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Carrick on money: Ask yourself these questions before buying a home

Couple with house key

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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.

Ask yourself these questions before buying a home
I like this list because it gets you to think about preferred lifestyle and future plans.

Here's a calculator you can use to help you work through the question of buying or renting a home. It was created by the New York Times, so it's U.S.-focused. But it does help outline the many costs that homeowners face and renters avoid.

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How to interrogate the person managing your money
A good list of questions that will help you find out if you're dealing with an adviser who is more than just an investment sales clerk.

What killing the penny did
This Montreal-area man tracked all his everyday transactions since the penny was eliminated early last year, and he's 89 cents richer overall. Retailers have been rounding prices up or down to the nearest five cents since the penny's demise.

The world's most expensive doughnut
Krispy Kreme UK created this lotus-shaped oddity to celebrate National Doughnut Week. The cost is 1,000 pounds, which gets you Dom Pérignon vintage 2002 champagne jelly, gold leaf and edible diamonds.

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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