Why Are Americans So Bad at Saving Money?

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The math of savings isn't hard. But, for Americans, the act itself seems quite impossible, as the U.S. has one of the developed world's lowest savings rates, despite the fact that the richest Americans easily put aside half their salary. As Derek Thompson explains in this episode of Economic in Plain English, the culprit isn't only in our wallets and price tags, but also in our brains.

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