Advertising
Advertising

Manage Your Time Like You Manage Your Money, Then You Can Work Much More Productively

Manage Your Time Like You Manage Your Money, Then You Can Work Much More Productively

When it comes to time management most of us try to be efficient by getting tasks done quickly or focusing on the short-term benefits. Everyone has 24 hours in their day but how well do we utilise these hours? A better way of engaging our time management effectively is to look to the long-term rather than what we can achieve in the short-term.

Budget control is all about saving our money now in order to invest and assist us in the long-term. To utilise our time, and learn how to be more productive, we need to apply this concept to our time management and create a better and more efficient way to invest our hours so that we reap the benefits later on.

Advertising

Time Assets vs Time Debts

James Clear describes the concepts of time assets and time debts. Just like assets and debts are applied to our finances, they can be applied to the way we manage our time to increase or decrease our ability to prioritise skills, create time and our overall productivity.

Time assets are the actions we take that impact our time positively in the future – in other words, the choices we make today that will save us time further down the line. Setting up automation systems to send reminders or publish blog posts is an example of investing time now to save time later on. Putting extra time and effort into covering all bases in an instruction document will save you annoyances and time explaining things down the line when your employees don’t fully understand it.

Advertising

Time debts are the actions we do that will rob us of time in the future, much like a financial debt. A common example of this are emails. For each email we send out, we assume that we will receive an email back at some point that will need answering. Therefore, the more emails we spend sending out, the more time we are taking away from ourselves in the future. It seems productive at the time because we feel accomplished for emptying our inbox, but we don’t think about the inbox filling up again the next day.

Make sure the tasks you do today are saving you time in the long-run. Don’t just think in terms of what you need to complete in the coming work day and ticking off your to-do list because that will eventually become never ending and repetitive. It may feel like you’re being productive, but you’re not necessarily investing in that pot of free time you’ll acquire later.

Advertising

How To Be More Productive Using Time Assets

There are many ways you can subtly implement time assets into your daily work life. Sit down and think of ways you can streamline your daily tasks. Are there ways you could do them differently?

  • Set up automation systems that send out emails, updates, blog posts, articles.
  • Set up scheduling systems that take out a lot of the back and forth dealings with colleagues and clients.
  • Make use of money tracking apps such as EasyCost to translate your work tasks into monetary terms so as to decide what you plan to do will lead to time debts or not.

At the end of the day, we all want to learn how to be more productive and so we must think of time assets as a system that takes away unnecessary work and works for us as an invisible assistant. If you constantly fill your day with time debts then no matter how productive you are or how hard you work, it’ll be the same every day.

Advertising

So when it comes to your 24 hours, be smart and use those time assets to create more time, productivity and efficiency in your work life!

More by this author

Jenny Marchal

A passionate writer who loves sharing about positive psychology.

How to Be More Knowledgeable Science Says Guitar Players’ Brains Are Different From Others’ Success In Reaching Goals Is Determined By Mindset How to Save a Bunch of Money Easily With This Simple Challenge 11 Killer Ways To Get Rid Of Roaches Without Harming You

Trending in Productivity

1 How Do You Change a Habit (According to Psychology) 2 How to Find Your Keystone Habits to Change Your Life 3 7 Steps to Start Living Your Dream Life Right Now 4 10 Reasons Personal Growth Is Important No Matter Your Age 5 5 Learning Management Systems (LMS) for Effective Learning

Read Next

Advertising
Advertising
Advertising

Last Updated on November 15, 2019

How Do You Change a Habit (According to Psychology)

How Do You Change a Habit (According to Psychology)

Habits are hard to kill, and rightly so. They are a part and parcel of your personality traits and mold your character.

However, habits are not always something over-the-top and quirky enough to get noticed. Think of subtle habits like tapping fingers when you are nervous and humming songs while you drive. These are nothing but ingrained habits that you may not realize easily.

Just take a few minutes and think of something specific that you do all the time. You will notice how it has become a habit for you without any explicit realization. Everything you do on a daily basis starting with your morning routine, lunch preferences to exercise routines are all habits.

Habits mostly form from life experiences and certain observed behaviors, not all of them are healthy. Habitual smoking can be dangerous to your health. Similarly, a habit could also make you lose out on enjoying something to its best – like how some people just cannot stop swaying their bodies when delivering a speech.

Thus, there could be a few habits that you would want to change about yourself. But changing habits is not as easy as it seems, why?

What Makes It Hard To Change A Habit?

To want to change a particular habit means to change something very fundamental about your behavior.[1] Hence, it’s necessary to understand how habits actually form and why they are so difficult to actually get out of.

The Biology

Habits form in a place what we call the subconscious mind in our brain.[2]

Our brains have two modes of operation. The first one is an automatic pilot kind of system that is fast and works on reflexes often. It is what we call the subconscious part. This is the part that is associated with everything that comes naturally to you.

Advertising

The second mode is the conscious mode where every action and decision is well thought out and follows a controlled way of thinking.

A fine example to distinguish both would be to consider yourself learning to drive or play an instrument. For the first time you try learning, you think before every movement you make. But once you have got the hang of it, you might drive without applying much thought into it.

Both systems work together in our brains at all times. When a habit is formed, it moves from the conscious part to the subconscious making it difficult to control.

So, the key idea in deconstructing a habit is to go from the subconscious to the conscious.

Another thing you have to understand about habits is that they can be conscious or hidden.

Conscious habits are those that require active input from your side. For instance, if you stop setting your alarm in the morning, you will stop waking up at the same time.

Hidden habits, on the other hand, are habits that we do without realizing. These make up the majority of our habits and we wouldn’t even know them until someone pointed them out. So the first difficulty in breaking these habits is to actually identify them. As they are internalized, they need a lot of attention to detail for self-identification. That’s not all.

Habits can be physical, social, and mental, energy-based and even be particular to productivity. Understanding them is necessary to know why they are difficult to break and what can be done about them.

Advertising

The Psychology

Habits get engraved into our memories depending on the way we think, feel and act over a particular period of time. The procedural part of memory deals with habit formation and studies have observed that various types of conditioning of behavior could affect your habit formations.

Classical conditioning or pavlovian conditioning is when you start associating a memory with reality.[3] A dog that associates ringing bell to food will start salivating. The same external stimuli such as the sound of church bells can make a person want to pray.

Operant conditioning is when experience and the feelings associated with it form a habit.[4] By encouraging or discouraging an act, individuals could either make it a habit or stop doing it.

Observational learning is another way habits could take form. A child may start walking the same way their parent does.

What Can You Do To Change a Habit?

Sure, habits are hard to control but it is not impossible. With a few tips and hard-driven dedication, you can surely get over your nasty habits.

Here are some ways that make use of psychological findings to help you:

1. Identify Your Habits

As mentioned earlier, habits can be quite subtle and hidden from your view. You have to bring your subconscious habits to an aware state of mind. You could do it by self-observation or by asking your friends or family to point out the habit for your sake.

2. Find out the Impact of Your Habit

Every habit produces an effect – either physical or mental. Find out what exactly it is doing to you. Does it help you relieve stress or does it give you some pain relief?

Advertising

It could be anything simple. Sometimes biting your nails could be calming your nerves. Understanding the effect of a habit is necessary to control it.

3. Apply Logic

You don’t need to be force-fed with wisdom and advice to know what an unhealthy habit could do to you.

Late-night binge-watching just before an important presentation is not going to help you. Take a moment and apply your own wisdom and logic to control your seemingly nastily habits.

4. Choose an Alternative

As I said, every habit induces some feeling. So, it could be quite difficult to get over it unless you find something else that can replace it. It can be a simple non-harming new habit that you can cultivate to get over a bad habit.

Say you have the habit of banging your head hard when you are angry. That’s going to be bad for you. Instead, the next time you are angry, just take a deep breath and count to 10. Or maybe start imagining yourself on a luxury yacht. Just think of something that will work for you.

5. Remove Triggers

Get rid of items and situations that can trigger your bad habit.

Stay away from smoke breaks if you are trying to quit it. Remove all those candy bars from the fridge if you want to control your sweet cravings.

6. Visualize Change

Our brains can be trained to forget a habit if we start visualizing the change. Serious visualization is retained and helps as a motivator in breaking the habit loop.

Advertising

For instance, to replace your habit of waking up late, visualize yourself waking up early and enjoying the early morning jog every day. By continuing this, you would naturally feel better to wake up early and do your new hobby.

7. Avoid Negative Talks and Thinking

Just as how our brain is trained to accept a change in habit, continuous negative talk and thinking could hamper your efforts put into breaking a habit.

Believe you can get out of it and assert yourself the same.

Final Thoughts

Changing habits isn’t easy, so do not expect an overnight change!

Habits took a long time to form. It could take a while to completely break out of it. You will have to accept that sometimes you may falter in your efforts. Don’t let negativity seep in when it seems hard. Keep going at it slowly and steadily.

More About Changing Habits

Featured photo credit: Mel via unsplash.com

Reference

Read Next