Many of us are born procrastinators. We love to put things off until the last possible minute. When that moment arrives, we go into manic mode in a desperate, final scramble as our backs are up against the deadline. This usually involves locking ourselves in a room away from the rest of humanity and a steady supply of coffee (or other caffeinated beverage) so we can forego our normal sleep patterns as we pound out the final details of our project.

If you are like me, you don’t like it when you procrastinate and you vow each time to NEVER let this happen again. Or you may try to fake yourself into believing that it doesn’t matter – like it is positive character trait – by saying “I work really well under pressure.” If I am honest with myself, I hate the tension and frustration that comes when I put myself in that predicament. It highlights my lack of discipline. It reminds me of all the time I wasted. It makes me realize the truth of the saying, “Don’t put off until tomorrow what you can do today.”

There is no hard and fast deadline when it comes to our personal finances. This project is very open ended as it lasts your entire lifetime. So procrastinators rejoice – you can delay dealing with your financial problems for years. But if you do, it will cost you greatly.

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