A Penny Saved is a Penny Earned, but a Penny Saved Today is a Penny Earning More! Financial procrastination is when you have financial obligations and moves to make, but you put those decisions aside on a continuous basis. For instance – you know you need to look into a strange charge on your credit card, but you continue waiting until who knows when. Or, you may have student loans and need to apply for a deferment but you let the time lapse and end up in the credit bureau. Part of what defines money procrastination is something you know you should do, but are not actually doing. Plus, unlike mowing the grass, there's often a real dollar cost to putting these things off. The Cost of Procrastination Start building your nest egg early to prepare for the unexpected. “Procrastination is the bad habit of putting off until the day after tomorrow what should have been done the day before yesterday. Examples of Financial Procrastination:Enrolling in the 401k or retirement plan at workBuying life insuranceStarting an emergency fundInvestigating a strange charge on your credit cardComparing auto/home insurance rates to see if there's a better dealStarting a 529 to save for collegeBuying Long Term Care CoverageContributing annually to an IRAMaking a plan to pay down debt like a student loanChecking monthly recurring bills to see if you can find ways to saveMaking a will or other estate planning decisions/documents Perfectionism is the mother of procrastination Are You Making the Most of Your 401(k)? In this ebook, we outline your 401(k) choices and explore critical mistakes to avoid. Download it today First Name Last Name Email Address Thank you! Oops!