The document discusses the negative effects of procrastination such as added stress, lack of quality work, poor time management, and sleep deprivation which can lead to health issues. Procrastinating causes stress that results in headaches, stomach problems, and depression. It also leads to low quality work from delays and missed deadlines, causing unhappy customers and lower grades or scores. Not finishing assignments on time means losing sleep, which ages you faster and hurts your health, intelligence, sex drive, and weight. Common excuses for procrastinating are a lack of time, importance or understanding of tasks, and prioritizing other work instead.