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Sunday, December 15, 2013

How to overcome financial procrastination

Financial procrastination can end up costing people dearly as they fail to organize their finances in ways that would be the best for their own future. The good news however is there are some simple tips that can help people to get organized and stop procrastinating.
Automating your bills is one such tip. These days the great majority of big companies will have automated billing systems via either credit card or debit card payments. Automating the most common ones such as electricity, phone and water bills means that you not only reduce the effort involved but also reduce the risk of being hit with late fees.


It is important to start saving the moment you are able. People often try to save only once they have paid their regular expenses but many of us often spend extra money if it is there, so organizing regular small transfers to a separate account is a good way to avoid temptation and begin saving right away. 

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