Do you chronically put off mundane financial tasks like tracking expenses, paying bills, and filing taxes?

Does even checking your bank account balance fill you with dread?

If so, you may be a financial procrastinator.

Sure, nobodylovespaying their bills.

But the costs of financial procrastination can really add up.

Missed payments lead to fees, interest charges, and damage to your credit score.

Failure to save and invest early on can meanlosing out on years of potential compound growth.

Financial procrastination can prevent you from quickly detecting and addressing problems like fraud too.

Are you a financial procrastinator?

Take an honest look at your financial housekeeping habits.

Do you avoid checking your bank account, opening bills, or filing taxes until the last minute?

Do you put off difficult money decisions?

If so, considerwhyyou procrastinate.

Your relationship with your finances runs deepits never as simple as being good or bad with money.

In short, when we live in a state of anxiety, we make worse financial decisions.

Putting off tasks can result in late fees, interest charges, and other unnecessary costs.

It can prevent you from dealing with problems early when they may be easier to address.

Build the habit of acting right away on manageable tasks.

Getting down on yourself for your money habits can backfire in the form of fear-based decision-making.

Small wins add up, and you may findyour finances arent as bad as you think.

Make a plan and get organized

Break big goals down into specific, scheduled steps.

Heresour guide to getting organized enough to pay off your debt.

For creating a fresh budget, a popular option to try out isthe 50/20/30 method.

But as I always say, the best budget is the one that works for you.

Heresour guideto getting your budget started.

After all, we all have a money storyand its never as simple as Im bad with money.

For more,check out these stepsto start healing your relationship with money.

you could even considerfinding a financial therapist.

If you do look into financial therapy, remember to approach the process with an open mind.

All kinds of therapy require vulnerability and trust, and financial therapy is no different.

Still, old habits take time to change.

If you slip up, get back on track the next day.

Over time, new habits will form.