Invest
Tibits I learnt from "Portfolios of the Poor"
By Azrael's Financial Cents  •  January 30, 2017
I have been slowing down the number of posts recently as I have been reading more often (takes some time). Thought might be good to share some interesting things I learnt from reading books (I'll read some fiction in rotation so not all would be focused on learning). So here we go. The premise of the book is about clearing up misunderstandings about who, what and how the poor live. Social media has not really helped much in understanding the poor, as we impose our lifestyle ideals/expectations on them. Examples are:
  • We think that they are living hand to mouth with nothing to save (their cashflows shows an entirely different story)
  • Terrible terrible living conditions (not saying they shouldn't get better, but they aren't really complaining about those, more like different expectations, don't really require individual rooms for themselves etc)
  • Cost of living (we are assuming they live at an ...
...
Read the full article
By Azrael's Financial Cents
Azrael is the author behind Azrael's Financial Cents, a personal diary of his journey towards Financial Freedom. Hopefully, while sharing his experience, he can help his readers and better himself too.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance