Here are few ways to beat procrastination for better financial health.
- Immediate Action. If certain items take less than 5 minutes to do, you should just do it. Since it’s not worth the time to schedule, it will either be nagging you or you will forget it. So, for minor items go ahead and do it, nobody is too busy to not have 5 minutes.
- Automate. Setup automatic payments for all your bills. It takes usually few minutes to setup the payment and information you need is usually in your personal check. Automatically deposit of all your income (if possible) or develop a habit of depositing it on a same day (there are 24 hour ATMs).
- Review. Every first Saturday morning of the month review your accounts for 1 to 2 hours. Make sure to setup automatic reminder in application such as phone, email to remind you of review. The review should include; paying extra payment on your debt than you scheduled, calling customer service to renegotiate term, fee or interest, canceling any unnecessary subscription.