The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Knucklehead newlyweds go house hunting
Three rookie home buying blunders are listed here, the first being a focus on interest rates at the expense of other mortgage features.
Here’s a chart showing how there are nearly as many cellphone subscriptions in the world as there are people. The big loser here: landline telephones.
A blogger explains a decision to stop using Mint.com, an online service that aggregates all your bank accounts and provides a big-picture report on your spending. The concern raised here is security-related – you have to give Mint passwords for all your accounts, and that means you’re responsible if anyone hacks your accounts. I’m still waiting to hear of a single example of hackers gaining access to someone’s account through Mint.
A ballplayer’s brilliant financial planning
Bobby Bonilla had a middling career as a baseball player, but the contract he signed back in 1991 with the New York Mets might be one of the smartest ever signed by an athlete.