Have you ever heard anyone say putting money into lotto tickets is like paying an extra, voluntary tax? Lottery odds are quite stacked against the player, and it's not a smart investment -- some say a it's total waste of money -- yet there are people do it every day. This week, I was thinking about how many people also waste their own money as a result of procrastinating, and I call that a Procrastination Tax. Do you ever pay it? Not sure? Here are some hints to help you find out.

You're frequently assessed late fees on top of your bills.

Your dental bills are expensive because you ignore a small problem until it becomes a big problem.

You often pay way more for airfare and rental cars than you could have, because you book on short notice.

You're sometimes assessed bounced check fees because you neglect doing banking in a timely manner.

You're paying a high interest rate on credit cards or loans because of a history of late or missed payments.

Your car repairs are more costly because you let the problem get really bad before you address it.