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personal finance reader

Businessmen with increasing salaries

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

So You Think You're Financially Literate

Test yourself by checking out the Cranial Cash Clash, an online tool developed by the non-profit Investor Education Fund to help people assess their level of financial knowledge. As you work your way through, you'll find plenty of links to the educational material on the IEF's website, GetSmarterAboutMoney.ca.

Stung By Low Mortgage Rates

How people can make bad mortgage choices when they put getting the lowest possible rate above all the other factors that go into a good mortgage.

Separating Used From Abused

Some tips for user car buyers. Note the one about having a car inspected by a mechanic before buying. I've walked away from a couple of used car purchases thanks to sharp-eyed mechanics.

The Debt Drama Makes It To TV

One hundred families in the Vancouver suburb of Aldergrove have taken on the challenge of cutting their debts and improving their overall financial situation. The goal: Increase their total net worth by $1-million in three months. Click here for the first episode of Million Dollar Neighborhood.

Personal Finance on Facebook

Subscribe to my Facebook page for discussions like the ones this week on restaurant tipping, new bank fees and scam investments.

Follow us on Twitter: @globemoney

Editor's note: If you don't receive Rob Carrick's newsletter twice weekly by email, you can sign up to get it for free at The Globe and Mail. All you need to do is register for the site, or if you've already registered, log in and go to your profile at the top of the homepage. Once you're in your profile, look under Newsletters and Alerts and look for the Personal Finance Reader and other newsletters. Other financial newsletters include: Business Ticker, a summary of the day's top business stories; Berman's Market Update, a summary of the markets at the open, noon and close; and All-Star Investors, a monthly collection of articles exploring an investing trend or theme.

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