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 discuss budgeting (9:15) and the three aspects of running it in such a way that money is left over...
Mark Parrett and Steven Manuel have a very good time discussing child tax credit checks (14:00) but surround that with jawing on wide ranging...
Have you relied on your local church to teach you everything about what the scriptures have to say when it comes to money? Odds...