The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Stop talking down to Gen Y
Preaching sacrifice and savings to young adults as the way to financial success is ignorant, this sizzling blog post says. For one thing, they have a right to enjoy their lives. For another, conventional financial advice doesn’t fit the reality where today’s young people live. Note: Unlike the author of this blog post, I don’t dismiss the benefits of young adults trying to save money.
Should moms do laundry for boomerang kids?
And now for another take on the Gen Y demographic. It’s an on-the-money rant over a Tide commercial where a mother complains about doing the laundry for adult triplets who have moved home. Conclusion: Adult kids living at home should look after their own basic needs.
Best lists ever
The New Yorker magazine presents the 100 best lists of all time, including a few related to finance. Something for everyone here – food, wine, music and rules to live by.
So how are you doing?
How to track your investment returns using a spreadsheet.