Editor: wpgeditor Name James Privileges EDITOR

Ret. Independent Financial Analyst


The poverty rate and number of families in poverty increased from 9.6 percent and 7.2 million in 2002 to 10.0 percent and 7.6 million in 2003. The corresponding numbers for unrelated individuals in poverty in 2003 were 20.4 percent and 9.7 million (not different from 2002).

Real median household income in the United States rose by 1.1 percent between 2004 and 2005, reaching $46,326, according to a report released by the U.S. Census Bureau. Meanwhile, the nation’s official poverty rate remained statistically unchanged at 12.6 percent. The percentage of people without health insurance coverage rose from 15.6 percent to 15.9 percent (46.6 million people).

Most Noteable Advice: If you are under the age of 30, spending more than 40 hours per week at work, have bags under your eyes, and earning more than enough to get by. Stop, relax, take a week off of work. Please, get back to reality, spend time with family and friends. As an oldtimer, one life lesson I have learnt the hard way is how precious time is, how fast time goes by. Time continues to go faster than you think. Really, can you remember being 18 years old? Please, relax and take a breath in, realize what you are missing around you!