Carrick on money: Advice from a 34-year-old millionaire The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick. Advice from a 34-year-old millionaire His net worth is $1.3-million, but he drives a seven-year-old car and golfs with 16-year-old clubs. Read his five basic principles of managing money well. Birth control: A cost benefit analysis A review of the costs and effectiveness of various birth control options. 50 rules of investing A list of simple investing wisdom for both new and experienced investors. The problem with teaching financial literacy Teaching financial literacy doesn't really work, a professor of economics and behavioural science says in this article posted on the New York Times website. So how do we make people smarter about money? Click here to see his suggestions. More money Join the 32,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.