Short Takes: Saving the Bank Ombudsman and more

Rob Carrick is drumming up support for the Ombudsman for Banking Services and Investments (OBSI). The big banks are gearing up to do away with the OBSI which may be reason enough for consumers to oppose such a change. OBSI provides a no-cost place to resolve disputes with the financial industry and even if it isn’t perfect, it may be worth saving.

Money Smarts answers a reader question about how to make sure that RESP money not used by one child will be available for younger children.

Preet Banerjee explains that almost anyone can call themselves a financial planner in Canada.

Big Cajun Man takes an interesting romp through his life to explain why he’s not rich.

Retire Happy Blog explains the “retirement sweet spot” when it comes to income taxes.

Million Dollar Journey marches ever closer to the end of the journey. I look forward to the name change: “Ten Million Dollar Journey”.

Comments

  1. NevinJune 7, 2011 at 10:25 PM

    Hi there,

    I came across your blog via the excellent G&M series about Canada's best personal finance blogs. This is a great read, and I'm looking forward to following along and participating if I can. Great list of blog posts here too.

    ReplyDelete
  2. Michael JamesJune 7, 2011 at 11:26 PM

    @Nevin: Thanks. Your input is welcome!

    ReplyDelete

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