will make us happy. When we get it, we are temporarily happier, only to get back to our baseline levels the next week.

We tend to choose a smaller, immediate reward over a larger reward in the future. For example, playing video games is more enjoyable than writing or coding or designing.

What you can do about it:

• Help your future self...

We are inclined to believe that complex solutions and explanations are better than simple ones. The perception of complexity often leads to avoidance.

What you can do about it:

• Instead of seeking to understand a concept fully,

We tend to underestimate the time it will take to complete a future task despite knowing that previous tasks have taken longer.

What you can do about it:

• Break projects down into smaller parts and estimat...