Sin 5. Procrastinating

Remember the movie Annie, where the little kid sings, "Tomorrow I love you, I love you tomorrow, you're only a day away"?

No problem with loving tomorrow. What's wrong with today, though?

In fact, you will love tomorrow even more if you do some smart saving today.

Every single day counts.

The more you put off and the longer you take to start saving, the longer you will have to wait to start investing.

The longer it takes you to start investing, the more returns you lose. Remember the adage, time is money? It is true.

Let's say you invest Rs 1,000 every month at 8% per annum.