Creating a Financial Plan with Neontra

Neontra - Financial Planning Made Easy
Achieving your financial goals requires a solid strategy. This is especially true when it comes to finances. By outlining the actions necessary to improve our financial situation, we can move from where we are to where we want to be.

How Neontra Can Help You on the Road to Financial Wellness

• Understand your current financial status, including assets, investments, savings, debt, and income.
• Track your long-term financial objectives in real-time, along with the dates you plan to achieve them.
• Receive a comprehensive plan that provides visibility on how to reach your goals on time.
• Monitor how your spending, saving, investing, and debt management affect your goals.

Here's How Neontra Can Help You Create a Financial Plan:

My Money
The first step in developing a financial plan is organizing your data, and Neontra can do this automatically. If you're unsure where your money is coming from or going, it's challenging to build financial wellness and a solid plan.

Begin by reviewing all your bills, expenses, credit card transactions, and spending. While this may seem daunting, you can accomplish it in minutes using a free money management app like Neontra. Neontra provides a consolidated view of your bills, subscriptions, credit card statements, and spending patterns.

There's no need for spreadsheets, pens, paper, or calculators. Neontra automatically categorizes, labels, and organizes your transactions while handling the calculations for you.

Make Your Goals Your First Priority
What are your financial goals? Are you aiming to pay down debt, purchase a home, plan for retirement, build a college fund, or save for a vacation or home renovation? Neontra makes it easy to plan for all of these goals.

Rank your goals by importance and urgency, and consider setting up both short-term and long-term objectives. Neontra will track them in real-time so you can see how long it will take to achieve these goals. Some may take months, years, or even decades, but you can easily assess how your spending and saving habits impact these timelines, allowing you to make adjustments to reach your goals.

Achieve Your Goals
Now is the time to develop a plan to achieve your goals and implement it. Your saving and spending patterns may need to change; this could be challenging, but with Neontra, you can easily identify when you deviate from your plan and how to get back on track to ultimately reach your goals.

Living Plan
By tracking your spending and contributions toward your goals, Neontra can help you achieve them. In some cases, the app may highlight the need to adjust your contributions to your goals.

Financial Wellness & Budgeting
The first step to saving more money is to spend less. This might involve cutting back on subscriptions, reducing non-essential expenses, refinancing your mortgage for a better rate, or consolidating debt.

Neontra
Neontra can show you where your money has gone, where it is currently going, and help forecast its future. You can see how your financial situation might look in 1 to 30 years.

Better Finances for a Better You

Health Check Emergency Fund
Neontra can help you build an emergency fund. Our health check scorecards indicate whether you are building an Emergency Fund sufficient to cover unexpected expenses based on your spending habits.

Credit Cards & Debt
Neontra can help you determine how long it will take you to pay off your debt and how much you can save by paying it off early.

Given that debt can be expensive and interest payments can drain your finances, paying it off is frequently a top priority. Debt consolidation loans and 0% balance transfer cards are two solutions that can ease the weight of excessive debt.

Net Worth Tracker
Tracking your cash flow, spending, assets, and liabilities is crucial for building your net worth. Neontra's asset-agnostic technology makes it simple to track all your assets and debts in real-time, including:

• Stocks 
• Bonds
• GICs
• ETFs
• Commodities
• Currencies
• Derivatives
• Crypto
• Fixed Assets
• Real Estate
• Cars

With Neontra, you can efficiently track your goals and create a plan, allowing you to spend less time worrying about your finances.