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TODAY'S Money Tip

Use the 24 hour rule. This rules helps avoid purchasing expensive or unnecessary items on impulse. Think over each nonessential purchase for at least 24 hours. This is particularly easy to do while shopping online, because you can add items to your cart or wish list and come back to them a day later.

Pretty alarming statistics considering this from CBS News:

 "The odds of winning a NCAA sports scholarship are miniscule. Only about 2 percent of high school athletes win sports scholarships every year at NCAA colleges and universities. Yes, the odds are that dismal. For those who do snag one, the average scholarship is less than $11,000."

For seven other salient points see the linked article below on 8 things you should know.

Quote of the day

Wealth consists not in having great possessions, but in having few wants. --Epictetus

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Eye Catcher

College Costs Now and Eighteen Years Hence

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