There is a well-known saying about avoiding procrastination: “Don’t put off until tomorrow what you could do today”. But when it comes to financial planning, many people do actually put off what they could do today. And this procrastination can carry big costs.
Set yourself a deadline
In this eZonomics video, Bright tells how research shows it is one of the main problems associated with the amount people save.
Bright offers four tips for defeating procrastination. The first is to simply get started – set yourself a deadline and book time into your diary. See the video for three other tips on how to cut procrastination.