If you consider yourself a powerful and effective worker, you may be underestimating how long it will take you to get your business done. Recent research suggests that powerful people can be overly optimistic about the time it takes for them to accomplish tasks - and therefore less likely to make an accurate prediction. The error rate for these so-called "powerful people" can reach up to 70 percent.
Interestingly, people often underestimate the time it takes to accomplish tasks. This bias is known as the planning fallacy and derives from a too-narrow focus on the envisaged goal. The more people focus on what they want to achieve, the more they tend to neglect impediments, previous experiences and task subcomponents that are not readily apparent. As a result, time predictions are often inaccurate and too optimistic. Power tends to increase people's focus on intended outcomes. Although this can be beneficial, in the context of time planning we reasoned that power would lead to greater
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If you consider yourself a powerful and effective worker, you may be underestimating how long it will take you to get your business done. Recent research suggests that powerful people can be overly optimistic about the time it takes for them to accomplish tasks - and therefore less likely to make an accurate prediction. The error rate for these so-called "powerful people" can reach up to 70 percent.Read More »from Why You Might Be Underestimating Your Time
The first step in planning your wedding is deciding on a budget, and the most important part of budgeting is setting your priorities. Whether you're dreaming of a five-course meal or a designer dress, most brides I know all had one splurge in common: the photographer. Wedding photos are the most lasting part of your big day (aside from the memories, of course!), so it's important to do them right. But that doesn't mean you have to spend a small fortune to do so. Read on for ways to get beautiful photos on a tight budget.
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If you've hopped on the Spring-cleaning bandwagon take note: Training yourself to play with all those fancy buttons and think about the big picture can reap sizable long-term savings. The average home spends about $1,900 a year on energy costs, according to the Consumer Energy Center. Here are some of the CEC's most simple tips for cutting that bill and using your appliances wisely:
- Do your laundry efficiently by using the warm or cold water setting for washing your clothes. Always use cold water to rinse clothes. (Save: 4 percent)
- Line dry clothes whenever you can. (Save up to 5 percent)
- When you need to use the dryer, run full loads, use the moisture-sensing setting, and clean the clothes dryer lint trap after each use. (Save: 0.5 percent)
- Conserve energy by running your dishwasher only when it is fully loaded, and turn off the dry cycle and air dry dishes instead. (Save: 1 percent)
10 Simple Ways to Go Green and Save Green
How Much Water Runs Down Read More »from 4 Tips For Saving Money While Doing Chores
- SavvySugar | Work + Money – Tue, Apr 6, 2010 6:51 PM EDT
You've said yes, slipped on the ring, and called your family and best friends to share the news. But come Monday morning, it's time to tell the people you spend 40-plus hours a week with about your newly-engaged status. Sharing the news with your closest work buddies is a no-brainer; they'll be excited for you, and may even be invited to the wedding. But even co-workers you're not close to will need to know at least the bare minimum about your impending nuptials. Getting married involves taking time off, leaving during the day for fittings and appointments, and often changing your name and address - all developments your co-workers and boss should be aware of. To find out five things you should take into consideration when deciding how to announce your engagement at work, read more.
- The size of your office: In a smaller office, it's important that you fill everyone in on your news right away. If you only work with 10 people, and two of them find out a day later than everyone else,
As we grow older it's hard not to giggle over the passing of time and realization that most of us are just taller, grown up versions of that little girl in tapered jeans who felt shy presenting in front of her class. Sure, our fashion sense, skin, self-confidence and business savvy have improved over the years, but the major rules and coping tools for daily life are still very much the same. I recently leafed through the Girls' Life Ultimate Guide to Surviving Middle School and flat out LOLed over the fact that the advice for today's pre-teens mirrors the career advice I share with friends and SavvySugar readers. Maybe it's true what they say: the more things change, the more they stay the same. To see how, keep on reading.
- Timing Is Everything -
- Girls' Life Ultimate Guide to Surviving Middle School says: "Never before has time management been so mega-important in your life. Planning ahead, spacing out assignments, making the most of very hour in your day will
Some worker bees like to keep their time at the office strictly business, while others see work as an opportunity to meet new buds. If you fall into the latter group, you know that discovering new friends in an office environment can be tricky to navigate. Don't fret, I have some tips for initiating new relationships that might just turn co-workers into friends.
- Give Compliments - It's the little things that count. When passing a co-worker in the hallway, go beyond the average hello. If her shirt is a great color on her, let her know, and if she's wearing killer shoes, don't keep your thoughts to yourself. Compliments can go a long way when it comes to making friends.
- Invite Someone to Lunch - If you want to make friends, you need to be proactive. Ask someone to join you for a lunch out, or take advantage of a nice day and invite your potential friend to bring her brown bag outside and join you for the hour.
- Stop and Chat - Bosses actually like to see that
- SavvySugar | Work + Money – Tue, Mar 30, 2010 6:39 PM EDT
Let's just say that finding something stinky or soiled in your suitcase when you arrive at a destination is not the way to kick off the vacation (especially if everything was clean before you left home). Since a smelly opening could happen to any of us, see five smart ways to keep your stuff safeguarded and staying great during the packing process.
- Stack softener sheets for potential smells. While loading, add in a few fabric softener sheets in between layers of clothing. Even clean goods can smell musty inside a closed suitcase, and this step keeps everything fresh in there . . . and can accompany the outfits into drawers upon arrival.
- Put shoes in socks. For flipflops and other flat sandals, grab an oversized pair of socks and place the shoes inside them. This simple step keeps the grit off your clothing and makes them easy to match mates, too.
- Put shoes in bags. If you have comfortable-thus-essential shoes that don't smell so great, seal each shoe in a
It might seem cruel, but time after time I've heard hiring managers admit they decide whether or not an applicant is suited for the job 15 minutes into the interview. Chemistry plays a huge part in the success of an initial meeting, and while you may not be able to control the laws of nature, you can certainly follow the rules of what not to do. Refrain from doing any of these eight things during your next interview.
- Slandering a Previous Employer - Speaking badly about your previous employer will only shed a negative light on you as an applicant. When asked about your last job or the management style of your old boss, use restraint and discuss what lessons you took away from the experience.
- Arriving Late - Showing up past the start of your scheduled interview time is hardly fashionable. Punctuality is a must when you're hoping to make an impressive first impression.
- Using Cliches - Hiring managers have interviewed countless individuals and hate when they can
While money concerns top work stress, time spent in the cubicle and on the clock has a way of grinding away at even the most well-balanced person's gears. If your workplace anxiety and anger require more than a bubble wrap session try these healthy stress-relieving tactics.
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As that old cliché goes, "Money can't buy happiness." Sure, spending on something swell puts a smile on your face in the short term, but chances are you've bought an item that you've had second thoughts about later. But what about vacations, dinners out, or other experiential purchases? Study after study - eight of them, in fact - show people gain more pleasure (and are generally more satisfied) by spending on an experience vs. a material good. On the surface level, it makes sense. I'm less likely to recall and mull over restaurant splurges that weren't up to par than that tinge of regret upon seeing an impulse buy each time I open my closet. Learn some of the findings when you .
- It's easier for us to decide on an experiential purchase than a material one.
- We tend to think of experiences more on their own terms, rather than in comparison with other things.
- We're more upset if we learn that someone else got a better deal, or that a