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)!
Steven Manuel takes time to answer a listener’s email about why fathering feels more like drudgery and less like delight. There could be several...
From this point on, I’m going to act like living out the administration of the Kingdom is YOUR problem, and that you’ll answer straight...
Mark Parrett and Steven Manuel describe one of the most important skills anybody can master when it comes to financial acumen: the ability to...