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Showing posts from February, 2023

The mental devices for time management

Time management has been one of the focal points in management literature for a while. With ever-increasing awareness, most people, rightly look for ways to improve their time management skills. Time along-with health are our most critical resources. If we have both, we can always find ways to meet other needs healthily. We need mastery of two skills for time management -  1. Ability to prioritize tasks 2. Ability to complete the tasks on time! (I will re-write this by the end of this post) The Theory of prioritization There are numerous YouTube videos which explain how to prioritize tasks. The Eisenhower matrix provides a solid framework for prioritization. It decouples importance and urgency. In very simple words, it says prioritize important but non-urgent things over unimportant things. It is theoretically sound, however it is not motivational enough to get you to complete the tasks. Take the example of taxes, a lot of people wait for the last moment to file taxes even though t...

Translating the compounding equation

  I have always been fascinated by symbols. A corner of my brain is occupied interpreting meanings of symbols, equations, etc. Something simple could reveal a lot, it is largely a matter of perception.  Take the example of  the compounding equation. It says A = P*(1+r)^n. This is probably the most famous expression used in finance. A is the amount, P is the principal, r is the rate, n is the number of years. It does indeed mathematically produce a result that is much higher than the principal. However, Is this just a matter of an algebraic expression ? The problem with this approach is abbreviation. I have never been a fan of abbreviation, one - it keeps everything open to interpretation, two - different valid interpretations can have very different meanings.  Let me re-write the equation to simplify it; Result = Input*(1+ rate of interest)^time factor. Doesn't that widen the scope of understanding a little bit ? Input = Effort Interest = Attention Time factor = Pati...

Antidotes to stress

I did feel some amount of stress last week, the reason was not clear to me. By stress I mean, a physiological perception of uneasiness. Everything organically is okay, but certain situations make us react different to our normal selves. There was a lot going on at work and at school, but I was mentally prepared, and it typically has not stressed me before.  I had to resort to my own method that I had written about it previously here -  Getting a Reset  - to figure out.   When I sat down and had my contemplation, I realized that I did not handle some difficult situations with my normal humility. Small traces of which slipped into my casual conversations as well. Everyone has a different reference point because it is subjective, but I did breach mine. That was keeping me uneasy. Once I realized it, and had knowledge on  how to fix it, I became peaceful again. You can't buy peace, it is manufactured within!  Two of the antidotes to stress are - (i) fearle...