It’s Halloween season, and one of the reasons we should be scared is because seven out of 10 Americans are so broke they don’t have enough money saved to cover a $1,000 emergency. These Americans live paycheck to paycheck. They know that if they ever experience a short-term layoff or a medical crisis, they will be in big financial trouble. I meet people all the time in my law practice who are living this way. Most of them are decent, honest individuals who are dedicated to their families.
The year was 1970. I was in the eighth grade at St. Mark’s school in Peoria. I remember the day like it was yesterday. One of my classmates — I’ll call him Paul — brought a Polaroid picture to school to show to his friends. Paul and I were the same age — 13 years old. The person in the picture was the girlfriend of Paul’s older brother. She and Paul’s brother were in high school. She was a student at Academy of Our Lady and Paul’s brother was a student at Spalding Institute.
In the home that I grew up in, we were limited in the amount of time we could watch TV. My mom hated seeing her children sitting on the couch watching TV. It was common for her to come into the family room unannounced, walk over to the TV, and shut it off. This frequently happened while we were in the middle of a show. After turning off the TV, Mom would order us to go outside and play.
On a Sunday afternoon in May 1987, I drove my family to my parents’ house so that we could visit with them. At the time, Georgette and I had four children — Harry, Anna, Maria, and Laura. When we arrived, my mom wished me a happy birthday. I had turned 30 the previous week. After wishing me a happy birthday, my mom’s first question was, “How does it feel to be 30 years old?”