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 much do I need to save?
This Economist blog post looks at a measure of how much money you need to save for retirement and, in doing so, makes an argument for annuities. Here’s a Let’s Talk Investing video I did on the topic of annuities.
Hungry for financial help
This infographic suggests employees would welcome financial educational programs from their employers. The implication here is that helping people take control of their money would reduce stress levels and make them more productive.
The answer to high house prices
Joel Allen, a B.C. computer technician, has built himself an egg-shaped tree house in a forest near Whistler. It’s called the HemLoft and it was built using items obtained on Craigslist.
No wonder people aren’t using them
The Canada Learning Bond and the Canada Education Savings Grants are government programs to help low-income parents save for their kids’ post-secondary education. Why aren’t they as well used as they could be? Read this blog post where a social policy expert shadows some parents trying to apply.