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money matters

Lottery winners blowing their wealth and money.

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 to blow a lottery win
She won $10.5-million in a lottery nine years ago, and now she's living paycheque to paycheque.

Are you being paid too much?
If you use a monthly income mutual fund to generate investment income, read this blog post about how one particular mutual fund recently slashed its monthly distribution to make it more sustainable.

Why you buy
Famous film directors made these TV commercials for companies like Apple, Sony and American Express.

Budgeting helps make kids smarter about money
Want to help your college- or university-age student manage money better? Suggest they use a budget to track spending.

More money
Join the 21,000+ 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.