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

How winning the lottery makes you miserable
Many stories about lottery winners remind us that money does not buy happiness. Though I imagine this week's Powerball winner is feeling pretty good right now.

Seven things that shouldn't impress us any more
A blogger on the theme of minimalism writes about how people should no longer be impressed by clothing brand names, the price of a car and more.

More on the theme of living below your means and not being caught up in consumerism, this time focusing on driving an old beater of a car.

Buying cheap clothes? It says here that quality clothes are a better value.

All you need to know about bear markets
The Canadian market is in bear territory now. Here's some analysis to help you understand what that means.

More money
Join the people who are part of my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

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