For me this is more about tracking time where I can use the outcome.

So for work I have flextime so if I work an hour overtime one day I can 
leave earlier an other so I have an interest in keeping track of that.

For my personal life I see it as a combination of planning/motivating to 
budget time for a day or week or so and then follow up if I actually spent 
the time as I planned.

The rest of the time I will not bother tracking as it will take too much 
effort and I can't see a reason for tracking it.

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