The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
How to avoid sneaky fees
This video highlights some unauthorized charges you may be paying on your credit card or utility bills.
There’s no way I’d date a debtor
A blogger calls out the many people who said in a survey they wouldn’t date someone who was in debt. She says that our national numbers on borrowing suggest a lot of these debt snobs must owe money themselves.
Getting to know annuities
Annuities offer a guaranteed flow of income for as long as you live in retirement, which seems like a pretty good selling point in today’s uncertain financial world. But annuities aren’t well understood by investor or advisers, and that means they may not be getting the consideration they deserve. Click here to see an example of how an annuity might work for a portion of your retirement savings. There’s also five-minute video that clearly explains how annuities work.
Here’s my most recent column on annuities.
How to avoid being another poor college student
The university and college year is just about over and many students will probably have used up all their money by now. Here are some tips that can help money stretch further next year.