Young adult living at home with parents.
The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Guess who's wrecking your retirement
The phenomenon of parents helping their Gen Y kids financially is getting lots of attention these days, some of it less than enlightened. Here, a U.S. financial website says "many parents are far too willing to keep the financial umbilical cord intact long after it should be severed." Just fyi, the financial umbilical cord is sometimes a lifeline.
Young people, stop blowing your money on car payments
A guy who's been there talks about his regret over buying a hot new car as soon as he landed a good-paying job. He figures the car cost him $15,000 (U.S.) that could have gone towards buying a house.
Need-to-know stuff about travel insurance
A good reminder about the points to consider when arranging coverage in case of a medical emergency.
Here's a column I wrote recently on the same topic.
The seven principles of smart investing
An investment adviser and university prof team up to help investors understand what's important to their success.
More Money
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Rob Carrick