Rob Carrick

In this discussion, Rob Carrick, a renowned personal finance expert from The Globe and Mail, shares insights from over three decades of experience. He highlights the growing financial support from parents to adult children and the impact of social media on spending habits. The conversation touches on the challenges of rising costs for families and seniors, the need for mindful retirement planning, and the benefits of First Home Savings Accounts. Carrick's perspective adds depth to the evolving landscape of Canadian personal finance.

Canadian Personal Finance expert, Rob Carrick, discusses the issues at the forefront of Canadian readers' lives, the increasing investment in conservative interest-paying investments, challenges and alternatives in home ownership, adjustments in retirement, healthcare costs, dental expenses, and parental financial support. The chapter also explores the effectiveness of podcasts in delivering financial information to young people.

Rob Carrick, a personal finance columnist for the Globe and Mail and co-host of the Stress Test podcast, dives into the current economic turmoil caused by trade wars and tariffs. He discusses how Canadians can protect their finances amid market volatility and recession fears. Rob emphasizes the importance of diversifying investments and maintaining cash reserves for short-term goals, especially for those nearing retirement. He also highlights the benefits of high-interest savings accounts and suggests seizing opportunities in the current market despite economic uncertainties.

Rob Carrick, a personal finance columnist for The Globe and Mail, shares his insights on navigating the uncertain waters of 2025's economy. He discusses the potential effects of U.S. tariffs on Canada, impacting everything from employment to housing. Carrick emphasizes the importance of building savings and investing wisely amidst market volatility. He also dives into the job market dynamics, suggesting practical strategies for budgeting and preparing for significant life changes as mortgage rates and rental markets undergo shifts.

Rob Carrick, The Globe's personal finance columnist, answers pressing personal finance questions, including navigating the housing affordability issue, benefits of FHSA for homebuyers, struggles faced by renters, job market impact on personal finances, and the importance of saving money and building an emergency fund.