Many thanks to the reader Mark for sharing the link to an article, which recommends that you should keep a list of basic financial information (like bank account numbers) and tell your spouse where it is.
This column in The Star surveys some of the more surprising ways by which credit card companies are picking our pockets.
Another column in The Starhighlights some of the ways in which banks take advantage of unsuspecting customers. The common thread in all the stories is that it is entirely up to us to become smart about our finances.
Investing Intelligently made an excellent post on the effects of foreign exchange costs on USD investments within a RRSP. Is E*Trade even going to offer the ability to wash trades? I guess I will just have to move my accounts to TD Waterhouse.
Million Dollar Journey reports that RBC has a new high interest savings account with an interest rate of 4%. However, before you jump at the RBC offer, read the fine print: the offer is only until July 31st after which the rate will be an under whelming 3.25%. E*Trade’s Cash Optimizer still offers the best rate at 4.15%.