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More families are throwing half-birthday parties for their children. (Getty Images/Thinkstock/Getty Images/Thinkstock)
More families are throwing half-birthday parties for their children. (Getty Images/Thinkstock/Getty Images/Thinkstock)

Money matters

Carrick on money: Kids’ birthday parties are out of control Add to ...

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Kids’ birthday parties are bananas these days
A mother featured in this story paid $1,000 for her one-year-old to have a Paris-themed party with a mini Louvre and fancy pastries. The point made here: You don’t have to spend that much.

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Why it’s getting more expensive to be poor
This infographic shows how prices are falling for things like TVs, computers and smartphones, but rising for food, child care and vehicle maintenance.

Detroit’s bigtime house deals
A three bedroom house goes for $34,100 (U.S.) in the city’s first auction of vacant homes. I think the same house just sold for $1-million in Toronto.

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