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)!
We all need to be saving for our future, but where do you start? -Especially in this economy! If you are feeling overwhelmed by...
Is “toxic masculinity” real? It is if you read The Mosquito Coast… and learn the lesson from a book like “Moonwalker”…! Jeff Davenport and...
Here's four big risks to avoid when buying a second/vacation/short-term rental home. Make sure you don't run your ship ashore! Abraham's Wallet exists to...