Explore the intriguing link between sleep quality, duration, and the choices we make in our financial and economic lives. Uncover the hidden dynamics that connect restful nights to sound economic judgment. This eye-opening exploration sheds light on the often-overlooked influence of sleep on our financial well-being.
In all different areas of life, we are constantly faced with making economic decisions. There are many different factors that come into play when making these decisions and one commonly overlooked is sleep. We are going to run through the many common financial decisions that everyone must face and how sleep affects each of these.
We will examine chronotypes, circadian rhythms, and the myriad ways that sleep quality intersects with cognitive functions. You are going to walk away from this understanding that sleep makes much more of a difference than you may realize.
What are sleep chronotypes?
Sleep chronotypes are individual categories that vary in the timing of sleep and wakefulness that is influenced by our internal biological clocks. They have a significant impact on sleep patterns, daily energy levels, cognitive function, and overall well-being. By understanding your chronotype, you can optimize your schedule to better sleep quality and productivity.
So what are the chronotypes?
- Morning (early) chronotype: Those in this chronotype naturally wake up early and feel most alert and productive in the morning, feeling sleepier in the evening.
- Intermediate (neither) chronotype: This chronotype is when you fall in the middle and have an intermediate chronotype. This means you don’t have a preference for morning or evening.
- Evening (late) chronotype: Those with this chronotype are the “night owls.” They feel more awake and alert in the afternoon and evening.
- Dual (flexible) chronotype: This chronotype is for people who have the ability to adjust their sleep patterns depending on their social and work schedules. They can adapt to early and late timing.
Understanding your chronotype will help you to make informed decisions based on when you are the most alert and prepared. So in cases like economic decisions, if you aren’t a morning person don’t make drastic decisions in the early hours of the day.
Circadian rhythms
The circadian rhythm is an internal process that happens naturally in the body, regulating the sleep-wake cycle. It is controlled by the body’s master clock which is located in the suprachiasmatic nucleus (SCN) of the hypothalamus in the brain. This will receive input from light-sensitive cells which respond to changes in light and darkness.
When these cells are exposed to light, they send signals to the SCN which tell the body to act accordingly to its environment.
How does sleep affect cognitive functions?
As we sleep, our brains orchestrate a symphony of essential processes that bolster memory consolidation, learning, attention, and problem-solving. Deep sleep stages transfer fleeting experiences into enduring memories, while REM sleep intertwines ideas and emotions, fostering creativity and innovation.
Adequate sleep fuels sustained attention, enhancing our ability to concentrate and stay engaged in tasks. It clears the cognitive clutter accumulated during the day, providing a fresh canvas for decision-making, emotional regulation, and communication. The transformative power of sleep lies in its ability to optimize our cognitive toolbox, enabling us to navigate the complexities of our world with sharper intellect, quicker reflexes, and a more agile mind.
After comprehending this, it makes perfect sense that you need adequate sleep each day so you can make wise economic decisions. The less sleep you have, the less prominent your cognitive functions will be when trying to make an important decision.
So how can I change my sleep patterns to make better economic decisions?
Taking the time to change your sleeping patterns to optimize your cognitive functions will help you to make better economic decisions; you can start to do this by:
- Having a consistent sleep schedule
- Be mindful of what you eat and drink
- Exposure to natural light
- Regular physical activity
- Limiting naps
- Evaluate the timing of activities
Having a consistent sleep schedule
A great way to reinforce and regulate the body’s internal clock is to have a consistent sleep schedule. Do this by waking up and falling asleep at the same time each day.
If you are struggling to get into this pattern, consider a sleep supplement like Relaxium Sleep. Relaxium Sleep is designed to help you fall asleep faster, stay asleep longer, and have you waking up feeling refreshed and alert.
Be mindful of what you eat and drink
When trying to fix sleep patterns, avoid eating heavy meals too close to bedtime, this can disrupt sleep. Also, avoid consuming caffeine or alcohol before bed, this can also affect sleep quality.
Exposure to natural light
If possible, spend time outside during the day, especially in the morning. Doing this will help to regulate your circadian rhythm, supporting better sleep at night.
Regular physical activity
Engaging in regular activity can improve sleep quality. While this is good practice for exhausting the body, be sure to not do any vigorous activity before bed as it can stimulate the body.
Limiting naps
Naps, especially if long, can interfere with sleep at night. If you are needing a nap during the day be sure to keep it short; around 20-30 minutes long.
Evaluate the timing of activities
Now that you are aware of chronotypes and circadian rhythms, be sure to schedule economic decisions when your cognitive functions are at their peak. If you are an evening person, make decisions in the afternoon and vice versa.
Don’t waste your money and effort due to a decision that could have been made better
Given the stress of the world, avoid adding by making the best-informed decisions possible. Do this by getting enough sleep no matter what type you are!
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To restful and healthy days ahead.
The Relaxium Team
*These statements have not been evaluated by the Food & Drug Administration. This product is not intended to diagnose, treat, cure, or prevent any disease.
Sources:
https://www.sleepfoundation.org/how-sleep-works/chronotypes
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5627640/
https://www.linkedin.com/pulse/best-time-day-make-big-decision-depends-whether-youre-dylan-arnot/