The Cost of Procrastination Procrastination can be costly. When you get a late start, it may be difficult to make up for lost time. Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Is a SEP-IRA Right for Your Business? For some, the idea of establishing a retirement strategy evokes worries about complicated reporting and administration. The Power of Compound Interest Learn how to harness the power of compound interest for your investments. The Richest Man in Babylon In good times and bad, consistently saving a percentage of your income is a sound financial practice.