Research by two business-school professors reveals that people over-commit and overspend because they expect to have more time and resources in future than they have at present. “All of us are busy, all of time, but people continually think they will have more of a resource in future and are willing to overbook and take on more future tasks, as long as it is not now,” says Gal Zauberman, PhD, of University of North Carolina at Chapel Hill, who conducted study with John Lynch Jr., PhD, of Duke University.

He explained that if you asked someone if they would rather work an hour today or three hours, three weeks from now, they are more likely to say latter.

“But if you asked them three weeks from now, they would say, gee, if it happened today they would never have said yes, because they are busy again,” Zauberman said.

They suspect that because every day is a little different: “The nature of time fools us and we “forget” about how things fill our days.”

New York University graduate student, Sarah Kaufman, 25, at School of Public Policy agrees with study. “I make really long to-do lists that are usually not attainable for week ahead," she admitted.

Emotional intelligence is capacity to recognize, understand, and manage one’s emotions and that of others. This “intelligent” concept focuses on role of emotion in our daily lives and how it affects our perception, reasoning, and behavior.

Emotions are pervasive in our daily existence. From time we wake up to time we retire to bed, we experience emotions. We can get excited by news of economic recovery, or we feel upset when our favorite team loses a championship game.

Moreover, we can get lonely when our friend of many years decides to look for greener pastures and we can feel anxious when our child does not go home on time after class.

So really, emotions happen everywhere and anytime. There is no day that passes by without emotions being involved. We experience emotions when we - win or lose, receive phone calls from long lost friends, greet our children good morning, say hello to our neighbors, prepare meals for our spouses, or ride subway train.

Emotions are just as normal as rising of sun.

However, there are times when our emotions can become overwhelming and can negatively affect our functioning. For instance, anger is normal. However, inappropriate display of uncontrolled anger can be destructive.