10-10-10 Rule

10-10-10 Rule

What is it?

The 10-10-10 rule is a decision-making framework that involves considering the potential consequences of a decision in three different timeframes: the short term (10 minutes), the medium term (10 months), and the long term (10 years). By evaluating the implications of a decision across these timeframes, individuals can make more informed choices that align with their values and goals.

The 10-10-10 rule is like a magic formula for making decisions. It's all about looking at the consequences of your choice in three different timeframes: the short term, the medium term, and the long term.

Let's say you're deciding whether to splurge on a fancy dinner:

Short Term (10 minutes): How will you feel immediately after the dinner? Happy and satisfied because you enjoyed the meal? Or guilty because you spent more money than you should have?

Medium Term (10 months): What might be the consequences in the next 10 months? Will you regret spending that money when you could have saved it for a vacation or an emergency?

Long Term (10 years): How about in 10 years? Will you even remember this dinner? Or will you wish you had invested that money in something more meaningful, like your retirement savings?

10-10-10-RuleHow to Make Better Decisions with the 10–10–10 Rule | by Moreno Zugaro

By considering these different timeframes, the 10-10-10 rule helps you make decisions that you won't regret later on. It's like taking a step bac ...