Yes apparently you had one of your grannys or elders tell you this popular statement, " A Stitch in Time Saves Nine " . They might have told you this when they want you to start something earlier rather than later. This means that one should try their best to avoid procrastination. History has it that it first appeared in writing in 1732, Well it was already around for many years before it was written . This Statement or Proverb means that if you want to do something, you should do it as soon as possible. As it's a bad thing to allow procrastination creep into your mindset. Literally this statement refers to a hole in a cloth , they could get bigger if not quickly fixed. But first we must note that time is a very precious thing in life. Many successful individuals have also come forward to state that time is money. Time is a rare asset and it's very limited. It also pushes further to make one understand that, to handle a problem you need to deal with it on time, but once you start to delay you find yourself in a very tight and crucial corner. Not to correct this problem that has become similarly difficult, would take a lot of effort. Time is as valuable as money, those who keep waiting never really make it out successfully. But those who take the lead and not sit on their Laurels, come out with results .
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And yes a stitch in time does save more than Nine, he rescues you from Debt, Hunger, Struggle, at old age and many more troubles. working efficiently to beat time is what you should be expected of us as Humans. It sure requires discipline and concentration but, a lot of benefits in the end.