Everybody is a borrower and a lender in today’s economy. Every time a person uses a credit card, they are borrowing money from a credit lender. In each transaction, interest is involved. But what is interest exactly, and how does… Read More
You have probably heard by now that the national debt is the biggest it has ever been and that it’s only growing, as each year sees a new record high. But what is the national debt? And why should we… Read More
Two Trade Deals – China and USMCA This week saw big news in terms of U.S. trade with other countries. An agreement was finally reached with China in phase one of trade negotiations, while the U.S.-Mexico-Canada Agreement (USMCA) is soon… Read More
Have you ever made money doing chores at home or by setting up a lemonade stand in your neighborhood? Have you earned pocket money, worked a summer job, or paid for items with cash? Most people use money almost every… Read More
Since July 2009, the federal minimum wage has been $7.25 per hour. The House of Representatives voted to raise it to $15 by 2025, but the Senate probably won’t. But why is the minimum wage such an issue between Republicans and… Read More