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In this tutorial, Mr. Smart introduces the time management matrix, essential for effective living. Activities are categorized into four quadrants based on their importance and urgency. Importance relates to personal goals and missions, while urgency refers to immediate demands, like a ringing phone. Quadrant one includes tasks that are both important and urgent, such as crises that require immediate attention. Neglecting these can lead to significant issues, like missing an important meeting. The tutorial encourages viewers to subscribe to Mr. Smart for ongoing guidance in practicing smart living and effectively managing time.