Self 19 June 2017
You hear your alarm go off at 6:30 A.M., and you groggily tap the snooze button, sinking back into the fluffy, cotton covers. Encased in the blankets like a wool burrito, you drift off into a delicious few minutes of sleep, savoring every second. The next time you're awakened by the ringer, however, you don't feel more rested. Instead, you're more dazed and drowsy than ever. What happened? Do you need to hit the “snooze" button again?
Contrary to conventional wisdom, hitting that tempting option on your phone doesn't lead to a more rested state. Research has shown that snoozing actually causes sleep inertia – a physiological state of impaired cognitive and motor performance that is present immediately after awakening. There are a few reasons for poorer functioning caused from pressing that button, ranging from the physiological to the psychological.
Interrupting the Sleep Cycle
Throughout a night of sleep, a person typically progresses through a series of four to five sleep cycles. Each sleep cycle consists of four stages, including one REM stage and three non-REM stages. When you awake, hit the snooze button, then fall back to sleep, you're more likely to fall back into the beginning of a sleep cycle. This translates into the production of hormones that encourage deep sleep.
This means that you're starting to dip into a deep slumber, only to be rudely awoken by the alarm ten minutes later. According to psychologist Maria Konnikova, the beginning of a sleep cycle “is the worst point to be woken up," resulting in us feeling like we slept poorly.
There's another piece of useful information that can be drawn from the sleep cycle. If you often find yourself waking up feeling groggy, the trouble may be that you're waking up at the wrong part of your sleep cycle. To remedy this, try setting your alarm a few minutes later, or a few minutes earlier. Trial and error will help you find your sweet spot, and once you do, stick to a regular sleep schedule.
Our Brains Become Confused
On a behavioral level, hitting the snooze button bewilders our minds. Psychology professor and behavioral economist Dan Ariely posits that by hitting snooze, we're training our minds to be confused by the alarm sound. Our minds like consistency, and when we press that button, instead of recognizing the alarm sound as the cue to “get out of bed," it becomes the tone for “let's sleep for a few minutes more." This of course means that each time you hear your alarm go off, your brain will expect to get “just a few more" minutes of sleep, making you never want to step out of bed.
The more you snooze, the more confused your body and brain will get, which means you'll feel more out of it when you actually wake up, even though you got more sleep. Furthermore, this type of grogginess and sleep inertia can last for up to two to four hours, leaving you feeling unproductive even after you've showered, breakfasted, and gone into the office.
Throwing off Your Sleep Schedule
By pressing that alluring button, you're changing the times you get up every day. On Monday, you may awake at 7:00 AM, but on Tuesday, you may press the snooze button three times, leaving your bed at 7:30 AM. This inconsistency throws off your internal clock, and may mean that your body won't know when to start feeling sleepy. You'll likely start going to sleep later, resulting in more sleep deprivation.
Getting a full night of peaceful, uninterrupted sleep is extremely important and beneficial, both to health and wellbeing. Not getting enough sleep results in fatigue, which has been linked to poorer and riskier decision making. Dr. Timothy Roehrs, the Director of research at the Sleep Disorders Research Center, found in a study that the sleepy subjects made riskier decisions that put them at risk of losing money, while the alert subjects made more prudent choices.
So What is a Person to do?
The best way to counter this problem is to set your alarm for the time you have to get up, and then to actually get up when it goes off. It will help to set it for the same time every day, for your body to establish an internal schedule. Do this for a prolonged period of time, and the consistency will ensure that you'll feel naturally sleepy at the end of the day, meaning you'll be sleeping at your bedtime when your body needs it. This in turn will make it more likely for you to wake up naturally, unprompted by an alarm (and of course, no snooze button!).
It isn't always easy to stay on top of your finances, especially when you have developed unhealthy spending habits over the years. However, as you begin to realize the many benefits of having healthy finances, it can become something you want to make a conscious effort to improve. When your finances are in a good place, you often have access to better opportunities whether it be a mortgage loan, greater credit line or business loan. On that note, here is how you can become an expert at managing your finances in case you need a few tips.
Learn to Use Technology
The good thing about managing finances in the technological age is that you don't have to do it alone. There are so many apps available that will help you pay bills on time and track your expenses. For instance, some apps force you to live within your actual income and tell you what to do when you need to balance your budget.
If you need an app that will help you get better at saving, then some will set aside your spare change for you. Also, don't be afraid to use more simple tools such as your smartphone calendar to set reminders about payments if you don't automate them.
Seek Legal Advice
Sometimes, being an expert at something means understanding that you can't possibly know it all. This is why you have professionals around you that can help fill in the gaps where you're lacking. Consider hiring a legal firm to help with any challenges that are beyond you. Lexington Law is a good firm as they could help remove negative items from your credit report. Read this Lexington Law Review (Our #1 Credit Repair Service of 2019) to find out more about how they could help improve your finances.
You can't do better than what you know when it comes to managing finances. You should, therefore, invest your time in learning more about finances and how to manage them. Think about what your goals for your finances are and what knowledge gaps you need to fill.
For example, if you want to invest in the stock market so that you can improve your net worth, then you may need to learn more about investing to do so successfully. To boost your knowledge, try reading articles on credible blogs that share finance information from professionals. Also, be weary of content from finance-driven companies as it could be biased.
Work on Growing Your Income
As a self-proclaimed finance guru, you know that the more sources of income that you have, the better. Work on increasing your streams of income so that you have more money to meet your targets whether it's to save for a property or put larger sums towards retirement. One way to do so would be by getting extra income by doing social media marketing for businesses or creating tutorials on YouTube. If you own a property, renting out rooms is a great way to make passive income.
Live Within Your Means
It can be difficult to live within your means when you live in a society that is always presenting you with things to buy. However, being more conscious about the things that you purchase could help you realize that most are wants rather than needs. To live within your means, always take time to think about a purchase as opposed to impulse spending. You should always get good at bargain hunting as many times you can find items of similar quality at a cheaper price.
Learn How to Manage Debt
Debt doesn't have to be a bad thing if you understand how it works and how to manage it. It can be a tool for credit building when you understand the fundamentals. For instance, if you take out a loan or credit card, always be mindful of your interest rates.
By paying the amount of money you borrowed back in full before the due date, you won't have to pay interest on what you borrowed. If you can't pay back in full, paying more than the minimum payment will ensure you incur less interest. For the most part, the secret to good debt management is never spending more than you can afford to pay back.
Managing finances is a life skill that can help improve your quality of life. By following the mentioned tips and taking your finances more seriously, you're more likely to master the art of healthy finances.