Self Improvement Caitlin Faas Self Improvement Caitlin Faas

Stop comparing your time to people around you

Do you find yourself comparing your time management with a friend’s, someone you see on social media, or even comparing it to me? If the answer is yes, you're not alone! Many of you have probably heard the quote, “Comparison is the thief of joy”, and in this circumstance this statement can be very true. Read on to find out more on what this comparison can do to us over time.

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Are you comparing your time management skills with someone else?

Whether that is with a friend, someone you see on social media, or even comparing it to me, you're not alone! Many of you have probably heard the quote, “Comparison is the thief of joy”, and in this circumstance this statement can be very true. 

When we use that comparison to bring ourselves down, instead of lifting each other up, we get trapped. I see this all the time with my clients. They start to say to themselves:

  • I should be doing better. 

  • I should manage my time better. 

  • I shouldn't have spent all that time watching TV. 

  • I shouldn't have procrastinated. 

  • I can't believe I procrastinated again. 

  • I'm working with Caitlin and I'm still procrastinating. 

  • Why is this happening to me? 

And they send themselves into a spiral of not being able to get out of the cycle. These comments and thoughts are only going to beat you up, and not actually change anything.

That's exactly what we want to prevent.

So sometimes it's helpful to put some of that away, and remind ourselves, “Oh yeah. I'm not going to compare myself. Especially when I'm looking at somebody's end process, compared to me just starting to work on my time management.” Remember that you could be looking at their end and you’re at the beginning. Or they're in the middle of that, and you didn't see their struggle. You’re only seeing their success.  

Social media makes this so easy to do. 

Typically, we're only going to post the good things on social media, right? That's what we do, but you don't see me on the days when I don't have as much energy. There are definitely days where I don't want to do everything on my calendar, but you don't hear how my brain works regarding this, how I shift out of it, or that I've actually created time to give myself space.

And other times I have the space built in to be like, it's okay if I take time to do this other thing. Or I want to binge watch that show. We’re all human. Or that mom of eight, who seems to have her life completely together, a Pinterest house, and it all looks like beauty and perfection. She struggles too, right? Yes! We all do.

Remember everyone is dealing with their own challenges that we can’t always see or know about. 

When I compare myself or if I start to beat myself up, it doesn't get me anywhere and it doesn't get me closer to my goal. The reason I do what I do is to lift you up, and to bring you an example that this is possible for you too! I know I did it. I know it can be possible for you. So let's bring each other up, and tell me, who are you going to stop comparing yourself to this week? Let me know. Can't wait to hear!

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Career Development Caitlin Faas Career Development Caitlin Faas

How to Avoid, "But I Put So Much Time Into That."

Have you ever heard of the sunk cost fallacy? Read more about it here and the next steps you can take to avoid it.

Does this sentence sound familiar?

"I can't quit doing this. I already put so much time/resources/money into it."

We have all said it about something at some point our lives. Sometimes, it is a really positive way to keep our momentum going on something we have already started. But often, it is a sentence that holds us back from taking the next steps.

I hear students and clients say sentences like:

  • "I can't switch my major now because I'm already committed to this degree."

  • "I already paid for that ticket, so now I have to go to the event."

  • "I invested a lot into this one side hustle, so I can't give up on it and try something new."

In research, we call it the sunk cost fallacy.

Basically, it is the idea that you have to keep going because of all the time/resources/money you've already spent. We're very "loss averse" as humans. We hate to lose things or abandon projects, even when they aren't working. Behavioral economists and cognitive psychologists have conducted really insightful research about this topic. An easy to read summary with references is over here on the "You are Not So Smart blog" by David McRaney. 

Even when we recognize there is a mistake in our thinking, it is hard to take the next steps.

Okay, so you get that something in your life may have sunk costs. My latest example has been a race I signed up to run. I paid for the race months ago, not anticipating I might be burnt out on running, have broken my pinky toe, and not really trained for the race. I COULD have said, "I have to go run this race because I already paid for the ticket."

But there are better questions to ask yourself to avoid the sunk cost fallacy. Instead, just a few days before the race, I told myself, "Okay. You already paid for this race, whether or not you actually go and run it. Will you still enjoy going to the race, even if you have to walk it?" The answer was yes. I still wanted to go. But I didn't force myself to go or force myself to "get my money's worth." Because remember, I had already paid for my ticket. It was a sunk cost.

Questions to Ask Yourself to Avoid the Sunk Cost Fallacy:

  1. What is the "thing" that will not change, regardless of my next steps? This could be money, time, resources spent, etc. Recognize the "sunk costs."

  2. What do you want to get out of your next steps? Do you want to enjoy yourself, follow your passion, make more money, or give something up because it is no longer working?

  3. If you look at your answer to #2, does it change your #1? The answer should always be NO if it is a true sunk cost fallacy.

  4. So since you can't change the answer to #1 - what will you do next? How will you move forward?

What's your scenario where you might be dealing with sunk costs?

Share below in the comments or send me an email and we'll help you strategize. Sometimes it is confirming your thoughts with another person that helps you move forward with your next steps!

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