By Kent Thune of The Financial Philosopher

Children don’t really think much about consequences. They are interested in getting what they want and getting it now. They want to be entertained; they want to eat more chocolate cake; and they protest when they don’t get what they want.

All of these things could be said about your brain. The behavior is inherently selfish and survival-oriented; yet completely natural. Children, however, need guidance from an adult and the brain is no different.

If your brain is the child, your mind is the adult. Without direction, the brain—the child—will self destruct by consuming itself with egocentric behavior. If you are a parent, you know that there is a delicate balance between giving a child what she wants and giving... More...