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money matters

Buy vs rent debate for young Canadians.Deborah Baic/The Globe and Mail

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

Five ways renters are smarter than owners
This list won't likely convince hardcore believers in home ownership, but it's a fun read.

Ten financial tips for newlyweds
A newly married blogger offers his take on how spouses can get their finances in order.

For teens who love to spend money
There's a great twist in this blog post's advice for big-sending teens: "Go ahead and spend your money because you'll never know a time with fewer financial obligations than you have right now."

The 411 on mortgage penalties
A mortgage broker's blog looks at how lenders calculate mortgage penalties – there are big differences that can add up to more than $7,000 on a $250,000 mortgage.

Here's a call for lenders to provide better disclosure of mortgage penalties.

More money
Join the people who are part of 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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