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Would you put your retirement at risk for your kids?

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

Anything For The Kids

Question for you parents out there: Would you raid your RRSP to help your child pay for university or college? The Financial Highway blog's answer: Probably not. Save yourself the from having to face this question by contributing regularly to a registered education savings plans for your kids.

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Here's a primer on RESPs I wrote last month. Note the figures that show how little use is being made of them.

Travel Traps

Consumer Reports on six common ways to trip yourself up when booking your own travel, and how to protect yourself.

The Joys Of Renting

This Maclean's article performs a great public service by talking up the idea of renting a home instead of buying, especially when you're a young adult.

Editor's note: If you don't receive Rob Carrick's newsletter twice weekly by email, you can sign up to get it for free at The Globe and Mail. All you need to do is register for the site, or if you've already registered, login and go to your profile at the top of the homepage. Once you're in your profile, look under Newsletters and Alerts and look for the Personal Finance Reader and other newsletters. Other financial newsletters include: Business Ticker, a summary of the day's top business stories; Berman's Market Update, a summary of the markets at the open, noon and close; and Trade by Numbers, a monthly collection of articles exploring an investing trend or theme.

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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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