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Time Pressure and a "Scarcity" Mindset

Posted by Amanda Pierce on Aug 9, 2019 3:18:37 PM

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In today’s society, it’s not uncommon to hear someone say, “I need more hours in the day.” Like so many other people out there, this is a struggle I am constantly battling. 

It was stated in an article from psychologytoday.com, “In today’s hectic, connected world it seems like we should be busy 24/7 just to keep up with the basics. What we do never seems to be enough, and there doesn’t seem to be enough time to do things well”. Sound familiar?

Making bad decisions?

The author of the article went on to say, “Too many demands on your time can lead to a “scarcity mindset” in which you are so busy running around taking care of the problem right in front of you that you neglect to take actions or make decisions that will help you in the long run. Feeling deprived of time or energy makes you eat fast foods instead of cooking healthy meals, forget to pay bills on time, not return important emails or phone calls, or allow your house or apartment to disintegrate into chaos. A scarcity mindset may lead you to neglect the people you care about and your own health and well-being.” How’d that hit ya? Need a moment? Don’t take too long. There’s more!

Do you control your time or does it control you?

They say the key is to take control of your time, rather than letting time. The article suggests that the key is to take control of your time, rather than letting time control you. One study found that people who felt they had control over their time reported greater life satisfaction and less tension than those who were equally busy, but felt they had little or no control over their time. There are things you can't control. With that said, we can start being more mindful and intentional about how we manage time. Need another moment to take that in??

Hmmm... Here's a thought.

Here are some of my personal observations with my own “Scarcity” Mindset. I feel like the busier I am, the faster time goes. Now, that may be good in certain circumstances, but it’s sad in others. Sometimes I think it’s so much go, go, go that we don’t stop to enjoy some of the moments we should, the moments that bring quality and purpose to our lives.


The other issue I see is that creativity needs space. It needs time. Lack of time or increasing pressure can inhibit creativity. Creativity is a part of who I am and a large part of my career - it truly affects the quality of my life. Now, how does this affect you if you don’t classify yourself as a creative person? Creativity is an essential component of problem-solving skills - which is an essential life skill.

What does this have to do with banking?

I am becoming increasingly aware of how precious time is. That’s why I love the Forreston State Bank online app and mobile banking features. Time-saving features like bill pay are convenient and easy to use. Bill Capture makes it so easy to enter new payments by taking a picture with my phone!

We have so many time-saving features that allow you to save time so that you can focus on the things that matter most to you. Want to know what the best part is? If you would like to try these features, but are a little intimidated by technology or just have a few questions, you can call or stop into any of our 3 locations and one of our banking experts will help you out.

We have big bank technology with small bank relationships - and we want you to take advantage of that!

Tags: Bill pay

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