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What is procrastination costing YOU?

Posted by 4tailormade - September 14th, 2011

Procrastination is an evil that can cost you dearly. Sometimes we don’t realize the power it has over our lives until we literally add it up.

  • Have you ever checked out a book at the library and forgot to get it back on time having fees assessed daily?
  • Have you rented a DVD and ended up paying double for a lousy movie because you missed the 9pm deadline?
  • Have you walked in a store the day after a sale ended?
  • Have you failed to call a potential client when you said you would and lost business because of it?
  • I really hate is missing out on financial opportunities that truly could have been mine. I love a good deal, saving money, and getting the most for the least amount of money. I detest it when I could have saved money or ended up paying too much for something.

    Just last month I missed a sale at Dillard’s by one day and for the 2 dresses I bought could have saved an additional $47!! I forgot to go to the library and pick up a book that was on hold so a fine of $1 was assessed. I also paid an extra $50 for plane tickets just because I didn’t purchase them when they were on sale! All of this happened because I wasn’t paying attention to the details and taking action when I knew that I could. This may not sound like a lot of money today but if I continued to do this in various areas of my life for a year I might have squandered over $2000! Ridiculous!

    Maybe you procrastinate in other ways. We also procrastinate when we think we have more time. Here’s the definition:

    the act or habit of putting off or delaying, especially something requiring immediate attention

    Do you put off or delay financial matters that require immediate attention? Are you constantly backtracking because you failed to do something in a reasonable time period? Have you waited to start a budget or debt reduction plan? Now is the time to regroup. Think about the financial priorities you have in life. Think about what it would feel like to accomplish them. Then take action to make sure that no time is wasted.

    I purpose to slow down, do my research, and pay attention. We can get so busy that we miss out on financial opportunities and goals. I am not missing out on anything that saves me money from now on. I won’t wait to do something I can do right now. I encourage you to do the same. Don’t wait to start a budget or understand your debt position. If you have more time you can accomplish your goals sooner. Don’t allow procrastination to rob you of saving money or getting truly free.

    Put Your Credit on ICE!

    Posted by 4tailormade - September 7th, 2011

  • Are you looking to get out and stay out of debt?
  • Have you been a victim of identity theft?
  • Have you paid off most of your debt and are not looking to need credit much anymore?
  • You may be in a good position to put the freeze on. Make your credit report ice cold!
    Freezing your credit report prevents nearly everyone from using your name to take out a loan or sign up for credit including yourself. This is an extreme measure that can now be taken by residents of all 50 states. All you need to do is send a letter to each of the three credit reporting agencies to request a freeze on your report. Fees vary by state and can range from $0 to $10 per agency to place and lift the freeze. If you have proof (a police report) that you’ve been a victim of identity theft typically the freeze is free. Although freezes don’t stop someone from stealing your credit card information and using it, this action can help protect you from those who wish to use your name and identity for fraudulent purposes. We all know that identity theft is on the rise. The credit freeze is something you can do immediately to protect yourself.
    Just remember that nowadays you may need to suspend the freeze to get a new insurance policy, cell phone or utility service, rent an apartment or gain employment.
    Get more information at www.financialprivacynow.org.

     


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