Think Clearly and Make Better Decisions
The sunk cost bias can make people literally waste their whole lives on. The good news is that the biggest step to overcome it is simply becoming aware of how it works.
Our minds set up many traps for us. Unless we’re aware of them, these traps can seriously hinder our ability to think rationally, leading us to bad reasoning and stupid decisions. Here are the 5 most harmful of these traps and how to avoid each one of them.
Boost your Brainpower
The Memory Palace is one of the most powerful memory techniques I know. It’s not only effective, but also fun to use — and not hard to learn at all.
There are several proven benefits in improving your vocabulary, but how should we go about learning new words in the most effective way? By using the following ten vocabulary-building strategies, you are guaranteed to develop a strong vocabulary and keep improving it every day.
Be Creative and Solve Difficult Problems
In The Medici Effect, author Frans Johansson explores one simple yet profound insight about innovation: in the intersection of different fields, disciplines and cultures, there’s an abundance of extraordinary new ideas to be explored. Click and check the full book summary.
There are some strategies we can use to dramatically increase the amount of ideas we generate. The Idea Quota is one of the simplest and most effective of them.
Do More in Less Time
If you have been using to-do lists for a while, you know how stressful and overwhelming they can become: instead of shrinking, these lists usually only get longer and longer, no matter how fast you knock your tasks down. What to do?
The time budget is a practical method you can use every day to keep your life always in balance. As a bonus, the time budget also helps you effectively deal with many productivity killers such as lack of focus, procrastination and perfectionism — all in one fell swoop.
Overcome Obstacles and Thrive
Think of the greatest athletes, musicians or artists that inspires you. They were each born with a special gift: wired from birth with talents and abilities that we don’t have access to, right? Research shows it’s not that simple.
Does fearing failure paralyze you? Learn how to create a first line of defense — a “psychological armor” — against fear of failure and stop being held back by it.
