Skip to main content

Flushing Money Down the Toilet

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

College is a ludicrous waste of money
So says former U.S. Labour Secretary Robert Reich in this blog post. Reich refers to the U.S. situation, where tuitions are more expensive and the economy was harder hit by the recession. But he makes a point that applies well here in Canada – that trades and technician jobs need to be better promoted as a way of generating a good income and lifestyle.

My column this week on how the salaries of recent university grads have flatlined in recent years.

Manitoba's (sort of) free university tuition
How to pay nothing for a four-year degree using various government tax breaks and rebates.

The book on RESPs
The Canadian Personal Finance blog rounds up years worth of posts on registered education savings plans. Parents of young kids should read this.

Required reading for 20-somethings
A list of 17 good books on personal finance and investing for young adults.

More Money
Join the 46,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters.