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Procrastination Savings Time (PST) is the practice of allotting an extra hour when planning to do work to increase the chances of success.
TED: Hey Joe! have you done our homework yet?
JOE: No man, let's do it at my place, 6:00pm PST.
TED: It's settled then, works starts at 7:00pm!
Procrastination Savings Time (PST)