The Cost of Procrastination

Procrastination is the act delaying (putting off) the activities that one needs to do to complete a job or task.

Most people feel it is just a small quirk that they have. And most feel,"Well, if I don't get it done, I'll just do it tomorrow."

Here's a great question. How much money does procrastination cost you?

If most people realize that procrastination cost money they would stop procrastinating.

Everyone understands that if they procrastinate on a certain task required of them to perform as per their boss they could lose their job, therefore lose money.

If you procrastinate with respect to the maintenance of your vehicle (monthly oil changes, tire pressure, transmission checks, etc.) you might end up having costly mechanical problems.

If you procrastinate and pay your bills late, your credit score will become compromised and hence will decrease your ability to get loans.

Last and most important, if you procrastinate about your health you will lose money by paying co-pays, co-insurance, higher monthly insurance premiums, experience increased pain; and lost time from work due to sick days.

If you are sick and out of shape it compromises your ability to become wealthy.

So the next time you think procrastination is just "one of your little quirks" just think how much money you could possibly lose if you do procrastinate.