You may have noticed my previous post about how I manage the huge number of stories. Since then, FiMFiction added the Library, which is an amazing update. Here's how I manage things now.
The Favorite list is now used only for complete stories that I really like. I try to only add the best stories here. When recommending stories to friends, I look at this list.
I read a lot of pony fanfiction. However, after some very simple, second grade level statistics, I have reached the conclusion that I am adding more stories to my read later list than I read.
I've always liked to complete things and not leave anything unexplored. I used to see an interesting fic and put it on the list, but worry that I'd never get to it and I'd be missing out on something.
I mean, really. There's chemistry there. Or geology. Whatever. Probably the two beings in Equestria with the most thorough combined experience with stone.
Shippers, feel free to steal my idea and set sail for insanity.