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Debt Buster: How to avoid personal finance mistakes


Financial journalists?
Journalists are always looking for the new hook, said Gail Vaz-Oxlade, whose face is familiar on books, newspapers and TV.
Banks?
Your bank offered you the Kool-Aid and you drank it, Vaz-Oxlade retorted.
The TV personality and financial author, who is coming to Kamloops Feb. 10, (2 p.m., Coast Kamloops Hotel & Convention Centre), has nothing against reporters or bankers, but she believes neither is the consumer s best advocate.
Journalism is too caught up with the new, she said, giving as an example tax-free savings accounts (TFSAs) brought in by the Conservative government.
When they were first announced, the financial press breathlessly pushed them as an alternative to vanilla registered savings plans. ....

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