Your Money Brain Explained: Why Saving Is So Hard
Nov 17th 2011 8:30AM
Updated Nov 17th 2011 4:45PM
Why do we procrastinate about financial decisions when we know that putting them off hurts us in the long run? Why do we splurge today instead of saving for retirement? And when is the brain at its prime in terms of decision-making? Harvard economist David Laibson joins DailyFinance's Laura Rowley in New York's Central Park with his insights.