The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Thanks for wrecking the economy, mom and dad
A U.S. take on the plight of the young adults who are part of the millennial generation. They face a tough job market today, and down the road they’ll have to deal with economic problems left behind by the baby boom generation.
Don’t break a leg
If you travel outside of the country without medical insurance, you’re taking a huge gamble that you won’t incur potentially expensive costs associated with hospitals and doctors. This infographic shows how even relatively minor accidents can cost tens of thousands of dollars.
Here, a personal finance blogger explains how he’s been saved by having travel insurance.
In this Let’s Talk Investing video, an expert on travel medical insurance looks at whether you need this coverage if you’re taking a day trip to the United States, if you have some coverage through your group plan through work or if your child is travelling abroad.
How to stay safe online
If you have online access to a lot of financial accounts and products, you’re probably struggling to keep track of all your passwords. One solution, a bad one, is to use obvious, easily guessable passwords like the ones mentioned here.