It would be wise and responsible of you to make informed decision about things that will affect your life. It’s rather unwise and irresponsible to avoid making conscious decision about how you choose to spend your time.
As children, some of us had the luxury of not having to make complicated life decision, but as adults we should not be trying to avoid this type of responsibility.The days of putting off things that we are either not good at or don’t like doing are long gone, it’s time to step up and be an adult!
As the days become shorter and shorter, it is pretty obvious that you want to be somewhat selective about how you spend your time.
In this fast pace world we live in, sometimes we don’t have much choice but to plan our days very efficiently, sometimes even up to the minute. When planning how you spend your time, it is important to consider short term and long term goals.
Naturally, you may want to tackle task you are most comfortable with. Is this procrastination or efficient us or your time? If you are certain you are prioritizing task that’s good, if not you may be procrastinating.
Learn to Identify "Needs" vs. "Wants"
Even though putting things off is not a good habit, some responsibilities are more critical than others. Take for example the household finances, this is an area where if you continue procrastinating there can be serious consequences.
Even though this is arguably one of the most important responsibilities in our lives, it is not uncommon for people to be very lax when it comes to paying the bills. For some strange reason, some people will delay paying rent to buy a new pair of sneakers. Or buying a new hand bag before making sure the electricity stays turned on.
Sometimes we delay payment on essential expenses at the expense of buying non essential stuff. This behavior is commonly known is “living beyond your means”, and for the sake of argument is synonymous with procrastination…doing less important things while avoiding important things.
Accepting the fact that you have to live within a budget that affords a certain way of life is a harsh realization for some of us, especially, when we are bombarded with advertisements everyday telling us that we need to buy everything from smoked sausages to flights to the moon. It’s important that we don’t get caught up in all the commercials trying to take all of our consumer dollars.
These marketing ads are very clever at convincing us that what they are selling is a necessity. They have to present it to you in this manner, because if they told you it’s what you "want", you probably wouldn’t buy it. Be sure you know the different between things you really need and things you strongly want. If you get those two things confused, you are surely on you way to a bad financial future. This will inevitable lead to the accumulation of bad debt.
Use The Money Mass Balance
Sometimes staying out of debt can be as easy as doing a simple “money mass balance”. Basically, the equation looks like this “money in – money out + money generated = money accumulated”. Your ultimate goal is to have money accumulated be “positive” and not “negative”, in order for this to happen“money in” has to be greater than “money out”. When your “money out” starts to become greater than your “money in” you will probably start borrowing against credit to obtain things you need.
Once you get behind and start borrowing, it is very tough to climb out from under that debt. Even though you may need to borrow money from time to time, that does not mean you have bad money management skills.
Depending on your situation, it may make sense to borrow money to pay for something. There is not a lot of us who can afford to pay cash for a home; therefore, it would make sense to take out a mortgage for the home. The trick is to figure out how much you can comfortably pay each month toward the mortgage, without neglecting expenses such as groceries, utilities, and savings.
Just as any bodybuilder works out to maintain a lean muscular physique, you should learn to practice fiscal fitness so that your bank account gets “beefed up”. Maintaining a positive savings account requires conscious effort on your part. You have to continuously be aware of upcoming expenses and also anticipate unexpected expenses.
If you aren’t consciously keeping a watchful eye on these matters, you are probably unknowingly avoiding these kinds of responsibilities. If you don’t critically examine your financial situation it will be very hard for you to make informed decisions that are in your best interest.
Fear of Failure Prompts Procrastination
Being informed and making conscious decisions is not only applicable to financial management. In fact, some of us avoid making decisions when it comes to just about everything.
Have you ever been to a restaurant with someone who takes forty five minutes to order dinner? Instead making a decision and living with it, some people will not make a decision at all. Depending on the situation, this can have huge negatives implications. As discussed previously, it has been suggested that fear of failure may be connected to procrastination. The explanation is, we become very anxious about tasks we think we will not do very well.
For people who suffer from severe procrastination, the panic is enough to stop them from doing something all together. Procrastination resulting from a fear of failure is expected, but you probably wouldn’t anticipate someone procrastinating on account of them being afraid of success.
Although this seems out of the ordinary, there may be a strong connection between fear of success and putting off tasks. With increasing success comes increasing responsibility which demands more energy and time.
Even though you responsibility has been augmented, your time has remained constant. Not to mention the responsibilities you had before you success. Whether fear of failure or fear of success, fear is an emotion and that emotion signals a chemical and sometimes physical response within our bodies.
When we are experiencing anxiety it may not always be apparent where that tension stems from. But one thing is for sure, when the anxiety stems from fear of failure your body automatically tries to find something to do other than the task that initiates that fear. That’s why when you are trying to complete a task where your ability is questionable; you will almost always find something else to do.
You begin to engage in an activity all of us are all too familiar with and that is replacing critical task with non essential task. Examples of this would be checking your e-mail, looking up something on the internet or taking out the garbage. You convince yourself that these things are of the up most importance, and just about anything that will take you away from the task at hand will do.
It’s obvious you want to put off failure as long as you can and at whatever cost. Because to face this failure means you may have acknowledge that you're probably imperfect, unreliable, unskilled and most likely will leave you with a feeling of embarrassment. Severe fear of failure can be linked to all types of serious emotion and mental problems. Luckily for most of us our fear is not that deep, typically we just need a swift kick in the butt to mitigate our procrastination, so we can get going on things we know we need to do.