Emotional regulation is necessary to live psychologically and physically healthy. In this study I explored the associations between emotional regulation and two major constructs of cognitive sciences, time perspective and cognitive flexibility. For this purpose, I collected data online from different social media platforms. Eighty participants participated by filling in three questionnaires, Emotional regulation questionnaire, cognitive flexibility inventory and the Zimbardo Time Perspective Inventory. The age range of participants was between 18 to 50 years with varying educational and occupational backgrounds. The results revealed that cognitive flexibility has a significant positive relationship with emotional regulation and the Present Hedonistic subscale and Future subscales found correlated positively with emotional regulation. In Line with the predictions, linear regression analyses showed that cognitive flexibility predicts emotional regulation while an aggregated measures of deviations from a balanced time perspective (DBPT) did not predict emotional regulation. A mediation analysis also suggested that cognitive flexibility has no mediating role between DBTP and emotional regulation.