Cost of Saving

Worked examples / Putting it off

Put off the dentist

A $180 check-up and filling put off a year, with a 1 in 4 chance it becomes $1,400 of work.

Waiting costs you

Putting it off for 12 months costs you $305.

Deal with it now$180for certain
Put it off$485on average
Put in your own numbers

This is a worked example with illustrative figures, not data about any real person or company. Change any of them in the calculator and the answer changes with them.

How this answer was worked out

Cost later$180
Expected later75% x $180 + 25% x $1,400 = $485
Carrying cost$0 x 12 = $0
Earned by waiting$180 x 0% x 12 / 12 = $0
Putting it off costs$485 + $0 - $0 = $485
Waiting costs you$485 - $180 = $305
Per $1 put off$2.69
Break-even chance0%

Every formula is written out on the formulas page.

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