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Carrick on money: Confessions of a money hoarder

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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.

True confessions of a money hoarder
A blogger talks about how she beat her addiction to stashing all available money in a savings account. OK, not the worst financial habit to have.

The student debt horror show
This eight-minute scary film dramatizes the plight of young adults struggling to pay off their student loans. A writer for The Atlantic wasn't much impressed, but I liked it.

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How fees eat your retirement savings
Here's an infographic that shows how investing fees undermine the returns you get from mutual funds. This is a U.S. example, so 401(k) plans are referred to instead of RRSPs. However, the general concept is the same. Fees erode returns.

Unleash your inner predator
That's one of six tips presented here for buying a home in the weakening but still massively expensive Vancouver market.

More money
Join the 28,000+ people who subscribe to 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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