Grandmother's three-part formula for escaping poverty
When Francie is born, her illiterate immigrant grandmother Mary Rommely gives her daughter Katie a plan for lifting a child out of poverty: read one page of Shakespeare and one page of the Bible aloud every day, save pennies in a tin-can bank nailed inside the closet, and use the savings to buy land. The mechanism is that literacy, disciplined saving and property ownership compound across one generation, so a parent who cannot escape herself can still build the ladder her child climbs.
