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Steven Manuel and Mark Parrett continue their conversation about poverty (10:30) as Mark reviews the book Scarcity: Why Having Too Little Means So Much, by Eldar Shafir and Sendhil Mullainathan. It describes, with research, how “not having enough” impacts people. It makes us stupid, insecure, impulsive, makes us spend money unnecessarily, etc. Mark tells about a dumb purchase he made at Princeton (38:30), dealings with poor tenants (44:30), hamster-wheel living (49:40), and all the gross things that a poverty spirit produces. Here at Abe’s Wallet… we hate poverty (and love PLANNING, which is one of the antidotes to it)!
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Mark Parrett and Steven Manuel sit down to answer an age-old question: Would I Be Burning Money to Hire a Financial Planner? What do...
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Mark Parrett reprises his “best books I read this year” gimmick with AW friend Jeff Davenport. They discuss books old and new, fiction and...
