We propose that emotional well-being in everyday life is partially related to the balance of positive and negative affect associated with everyday routine activities. Factors that interfere with positive affect associated with such activities would therefore have negative impacts on emotional well-being. Supporting that time pressure is one such factor, we find in Study 1 for a representative sample of Swedish employees (n = 1507) answering a survey questionnaire that emotional well-being has a negative relationship to time pressure. In Study 2 we test the hypothesis that the negative effect of time pressure on emotional well-being is jointly mediated by impediment to goal progress and time stress. In another survey questionnaire a sample of Swedish employees (n = 240) answered retrospective questions about emotional well-being at work and off work, experienced impediment to goal progress, experienced time pressure, and stress-related symptoms. Statistical mediation analyses supported the proposed hypothesis.