11/17/2011 08:03 am ET

David Laibson, Harvard Economist, Explains Why People Procrastinate About Financial Decisions

Why do we procrastinate about financial decisions, such as joining a 401(k) -- when we know putting it off until tomorrow hurts us in the long run? Harvard economist David Laibson, who studies decision-making, talks about how to overcome inertia with Daily Finance's Laura Rowley.