• Age: 12 to 18
• Grade: 7 to 12

In this era of the Boomerang Generation, here at last is a full and frank guide to avoiding the need to move back in with your parents.

Rob Carrick of The Globe and Mail is one of Canada's most trusted and widely read financial experts. His latest book is the first by anyone to target financial advice specifically at young adults graduating from university or college and moving into the workforce, into the housing market and into family life. Financial beginners, in other words.

Carrick offers what can only be described as a wealth of information, on the full life cycle of financial challenges and opportunities young people face, including saving for a post-secondary education and paying off student debts, establishing a credit rating, basic banking and budgeting, car and home buying, marriage and raising children of their own, and insurance.

The book is mindful throughout that parents have a big role to play in all this. It addresses young readers throughout but regularly asks them to see things from their parents' perspective. In that way, Rob Carrick is able to offer advice to both generations. He even recognizes that in these difficult times, moving back in with the folks is sometimes a short-term necessity. So there is a section devoted to such important questions as: Should your parents be charging you rent? For that and many thousands of dollars' worth of other reasons, this is a book that every parent needs to buy for each of their kids, plus one for themselves.

Rob Carrick's profile page

ROB CARRICK is one of Canada's most trusted and widely read financial experts, with over two decades of experience as a business and economics reporter and commentator. He worked on both Bay Street and Parliament Hill before becoming the personal finance columnist for The Globe and Mail in 1996 and is the author of four previous books, including How to Pay Less and Keep More for Yourself and Rob Carrick's Guide to What's Good, Bad and Downright Awful in Canadian Investments Today. Carrick lives in Ottawa with his wife and family.

“Whether you’re graduating this spring, putting the finishing touches on your first post-secondary year, or if you’ve ever broken into a cold sweat reading your credit card statement, Carrick’s book will put things into perspective. You may have to move back in with your parents at some point—but hey, it’s okay.”
—The Concordian