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)!
Mark Parrett and Steven Manuel enter the year-end giving season by discussing the idea that family vision drives financial giving. Mark lets Steven pull...
Mark Parrett and Steven Manuel finish their seres on 401Ks (17:00) and give detailed information about “rolling over” 401Ks into various products. We also...
In this special episode, Steven sits down with one of his very first disciples from 30 years ago, Phil Ronsley. Enjoy this heartfelt conversation...