I was on vacation for most of the past two weeks and managed only one post about debt:
Here are some short takes and some weekend reading:
Canadian Mortgage Trends explains recent changes to how your credit score affects your mortgage interest rate. It certainly makes sense to charge more when the risk of default is higher, but I’m not sure that credit scores are a very good measure or default risk. But maybe they’re the best we’ve got.
Canadian Couch Potato tries to clear up a common point of confusion about bonds: the fact that higher interest rates mean lower bond prices.
Where Does All My Money Go interviews Sandra Foster, an expert on personal finance and estate planning.
Big Cajun Man takes on the common misconception that a Tax-Free Savings Account can only hold cash like a regular savings account.
Boomer and Echo calls for an overhaul of the finance industry.
My Own Advisor considers the possibility of trying harder for financial independence and an earlier retirement.