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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 continue our very occasional series that has been dubbed “Abrahamic Tent Tours”, wherein we visit someone who has applied their Family Vision to...
What qualifies as luxury spending? Is luxury spending in moderation OK for the Abrahamicly-minded family leader? Is the amount of luxury that is permissible...
Mark Parrett and Steven Manuel sit down to discuss the weird wild world of alternative asset class investments, including crypto, gold, and... sneakers? Wondering...
