I had planned to talk about procrastination today, but I’ll wait until next week . . . not! No procrastinating! We’ll talk about it right now. Procrastination costs you money. For example, your car was making that noise, but you didn’t take it to the repair shop. The noise grew significantly worse. Guess what? Now, instead of paying $200 to replace the brake pads, you need $800 to replace the brake pads and the rotors. You don’t have $800, so you pulled out your credit card again. What about when you procrastinate on meal planning and spend $40 eating out instead of eating at home for $10? Both of these are typical examples of how a budget can be blown by procrastination.
Not only do these items need to be high priorities on your to-do list, but you need to actually schedule time on your calendar for them. Be sure to reasonably estimate how much time each task will require, and add a little extra time to that amount. Don’t allow procrastination to blow your budget. Instead, focus on procrastination and prioritization management.
You have a choice, and the choice is yours.
Financial Life Coach
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Keywords: Auto, Budget, Debt, Economics, Economy, Emergency Fund, Finances, Financial, Life, Money, Miscellaneous, Priorities, Procrastination, Saving, Stress, Thoughts, Time, Time Management, Uncategorized