by Leif Jensen | Oct 27, 2025 | General |
As a follow-up to my last post on Functional illiteracy today, I now address the past. General illiteracy rates in the 1930s In 1930, the US Census reported 4.3% of the population aged 10 and over as illiterate, meaning they could not read and write at all. For those...
by Leif Jensen | Oct 22, 2025 | General |
I was rereading “Pudd’nhead Wilson” by Twain again, I enjoyed it years ago and wanted to reread it. There was a mention of the illiteracy of some of the populace of Dawson’s Landing MO. So, I thought where do we stand as a people today in the US. Functional...
by Leif Jensen | Oct 20, 2025 | General |
It almost sounds like the beginning of a joke, yet it is the truth. William Shakespeare made investments that could be considered annuities to provide him with retirement income, similar to a modern pension. Specifically, in 1604, concerned about his financial future,...
by Leif Jensen | Oct 15, 2025 | General |
How many Americans have $10,000 in savings? Would you believe 4%? Last year, GoBankingRates surveyed more than 5,000 Americans only to uncover that 62% of them had less than $1,000 in savings. Last month GoBankingRates again posed the question to Americans of how...
by Leif Jensen | Oct 13, 2025 | Rant |
We all know that building solid retirement savings takes years, even decades, for good reason. You can easily spend twenty or more years without a paycheck in retirement. That’s why financial advisers strongly encourage everybody to save early and often (just like...
