Home > Tag Archives: procrastination

Tag Archives: procrastination

How Procrastination Can Hurt Your Finances

procrastination can hurt your finances

You’ve probably heard the saying, “Why put off until tomorrow what you can do today?” When it comes to your money, that phrase is good advice as procrastination can hurt your finances. Procrastination is a nasty habit that can have many negative effect on your finances. In case you haven’t broken your procrastination habit yet, here are a few reasons why you should so it doesn’t harm your finances. Credit Card Fees Almost everybody has a credit card these days. Just try booking a hotel room or renting a car without one and you will find out it isn’t easy to do (some one even accept debit cards as an alternative). But after your vacation is over, you should pay off your credit card as soon as possible. The interest and late payment fees applied to your credit card bill can cost you more than the original price for the items you purchased. Instead of getting in a habit of procrastination, try paying off your credit card bill immediately after you’ve used it. You can save ahead for your purchases so you already have the cash on hand to pay the credit card bill. Late Fees Another way procrastination can hurt ...

Read More »