- 4 hrs ago 10 Risks Associated With Protein Overconsumption
- 5 hrs ago 8 Alarming Symptoms Of Cervical Cancer In Women
- 6 hrs ago Ananya Panday Stuns In A Tarun Tahiliani’s Hand-Embroidered Lehenga And It Is Pretty Unique
- 7 hrs ago Pooja Hedge’s Green Velvet Manish Malhotra Lehenga Will Help You Rock Winter Wedding
- Movies Salman Khan’s Race 3 Was Not A Flop: Remo D’Souza
- News EU to debate anti-CAA resolution, voting delayed till March
- Sports PBL 2020: Hyderabad Hunters recovers after Sindhu's shock defeat to Michelle Li
- Technology Samsung Galaxy A51 With Quad Rear Cameras Launched For Rs. 23,999
- Finance All Indian Railway Coaches, Wagons To Be Tagged With RFID For Tracking By 2021
- Travel 10 Best Places To Visit In Madhya Pradesh In 2020
- Automobiles Toyota Fortuner BS6 Petrol And Diesel Engine Specifications Revealed
- Education IIM Bangalore Women In Leadership Course Tanmatra
Research teams after analysing five studies including both, adult participants and undergraduates, found out that planning is domain specific.
There are two types of planners, money planners and time planners.
Money planners are more likely to score high on scales measuring frugality, impulse buying, coupon proneness, value consciousness and to be classified as 'tightwads' rather than 'spendthrifts'.
Those who are identified as time planners, score high in conscientiousness, intolerance of uncertainty, need for closure, and self-control.
The study also showed that people plan much more for the short-run use of their time than for the long run. This explains why people believe they will have time in the future but not necessarily more money.