When it comes to finances and planning,
why do we procrastinate?
In your 20s you are just starting out and the idea of financial planning seems like a foreign concept. Let’s be honest, at this stage in life just covering your monthly expenses is a major accomplishment.
In your 30s you talk about financial planning with friends and colleagues but when it comes to doing something about it always seems to take a back seat to other “more important” things like work and family. You convince yourself that because you purchased a home and you are making consistent deposits into your retirement accounts you’re fine.
Then you turn 40 and realize that you really need to start seriously thinking about your finances, retirement and preparing for what’s ahead, but the thought is overwhelming.