This is Karen Hunter and welcome to the hub. I've been spending a good deal of time in this space talking about money and ways

in which people could find self-sufficiency and agency without getting to the root

cause which is an impoverished mind.

And so today I want to spend a little bit of time talking about what poverty actually does to the mind, because having lack,

having no money, or having very little money, being stressed out about money, has a real impact on your ability to think clearly.

And so today I want to talk about a couple of studies. One was done by

behavioral scientist Anu Jha. He did this at the University of Chicago and he found that

the lack of money makes it hard for people to think.

Now that's deep, right?

A lot of times people think that people are poor,

people who are poor are not smart.

They're just not smart with money, they're not good with math math and poverty is a cycle and it is but

the notion of poverty actually keeps you in a place where you can't think clearly because

your brain is actually working overtime trying to figure out how to get money, how to figure out how to pay your bills.

So someone who is impoverished is not that they're not smart, is that they lack lack he or she lacks the ability or the

bandwidth to think beyond their lack. The focus is the lack, not ways in which to

get out of the lack because it's imminent.

According to Shah's study to get out of the lack because it's imminent.

According to Shah's study, he shows that low-income people

think about finances far more than wealthy people.

One of his tests for this theory

was to ask poor people and wealthy people to recall a word list.

...