The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Party for three-year-old costs $50,000
That's $50,000 Australian dollars spent by parents on a party for their three-year-old daughter. To summarize the Disney-themed festivities, the child's name was lit up in giant lettering, and she enjoyed a fairy floss station, face painter, balloon artist, photo booth, roving entertainment and a children's high-tea.
Let dividends pay for your retirement
A blogger summarizes various views on living in retirement off dividends paid from a portfolio of stocks.
The frugality fallacy
A blogger's rant about coupons. He got stuck in a checkout line behind someone with a handful of coupons to present to the cashier.
Family of four lives on one income
Here's the voice of the Million Dollar Journey blog on how his family lives off one income.
And here's my column on another family of four living on one income – in a basement apartment.