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Carrick on money: It’s not funny to be dumb about money

Empty black wallet, in debt and spending.

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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.

It's not funny to be dumb about money
A blogger asks why we accept a level of ignorance about money and investing that would be embarrassing in other areas. This is an American perspective, but it applies to we Canadians just as much.

With a goal of creating a more financially literate population, today has been declared Talk With Our Kids About Money Day by the non-profit Canadian Foundation for Economic Education.

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Here's a humorous twist by a colleague of mine on a list of 10 conversation starters I offered in a column this week for parents who want to talk to their kids about money.

Preferred shares to the rescue?
A good analysis of whether preferred shares are a viable alternative for investors who are choking on low bond yields.

I'm spending my tax refund on…
Six people explain how they'll spend their refund to treat themselves, their friends or their pets.

Advice on finding an adviser
Mistakes people make when picking a financial adviser

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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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998. Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

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