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)!
No lie: shame is the number one word that men (and women) are using when they talk honestly with us about their money scene....
Most Christian men handle money exactly like their unbelieving neighbors. They tithe a little, save for retirement, and hope it all works out. But...
Mark Parrett and Steven Manuel sit down to discuss the weird wild world of alternative asset class investments, including crypto, gold, and... sneakers? Wondering...