The Cost of Procrastination Procrastination can be costly. When you get a late start, it may be difficult to make up for lost time. Share | Related Content Saving for College 101 Here’s a crash course on saving for college. Mortgages in Retirement Explore the benefits and drawbacks to paying off your mortgage prior to retirement with this article. Paying Off a Credit Card Enter various payment options and determine how long it may take to pay off a credit card.