That is better news that the drop out rate for Canadian teenagers seems to be dropping, at least that is what Stats Canada is saying. The rate dropped from 16% to 8%, which heartens me a bit more, but then again, there are not many jobs you can get now with less than a high school education. The scary stat states that 1 in 4 of the drop outs currently were unemployed during the latest financial apocalypse, hence the importance of an education explained in simple terms.
This week, the theme seemed to have to do with banking in general and cheques in specific:
- Can you have an overvalued house and what do you do about it?
- I made a feeble attempt at multimedia diagrams with the cost of cheques.
- An important point about banking is that everything is negotiable and you should try to get the best deal possible.
- Keeping with the banking theme the question came up of whether cheques are passe as a banking device?
- Random Thoughts: Spooky Finances from those spooky days of Halloween.
Remember!
Others were not as bank-centric in their commentaries in the past week, and thus less repetitive too:
- Rob Carrick mentioned my Sunday Banking post and my reader statistics went off the charts for a couple of days, thanks Rob!.
- Over at BalanceJunkie the right question is What Is a Balanced Portfolio, who decides what balanced really means?
- Free From Broke writes about how You Can Start Saving with 2 Simple Steps, I always trip on the first step, but good ideas none the less.
- Michael James pointed out that Gold has had an Amazing Decade, but he still doesn’t want to invest in it.
- Canadian Capitalist pointed out that some RESP options are really not that good including the Lack of Flexibility being a big problem with scholarship RESP fund. Sorry about the RESP repeat, but it is a very good point.
- Jim Yih did a post at CanadianFinanceBlog on how to Prevent Running Out of Money In Retirement, and not just by buying low ash cat food!
- Larry MacDonald pointed out that the Charter does not Protect Property Rights, so don’t delude yourself into thinking that you might be safe.
- The Financial Samurai ponders Does My Vote Matter? I think it does, even if he has a whole bunch of math that points out that may not be the case. What happens if you wake up and find out your candidate lost by 1 vote?
- Preet returns with a good technical post When a Fundamental Index Will Outperform a Market Capitalization Weighted Index, say that 5 times fast, if you can!
- The Investment Mistakes I made in the Beginning by Moolanamy is another good tell all story to show that we financial bloggers are fallable folks.
- Money.Smarts points out that MLS Now Open to Public, so it is easier to sell your house by yourself, I wouldn’t do it, but some folks might.
- Miranda writes at Financial Highway and asks Will You Have a Frugal Holiday? In a word, NO!
I could go on, but I’ll stop there, I am sure there will be other Best of posts this Friday!
Remember
Money and women are the most sought after and the least known about of any two things we have.
Will Rogers
Less dropout rates are great, but that also means an education inflation for others. You can’t do as much with a bachelor’s nowadays, most employers look for a master’s when it comes to the higher, more competitive positions.
For every yin there’s a yang, I guess.
Hence why High School diplomas are effectively worthless as well.
It’s very heartening to hear about the drop in dropout rates. Education should be the top priority for all parents and efforts should be made to make the the importance of education for our society, economy and the growth of our country.
Thanks for the mention. I doubt that most people will sell their house completely on their own, but it’s good to have the option.
Mike
Rob Carrick does seem to have very strong following. Thanks for the mention.
Anybody who causes my traffic levels to quadruple is OK by me!