An simple heuristic to use is to go meta periodically, with longer periods between higher meta-level thinking modes.
In this comment nickerst mentions using this heuristic in structured planning:
In my calendar, the habit I've written in is a bit of planning or "meta" time. Twice a week, I plan out a full week. By re-evaluating the course of action half-way through, I'm hoping it should be easier to track where I go off-track.
Once a month, this planning time must include meta-planning. During this time, the idea is to review that my planning method is the most effective. This is the time for reviewing the past month's calendar, and also for reading any books on planning.
When do you go meta? When do you stop going meta?
In the video Q and A Eliezer offered some advice about this (the emphasis is mine):
In his discussion post "Are you doing what you should be doing?", Will_Newsome identified what seems to be an important guiding principle of meta-thinking:
(where "time-saving results" can be replaced with "greater marginal utility" to obtain a form that is more generally applicable)
Some questions we could explore:
(I plan to try to compile the insights and advice here into a top-level post discussing the principles of, and heuristics for, effective meta-level thinking)
Edit: Changed minor wording and altered the third question posed.