Summary: Portfolios of the Poor

Exploring the financial lives of the world's poor, this summary delves into how individuals manage their limited resources on just $2 a day. It highlights the diverse strategies and portfolios they create to cope with economic instability, including various forms of savings and borrowing. The authors provide insights into the daily challenges faced by low-income families and how they navigate financial decisions, revealing the complexity and resilience of their economic behaviors. This work sheds light on the realities of poverty and the innovative ways people adapt to survive.