economics

The Economic Breakdown of a Boxing Purse — Who Gets What?

There are hundred thousand dollar purses (also known as handbags), and then there are boxing purses. In the case of the Floyd Mayweather vs. Manny…

A Financial Explainer of Your Favorite Company’s ‘Free Day’

There’s no denying that we love free stuff. We wait for hours in the cold for free pancakes; we flock by the thousands for free…

What to Do If You Suddenly Lose a Bunch of Money

Perhaps you invested in the wrong cryptocurrency; perhaps you drank it all away at the local pub. Maybe you suffered a terrible event like a…

What the Hell Is ‘Good Debt,’ Anyway?

Modern adult life all but requires us to borrow money for something or other, and your credit score is getting ever more important. It may…