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Carrick on money: Confessions of a money hoarder

canadian money

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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.

True confessions of a money hoarder
A blogger talks about how she beat her addiction to stashing all available money in a savings account. OK, not the worst financial habit to have.

The student debt horror show
This eight-minute scary film dramatizes the plight of young adults struggling to pay off their student loans. A writer for The Atlantic wasn't much impressed, but I liked it.

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How fees eat your retirement savings
Here's an infographic that shows how investing fees undermine the returns you get from mutual funds. This is a U.S. example, so 401(k) plans are referred to instead of RRSPs. However, the general concept is the same. Fees erode returns.

Unleash your inner predator
That's one of six tips presented here for buying a home in the weakening but still massively expensive Vancouver market.

More money
Join the 28,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter .

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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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