Most of us think we’re poorer than we actually are.
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Do you procrastinate about taking care of financial matters in your life?
Recently a fascinating article about financial procrastination appeared online.
The author publicly admitted that “after years of procrastinating,” he finally logged on to his retirement account. It took him years to get around to dealing with it because the entire task made him anxious.
Moreover, he stated he didn’t remember his password, and his account choices were a mess.
For many of us there is nothing special about any of this. Most people dread and put off dealing with financial matters.
However, what was astonishing about this story is that the writer is an eminent economist who does research in personal financial matters such as savings, annuities and mortgages. If this man has trouble dealing w
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