Why talking to your friends can help you save money | Your Money and Your Mind

What convinced British citizens to send in their taxes on time — and resulted in San Diego residents reducing their energy consumption? Learning that their neighbors were doing it. Behavioral psychologist Wendy De La Rosa shares the surprising power of our peers and how we can use it to improve our financial habits.

Managing your money can feel scary and complicated, but it doesn't have to be. In this TED series, behavioral scientist Wendy De La Rosa explains why we spend too much and save too little -- and shares easy steps to help us achieve a more secure financial future.

Watch more of Your Money and Your Mind with Wendy De La Rosa here: https://www.youtube.com/playlist?list=PLOGi5-fAu8bENcBPN_-1fxoFKZMFn5kHx

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