Meaning of the word "there is no time like the present" in English

What does "there is no time like the present" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

there is no time like the present

US /ðɛr ɪz noʊ taɪm laɪk ðə ˈprɛz.ənt/
UK /ðeə rɪz nəʊ taɪm laɪk ðə ˈprez.ənt/
"there is no time like the present" picture

Idiom

said to mean that you should do something now rather than waiting until later

Example:
I was going to wait until tomorrow to start my diet, but there is no time like the present.
Why don't you call her now? There is no time like the present.