Who’s Rich Anyway?

Rich-Cars
Think about this, in the US the top 20% households make $107,628 annually. If your networth is more than $415,700 you are also in the top 20%. Here is the total breakdown:

Household Income Annually
Top 1%
$521,411
Top 5%
$208,810
Top 10%
$148,688
Top 20%
$107,628
Household Net Worth
Top 1%
$6,816,200
Top 5%
$1,863,800
Top 10%
$952,200
Top 20%
$415,700
WSJ: 2012 data from Tax Policy Center
To put this into further perspective what is considered the poverty line for a two person household is $15,510. Meaning that a two person household making $46,530 makes 300% more than someone in poverty. (http://aspe.hhs.gov/poverty/13poverty.cfm)

So who is rich anyway? This week I was reminded that the little things in life are what matter most. I read an interesting article about Brett Favre. When asked if he would return to the NFL with all the injuries to key quarterbacks, he simply said no. A man who made millions upon millions (top 1%). In the article he explained how he thought he put his family on hold for 20 years and couldn’t stand the idea of putting them off any longer. He now gets to fulfill being with them while doing the things he loves, which actually isn’t football related.

I found that refreshing, that someone who was defined by their work became something more, a father. No matter how much money he made he ultimately valued the things money and fame couldn’t buy.

What are you striving for today, this week, or in life? Do you have more than you need, or do you constantly need the next best thing? We all, including myself need to be reminded that what we have is enough. Don’t let money rule your life, for you might find out it’s not satisfying your desire. Things are only temporary, along with the excitement that comes with them.

Brett Farve article: http://espn.go.com/nfl/story/_/id/9872646/brett-favre-return-sources-saying-rams-reached-out

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