Stop Multitasking and Save Money

March 7, 2012 | By | Comments (0)

Multitasking illustration

On the heels of our Women & Time event this morning (check out the conversation on we had on Twitter with the #womenandtime hashtag), today’s tip is about multitasking.

As much as it might seem like it saves you time, it actually kills your productivity. Studies have shown that 28 percent of the time you spend at the office is spent dealing with interruptions, and that if you’re interrupted during a task that takes deep focus, it can take up to 15 minutes to refocus on that project.

To put it in perspective, if you work for yourself, all of those little interruptions are costing you around $11,000 of personal income each year.

So, the next time you’re tempted to multitask, instead think about the project you’re working on (even if it’s just unloading the dishwasher or sending an e-mail to your book group), and finish that task to completion. After that you can move on to the next item.

Get more advice from our managing editor, Kristin van Ogtrop in this video from Yahoo! Financially Fit.

You might also like: How I Stopped the Mulitasking Madness // Sign up for our Women & Time E-mail Newsletter // Tricks to Improve your Memory