The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
“Another reason to hate boomers”
It’s because they’ll be able to backfill years of inadequate retirement savings by dumping their houses at the top of the real estate market, this blog post argues.
Rise of the cord cutters
This report says there’s a steady increase in the number of people who are thinking about cancelling their cable or satellite TV. It’s partly the increasing profile of online viewing options like Netflix, and partly a desire to save money.
A millennial answers back at critics who think today’s young adults are pampered whiners who have nothing to complain about in terms of post-secondary educational costs and job prospects. For an example of the guff millenials have to take, consider this blog post, which has generated rebuttals like this one.
Hey, irrational spender
The federal Finance Consumer Agency of Canada has produced this online quiz to help people see whether they make their spending decisions rationally.