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Carrick on money: What don’t you understand? TFSAs rule!

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

What don't you understand? TFSAs rule!
A strong argument that contributing to a TFSA is the way to build wealth, even if a recent poll indicated that just four in 10 people have one.

Get your "stuff" in order
After her husband died suddenly in a bike accident, Chanel Reynolds found herself struggling to manage her family's financial affairs. As detailed in this New York Times story, her experience led her to create this website to help others get their finances and estate planning in order. Warning: the website's name is an attention grabber that may offend some.

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The debt problem in pictures
This infographic offers some perspective on both government and household debt in Canada. Let's just say we owe plenty on both counts.

What about a Ferrari, hon?
As industry-wide car reliability improves, buyers are focusing more on other factors like styling.

More money
Join the 19,000+ 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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