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)!
Help us equip more biblical bosses!: https://abrahamswallet.com/support
Mark Parrett and Steven Manuel sit down for a special BREAKING NEWS edition of Abe's Wallet. Since the Biden administration has decided to penalize...
Linda Manuel shares a lifetime of wisdom gleaned from hard work, thrifty parents, personal responsibility, and the challenge of independence. She tells us why...
Your ability to delay gratification might be one of the most powerful determinants of your success in finance… heck, in all of life. Don’t...