It doesn't really matter why you procrastinate. Some love the pressure of deadlines. Some are afraid to fail so they put it off until the very last moment.

One thing that all procrastinators have in common is that procrastination has a price.

This highly cited study , published in the American Psychological Society journal, by Dianne Tice and Roy Baumeister discusses the cost of procrastination. It is related to:

Procrastination is not innocent behavior. It's a sign of poor self-regulation. Researchers even compare procrastination to alcohol and drug abuse.