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Carrick on money: Boomerang kids aren’t bouncing back

Boomerang

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The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Boomerang kids aren't bouncing back
The New York Times looks at how moving back home is working out for millenials. In some cases, they're just not able to find jobs that will enable them to achieve financial independence. Note the stunningly high debt levels some of these young adults have racked up. A reminder of how much higher U.S. post-secondary tuition costs can be.

Life insurance options for Gen Y
A 29-year-old's story is used in this article about buying life insurance when you're a young adult.

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The latest in condo amenities
It's a cold storage room where residents can have their online grocery orders stored if delivered during the day.

The definitive guide to Canada's financial industry
This infographic "org chart" shows how all the various players in the financial industry fit together.

More money
Join the 45,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters.

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998.Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

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