So in what other financial areas would procrastination be a good strategy?
Bill payment? Yes, you should pay your bills on time. I am not saying to pay them early. Keep the money yourself. Hopefully, let it will grow in some way. An early payment would only be beneficial if it saves you money on interest charges. I don’t want someone misquoting me as saying to delay bill payments until they are overdue. I am saying don’t pay them early unless there is something in it for you.
Procrastination never benefits large companies. This is especially true when they are supposed to post their fourth quarter results. As we can see here.
Taxes and Procrastination
The CRA has made sure we’ll have to procrastinate a little longer if we want to file our taxes on line, because that option doesn’t work right now. Whoops, and I actually did want to get that out of the way this week, guess I’ll have to wait now.
Need to think about this a bit more, any other good procrastination ideas out there?
Effective money management hinges on timing! Paying your bills right on the due date can be a strategic move. It is especially wise if you’re making the most of that money in the meantime. In 2025, consider placing it in a high-interest savings account. Let’s make every dollar count!
But beware: financial procrastination is a slippery slope. There’s a fine line between smart timing and outright negligence. Missed payments trigger fees, credit score dings, and stress.
