It may seem obvious why time management is important, but sometimes it makes sense to be really explicit about why it matters and who benefits from time management. The most important benefit is to yourself. Good time management allows us to make ourselves important to ourselves. By that I mean, you have the time to take care of yourself. When you are cared for - mentally, physically, emotionally, and spiritually - you are better able to take care of others, do good work, and live a more enjoyable life. This means that not only you benefit, but everyone around you benefits from your effective time management skills.