In this study, time that is regarded as one of the most important values in our daily lives will be questioned how it can be used effectively. The time that can not be compensated as an asset has become a resource more valuable than money. Therefore, it should be managed more effectively than ever before. In study, In order to manage time effectively, it is considered that to avoid time traps is the the basic requirement. In this context, conceptual framework of time will be explained first, the importance of time will be emphasized, the time variations will be specified and after this, by examining the traps, in order to manage time effectively, it will be determined how to move without falling into this trap.