Imagine you and your brother have $5 to buy candy. He wants Tootsie Rolls and you want Oreos. You argue about what to buy. Suddenly you realize, “Why argue? Let’s buy $5 of each!” Unfortunately, life does not work that way. You cannot buy $10 of candy with $5. Similarly, you cannot increase the budget...
If you choose to open a checking account with PNC National Bank just because it’s a big bank with a reputation, then you’re making a mistake. Bankrate’s 2016 high-yield checking survey determined that the bank with the highest annual percentage yield (APY) on a rewards checking account with a balance up to $10,000 was Ouachita...
When financial emergency strikes, most students will not be prepared. Your car overheated this morning and made you late to class, but because you spent $10 on a bottle of wine last night, you don’t have $10 in your bank account to buy coolant. According to a 2016 survey conducted by the Federal Reserve, 46...
“Gary Johnson is not a real libertarian!” You’ll see this on Facebook, in the comments sections of various political websites, in YouTube comments, etc. It’s a putdown of the man representing the Libertarian party, which in its 40-some years of existence could always claim ideological purity, if not much else. But something different has been...
Hillsdale College’s plan to cut its operating budget by 5.5 percent next year may seem sobering, but its ability to do this without affecting student life highlights the school’s financial strength. Put in context of many other schools of a similar size and mission, Hillsdale has positioned itself in a much more positive place to...