By: Daanish Kachalia
Warren Buffet is the third richest person in the world, yet he never spends more than $3.17 on breakfast, drives a $35,000 car and lives in a house priced lower than the average Toronto home.
With debt at an all-time high within millennials, many students need to manage their money more effectively. According to a Northwestern Mutual 2018 Planning and Progress study, millennials hold an average debt of $36,000. According to the same study, paying debt off is not listed as a top priority for millennials. When it comes to managing your money as a student, saving it is essential.
One may question, why can’t debts be paid off later? The simple answer to that is to secure an earlier financially-stable future. The most obvious factor to consider is interest rates, as they can add up to hundreds of thousands of dollars over time and can be detrimental to a debt-free future.
There would undoubtedly be times when you cannot refrain from spending, like eating out with friends, partying or buying school supplies, but there are ways where your savings can be optimized by some simple tips that you can apply starting today. These tips, which are by no means exhaustive, are created by a student, with students in mind!
If you are living away from home, buying groceries or personal hygiene items can be quite expensive. It is important to note items that are on sale and to buy them in large quantities, especially if it is a necessity. For example, if toilet paper is on sale for $1.50 off, buying the supply for the rest of the school year will result in an immediate return on your money.
Making your money sit in a chequing account is possibly the worst action one can take as it is essentially not growing. Instead, your Registered Education Savings Plans, grants and savings should be placed in a high-interest savings account. By doing this, your money will accumulate over time via interest and you will make riskless return that you would not make otherwise.
Partying is one of those activities where you don’t mind spending money after a stressful week. Although there are certain costs you cannot avoid, there are also many where you can immediately save. Taking the bus being one of them. Why take an Uber or taxi when you can get around the city for free or significantly less? Of course, it would not be as comfortable or efficient, but as students just trying to get by, this method is substantial for a healthy bank account.
This tip may be the most obvious of the bunch, yet many students somehow spend hundreds of dollars throughout the school year on food which is very much an avoidable expense. The best solution would be to meal prep. If you know that you will have a busy schedule in the coming weeks, you should prepare your food ahead of time so you have it available when needed.
Sometimes, many of us unconsciously spend without even realizing it. Knowing where your money goes and taking corrective action can potentially result in a surplus of money by the end of the school year. Today, almost every retail bank offers free analytics on your spending through online and mobile apps. These analytics offer insights such as the months you spend the most on, categories you spend on and spending behaviours. With tracking your expenses, you can possibly realize your unnecessary costs and take the corrective action to reduce spending.
There is no doubt that saving your money effectively can result in less debts and a more financially stable future. When it comes to managing your money as a student, saving it is the key ingredient. Warren Buffet should serve a role model for us all, as he has a net worth of $84 billion USD yet lives a more conservative lifestyle than most of us do as students.
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CORRECTION: In a previous version of this article, there was a graphic that indicated that Josh Marando answered that he "strongly agreed" with the police presence on campus. However, in our survey, Marando answered that he "strongly disagreed" with the police presence on campus. We apologize for this misconstruction and have changed the graphic since.
The Silhouette recently surveyed the four McMaster Students’ Union 2019 presidential candidates on their opinions on where the MSU and the university are doing well and where they can improve.
The survey consisted of seven statements. Candidates were asked to indicate their level of agreement with each statement on a scale from “strongly agree” to “disagree.”
[Best_Wordpress_Gallery id="197" gal_title="2019 Presidentials Survey Results 1"]
The first question asked candidates about their opinions on the statement that “The MSU is committed to equality and inclusiveness.”
The candidates all agreed on the MSU’s commitment to equality and inclusiveness. Jeffrey Campana and Madison Wesley indicated they “strongly agreed” with the statements, whereas Justin Lee and Josh Marando said they “agreed.”
The second question asked candidates whether or not “Increased police presence will promote increased safety of students on and around campus.”
There were a range of opinions on the relationship between McMaster students and the police.
Lee was the only candidate to agree that police presence will promote safety. Campana was neutral, while Wesley disagreed. Marando was the only candidate to strongly disagree.
In September, a string of break-ins in Westdale prompted a greater police presence in the area. During the same month, a video depicting a woman being run over a McMaster police horse was widely shared on social media.
The candidates were mostly in agreement with the statement that the MSU should oppose the provincial government’s free speech mandate requiring Ontario universities to implement a free-speech policy.
Wesley was the only candidate not to agree with the statement, choosing a “neutral” response instead. Campana indicated he agreed, while both Lee and Marando chose “strongly agree.”
In October, the Student Representative Assembly unanimously passed a motion opposing the government mandate.
[Best_Wordpress_Gallery id="201" gal_title="2019 Presidentials Survey Results 2"]
The next question asked candidates whether or not the MSU should lobby against the government’s changes to tuition, student fees and the Ontario Student Assistance Program.
The survey showed that all the candidates were in stark opposition to the provincial government’s changes to tuition, student fees and OSAP announced on Jan. 17.
Lee, Marando and Wesley all strongly agreed with the statement, while Campana selected the “agree” response.
Regarding McMaster’s accessibility, Wesley and Campana indicated there was room for improvement, as they strongly disagreed and disagreed with the statement that the school is “fairly accessible” for students with various disabilities.
Lee and Marando were neutral on the issue.
[Best_Wordpress_Gallery id="202" gal_title="2019 Presidentials Survey Results 3"]
The results also show that none of the candidates are satisfied with McMaster’s current efforts to prevent and address sexual violence. When asked if McMaster does a “sufficient job” in this area, Campana and Wesley strongly disagreed, while Lee and Marando disagreed with the statement.
McMaster’s sexual violence policy is up for review this year.
Overall, it appears that while there is a high degree of agreement amongst candidates on topics such as the Ontario government’s recently announced tuition and OSAP changes, candidates differ in their views on issues like the relationship between students and the Hamilton police and McMaster’s response to sexual violence.
The voting period for this year’s MSU presidential election is taking place from Jan. 22 to 5 p.m on Jan. 24. To vote, students can fill out the ballot sent to their McMaster email or login and vote at www.msumcmaster.ca/vote.
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Healthy eating can be the last thing you have time to think about when you have papers due and midterms to study for. is curried chickpeas with spinach and
tomatoes recipe is an opportunity to cook a healthy meal while fulfilling your craving for a warm and comforting
dish.
This recipe was made with students in mind. It’s flavourful, delicious, nutritious and simple to make with accessible ingredients from your local grocery store or the
Hamilton Farmers’ Market. Unlike the other aspects of student life, cooking can be uncomplicated. This recipe is fast and easy to make regardless of skill level.
Have a little more time on your hands? is recipe is made to serve four and is perfect for sharing a homemade meal with your friends or housemates. Complete your curried chickpeas dish with flatbread, naan or steamed white rice.
Curried chickpeas also taste better the next day and freeze well too, so make sure to make the full batch and freeze the rest for those tight days.
[button link="https://www.thesil.ca/wp-content/uploads/2019/01/Curried-Chickpea-Recipe.png" type="big" color="orange" newwindow="yes"] Print recipe here![/button]
Joanne Rappos is the Hamiltonian home cook behind Olive and Mango, a food blog dedicated to sharing her recipes from a variety of food cultures, including her native Greece and Caribbean in fluences from her husband’s side of the family. From Rappos’ popular sheet pan meals, like Greek shrimp with tomatoes and feta, to her golden lemon ricotta wa ffles, there’s something for everyone try making in their own kitchen.
The Olive and Mango blog and Instagram feed are thoughtfully curated with photographs worth getting hunger pangs over, which may just be the push we need to get inspired by her recipes. Rappos’ was just as careful with creating this curried chickpeas recipe for the Sil, she even relies on it at least once a week because it’s just that good.
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By: Adriana Skaljin
Cassandra Rufenach is a fourth-year biology student and wrestler for the McMaster wrestling team. Rufenach started wrestling in the 11th grade for half a season, and played a full season in her final year of high school.
Her decision to start wrestling was inspired by her love for taekwondo, which led to a desire to do something that shared the same level of physical contact. She loved her experience on the high school wrestling team, and continued her career at McMaster for the past four years.
“There was a big transition going from high school to university-level wrestling,” explained Rufenach. “At McMaster, we started to learn the sport [beyond] having fun, so I had to relearn everything I knew.”
“I started [late into high school] because I didn’t know that women were allowed to be on the wrestling team,” said Rufenach on her experience going into a male-dominated sport. “I remember being told that it was a boy’s sport, but I joined anyways because I was already [participating in] fighting sports.”
Rufenach accounts for the physicality of wrestling as the reason why it is male-dominated. This is reflected in McMaster’s roster size, with the men’s team approximately double the size of the women’s.
“The sport [requires a high level of] physicality and is a tough and aggressive sport,” explained Rufenach. “Whenever I tell anyone that I am on the wrestling team, they are surprised because of my size and the fact that I don’t fit the [wrestling stereotype].”
There are 4️⃣ @mcmasteru teams ranked in this week's @usportsca Top 10s, with @MACMVB and men's wrestling both moving up two spots!
♂️🏐⬆️4️⃣
♀️🏀↔️4️⃣
🤼♂️⬆️6️⃣
🤼♀️↔️9️⃣#GoMacGo pic.twitter.com/qqPgOWV8jK— McMaster Marauders (@McMasterSports) January 15, 2019
This disparity is not just limited to wrestling, despite the fact that many women show interest in athletics. Rufenach notes that there is still more progress that needs to be made .
“We need to bring [more] awareness to women in sports and show that girls are just as capable as guys,” said Rufenach. “We need to make [female athletics] more apparent [in society] and provide equal highlights for both sexes.”
Despite her acknowledgement that wrestling is a male-dominated sport, she commends her team on being inclusive and equal between the male and female wrestlers.
“The male wrestlers on the [McMaster] team are good at being welcoming to us females and there is no exclusion,” said Rufenach. “There are physical differences between the women and the men, and the guys take that into account and wrestle us more tactically [in practice].”
“Everyone has their own individual areas of improvement,” said Rufenach on the team’s dynamic. “As a whole, our closeness helps [to unify us by the fact] that it is our sport.”
When asked about her individual areas of improvement, Rufenach explained how last year she was able to crack the standings unlike the year prior. She owes her new found success to her personal motivation tactics.
“I tell myself to stay calm [before a match] and remain focused,” said Rufenach. “Each match is a learning experience. It should not matter if you win or lose. You need to focus on wrestling your best and at a level that you will be proud of.”
Rufenach provided advice to any woman considering a start in wrestling.
“It’s going to be hard work; you need to be aware that hard work pays off,” she said. “Don’t be intimidated by the fact that it is considered a male-dominated sport. It doesn’t matter and it shouldn’t matter.”
It is evident that with passion, perseverance and acceptance, female wrestlers such as Cassandra Rufenach have the ability to participate in the sports they love. It is important to move past the male-normativity that is placed against sports, such as wrestling, and strive to recognize female athletics.
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By: Hannah Marcus
Most McMaster University students have listened to a guest speaker at the beginning of class offering an exciting summer opportunity or seen a table in the student centre displaying images of “exotic” places where students can volunteer. The combination of travelling while contributing to a humanitarian cause is certainly enticing.
If volunteering abroad is something you might be interested in, the following considerations can serve as a guide for making informed and ethical decisions. A good place to start when assessing an organization’s merit is through viewing how it advertises its projects.
How does the organization frame the volunteer experience? While dolphin rides, rainforest excursions and local village tours may seem attractive, if such components comprise the organization’s central advertisement strategy, the project’s goal is likely to provide a fun experience rather than helping the local community in any meaningful way.
The depiction of local communities through exoticized imagery — a tactic implicitly disparaging of those represented — is another aspect of the organization’s promotional strategy to be wary of.
Besides advertisements, it is important to question who is running it. Is it run by the same company facilitating the trip, a locally-based non-governmental organization, community workers or locals?
Generally, if the project is planned and implemented by the company rather than a local organization within the community, it is justified to question if the project is targeting community needs over volunteer interests.
Another necessary consideration is the length and cost of the project. Given the time restraints for volunteering overseas as a student, you may wonder then if it is possible to contribute anything meaningful.
The answer lies not necessarily in the length of your trip but in the duration of the project itself. Will your few weeks spent abroad contribute towards a long-term project that will endure for several years after your departure? Or has the organization constructed an artificial project catered to your short timeline of service?
In regards to cost, be wary of organizations charging astronomical amounts. It is not uncommon for the majority of your money going towards the volunteer company rather than the local community itself.
Finally, of greatest importance, is the question of exactly what you will be doing overseas. As a general rule of thumb, if you are not qualified to do such things in your home country, you should not be doing them abroad.
More flexible labour laws and a so-called “local skills deficit” do little to address your lack of qualification and risk of exploiting local people for your own gain. There is no reason to believe a 20-year-old westerner is better equipped to build a local school, plant trees or implement a new educational program than the very individuals who know their community best, and would likely appreciate the employment themselves.
In contrast, things like teaching English at the request of the local community, completing small tasks under the direction of local leaders or simply being a passive observer of locally-led community initiatives for your own educational exposure are common volunteer responsibilities characteristic of projects grounded in a more ethically-oriented, community-centric approach to international development.
So next time a guest speaker comes to your class to talk about a summer volunteering opportunity or you come across an international volunteer poster on campus, you can take out your mental toolbox to critically assess the merits of the organization.
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By: Donna Nadeem, Anastasia Gaykalova and Matthew Jones
At the McMaster Students’ Union Student Representative Assembly on Nov. 25, the SRA passed a number of policy papers, including “Tuition & Student Financing in Post-Secondary Education,” “On-Campus Infrastructure” and “Student Engagement & Retention.”
Rising tuition is one of the most pressing issues affecting post-secondary students in Canada.
Once enrolled, OSAP provides a number of grants and loans to students with financial need to lessen the costs of tuition.
While not mentioned in the policy paper, it should be noted that Ontario government’s recently announced changes are expected to reduce tuition by 10 per cent but also scrap OSAP grants for low-income students and remove the six month grace period that students were previously given to pay off their loans following graduation.
The policy paper argues that restrictions to the current OSAP deny many individuals access to its services, pushing back these students’ entry into post-secondary education.
It also notes that tuition increases by a substantial rate each year, continually surpassing the rate of inflation.
According to the paper, currently, 53 to 70 per cent of student financial aid through OSAP includes loans.
Although offering loans to pay back tuition later may appear to help with accessibility and enrollment, the more tuition rates increase, the greater the amount students will have to pay back.
During student interviews included in the policy paper, students said that they have noticed tuition rising, but not at a specific rate, and acknowledged that they were unsure of the details surrounding tuition rate.
However, students also said they felt strained financially and found it harder to pay off their debt each year.
The policy paper also points out that McMaster has one of the lowest budgets for entrance scholarships in Ontario.
McMaster’s automatic entrance awards are lower than those offered at Queen’s University, University of Western Ontario, University of Toronto and the University of Guelph, for instance.
The MSU recommends that McMaster consider a monthly tuition payment plan.
Recommendations for the government include re-evaluating interest rates on student loans and making OSAP cover a larger percentage of tuition for low-income students in some programs.
Major themes in the Infrastructure policy paper include campus accessibility, transparency, deferred maintenance and student study spaces.
The SRA’s first recommendation is for facility services to oversee a new campus accessibility review with a new action plan, examining infrastructure concerns in more detail.
Regarding accessibility, the SRA believes elevator issues and the installment and repair of automated doors should be seen as priority areas for maintenance.
The policy paper also affirms that “bad weather should not be a deterrent for students to access their education.”
Another concern addressed is the lack of air-conditioning in some residences. Currently, only five out of twelve residences have AC.
During warm weather, the heat poses a risk for students’ health, as many reported experiencing heat stroke symptoms during Welcome Week this past year.
The paper recommends that all residences have AC and that Residence Life provide more fan rentals.
Another infrastructural problem is that buildings at McMaster are not as well maintained as they should be, creating a non-ideal learning environment for students.
For instance, many older buildings have broken seats and tables.
The policy paper also touches on insufficient and inefficient on-campus workspaces.
For instance, the university does not have enough group study facilities for its growing student population. Many such places are often full or completely booked.
These issues are planned to be resolved by introducing more compact book stacks to free up space.
Some on-campus spaces also lack reliable wifi.
The policy paper explains that the university is planning to create a self-reporting network tool for students to report “dead zones,” which can be fixed.
To ensure future buildings consider the needs of students, the SRA suggests that some MSU members sit on a design committee for the coming Peter George Centre residence.
This policy paper highlights key issues regarding student engagement and retention, including student dropout rates and off-campus students’ engagement within individual faculties and services.
At McMaster, 10 per cent of first-year students do not continue onto pursue their degree. The policy paper notes that marginalized students are more likely to experience barriers to completing post-secondary education.
“[The] policy aims to utilize evidence-based research to identify gaps and targeted opportunities for particular focus groups of students, including first-year students, first-generation students, racialized and marginalized students and student groups, and commuter students,” reads part of the paper.
The MSU paper emphasizes that marginalized students should have “equitable access student success and satisfaction on campus” in response to structural barriers.
The policy paper makes several recommendations, such as the incorporation of prior-learning assessments for students who want them.
The paper also raises concerns regarding off-campus students’ engagement with respect to public transit, volunteering and community engagement.
“The MSU advocates for greater transparency and efforts by the university towards student engagement on campus and within the broader Hamilton community,” reads part of the paper.
According to the paper, commuter students face a higher risk of dropping out when they feel disengaged and disconnected from campus.
Commuter students may be restricted from developing social connections or a sense of belonging on campus.
The paper recommends creating a “centralized social hub” to address the disconnects faced by commuter students and the campus.
Additionally, the document advises the off-campus resource centre to work more to encourage campus opportunities to bolster social events while also increasing the number of resources for students who commute.
All of the policy papers be found in the “SRA documents” section of the MSU website.
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Elections for the next McMaster Students Union president are wrapping up with polling closing on Jan. 24. As students cast their ballot this year, they are presented with five options: to vote for one of the four candidates, or to abstain. However, students should also be given the option to cast a vote of no confidence.
A vote of no confidence is essentially a vote claiming that the student has no confidence in the presented candidates and would not like any of them to act as a representative for the student. This could be due to a variety of reasons ranging from the infeasibility of the candidates’ platform points to judgements made on the candidates’ character.
While students can abstain, an abstained vote has ambiguous meaning. Although one can abstain because they feel a lack of confidence in all the candidates, abstained votes can also mean the voter feels uninformed to select a candidate, or cannot decide between equally-qualified candidates. Simply put, an abstained vote is not equivalent to a vote of no confidence.
The idea to implement a vote of no confidence is not novel. It was first proposed by Eric Gillis in 2014 when he was the 2014-2015 bylaws commissioner for the Student Representative Assembly. Since his initial proposal, the idea of a no confidence vote has been continuously advocated for by Miranda Clayton, who worked on the bylaws committee in 2014-2015 before her role as operations commissioner in 2015-2016.
Gillis and Clayton hoped to have a vote of no confidence implemented for SRA elections. As it stands, if only one person runs for a seat on the SRA, that seat is considered acclaimed by the individual. This is a consistent issue in the SRA where many seats are acclaimed. In doing so, students are deprived the opportunity to voice their oppositions or give any input into their representation.
This makes little sense. If others have to create platforms, run campaigns and be supported by the student body to obtain their seat, why shouldn’t candidates running unopposed be held to the same accountability? In essence, acclaimed seats should not exist as those seats are not truly representative of the people they are meant to represent. Instead, students should be able to take a vote of confidence on candidates running for those seats.
According to Clayton, the reason a vote of no confidence has not been implemented yet is largely due to such a change requiring major electoral reform. Ballots would have to be made to include a “no confidence” option and this would require major restructuring to the online ballot system and perhaps even changes to the MSU constitution.
Though these changes may be a large undertaking, they are nonetheless critical to ensure students are being represented properly.
The idea of a no confidence vote, while created with the SRA elections in mind, can be applied to the MSU presidential elections. If students are not confident in any of the candidates running, this is a problem that should be recognized and addressed by the student union.
I understand the risk associated in abstaining to vote or casting a no-confidence vote when multiple seats exist. In scenarios like these, it may make more sense to vote for the “lesser of two evils”. But if students truly feel that none of their options are good, they should have a forum to voice their concerns.
If the majority of voters have no confidence in their presidential candidates, this calls for drastic change. I’m not certain what sort of change this might entail. It could include holding a re-election, or changing the election bylaws to ensure candidates meet a level of standards and qualifications.
This might also be a non-issue. Perhaps students do feel confident in their given candidates. The only way we can know for certain is to allow students to have the option to vote no confidence.
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Last week, the Silhouette News team wrote up platform critiques for each of this year’s McMaster Students Union presidential election candidates. The critiques collectively point out that while the candidates are trotting out some interesting ideas, many are patently unfeasible.
Madison Wesley advocates for a McMaster campus store textbook rental program, but the director of retail services at McMaster told our News contributor that the program would be impossible to implement.
Justin Lee hopes to unveil “Uber for Busses,” but does not establish how he will work with app developers, the Hamilton Street Railway, McMaster and Hamilton city council to bring this to fruition.
Jeffry Campana aspires to build a McMaster ice rink by 2020, but as our News Reporter highlighted, plans to do the same in previous years collapsed in the face of insurance and accessibility obstacles.
Josh Marando wants to increase the deferred maintenance budget by $12,000,000 a year. Nevertheless, as our Features Reporter articulates, Marando’s plan hinges on acquiring Ontario government grants. Under the Ford government and recent budget cuts, this plan is just not feasible.
This is not to say that this year’s candidates have a limited knowledge of the MSU and what students care about. With a renewed focus on issues like accessibility and food security, the candidates seem to be cognizant of at least some pervasive student concerns.
They just also failed to do their MSU due diligence and consultation homework.
Whoever wins tonight should keep in mind that the MSU president does not have jurisdiction beyond the maroon-coloured walls of the union’s office.
Our next MSU president should fight to uphold their promises, but also shrink their imagination down to what is possible during their term.
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