All Episodes

October 7, 2025 13 mins

Procrastination is a bad habit at the best of times, but when it comes to our finances, failing to act can have serious consequences.

On this episode of the Friends With Money podcast, Money’s Tom Watson is joined by Shayne Sommer, a private wealth adviser at Shadforth Financial Group, to discuss the topic of financial procrastination and the ways in which it can be tackled.

00:00 Introduction

01:37 Common examples of financial procrastination

04:03 Psychological factors behind it

06:10 The consequences of financial procrastination

09:50 Strategies to combat procrastination

11:51 Imbedding good habits

12:45 Conclusion

#friendswithmoney #tomwatson #shaynesommer #financialprocrastination

Listen on Apple Podcasts

Listen on Spotify

Money Website

YouTube Podcast Playlist

Email Us: podcast@moneymag.com.au

Get stories like this in our newsletter: bit.ly/3GDirbR

Mark as Played

Advertise With Us

Popular Podcasts

Stuff You Should Know
Crime Junkie

Crime Junkie

Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies!

The Breakfast Club

The Breakfast Club

The World's Most Dangerous Morning Show, The Breakfast Club, With DJ Envy, Jess Hilarious, And Charlamagne Tha God!

Music, radio and podcasts, all free. Listen online or download the iHeart App.

Connect

© 2025 iHeartMedia, Inc.