If you are a person who wastes time, procrastinating on your most important tasks and leaving everything for the last moment, you should know Parkinson’s Law, one of the most important laws related to productivity and time management.
This law is about a set of principles that explain why we waste time or why we procrastinate important tasks. This law was enunciated in 1957 by Cyril Parkinson, an Englishman who worked in a British public office and who realized that, each year, the number of jobs increased between 5 and 7%, although work continued to be the same or even less.
Next, we are going to offer you the 3 key principles on which this law is based so that you can put it into practice to manage your time and thus be able to achieve your goals.
According to Parkinson’s Law, the complexity of a task expands to fill the time available to perform it.
If you have a week to do your homework, you will surely spend the whole week and not finish it until the last day. This is totally verifiable. This occurs due to two variables: time and effort.
When we have little time to do something, the effort is very great. However, as the time available to do the same activity increases, the effort becomes less and less, which leads you to waste time. So it can be said that your mind adapts to the time you have.
That is why it is very important to put time limits on your tasks, projects and goals. If you don’t, it will take much longer to get them.
The time spent on a topic is inversely proportional to its importance
Sometimes, at the end of your day, you may not have stopped but feel like you haven’t done anything important. This is because we tend to fill our day with many small tasks that keep us very busy but are not really important tasks that move us forward. Therefore, it can be said that being busy all day does not mean that you are a more productive person.
That is why, according to Parkinson’s Law, you must define specific objectives and plan your week by choosing the most important tasks.
Do you think that if you earned more money you could travel more, save more and live better? Parkinson’s Law gives the answer
Regarding this question, Parkinson’s Law is clear and the answer is “no”, since the expenses increase until they cover all your income (and it can be said that even more). As with time management, what you are not managing well is our money, regardless of your income.
To solve this, put limits on yourself, set aside a percentage of your salary for savings. You can schedule an automatic transfer and that money goes to another account from which you do not have a card and cannot spend. When you earn more, increase your savings, not your expense item.
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