Newsletter
Better Finances for a Better You
← 089 Neontra Newsletter Issue #088 087 →
Estimated reading time: 6 minutes
Did you know?
Gen Z prefers giving physical items over gift cards. Apparel (56%), cosmetics and beauty products (56%), jewelry and accessories (55%), toys (51%) and alcohol (50%) top the shopping lists of Gen Z gift-givers
Canadian consumer preferences and behaviour trends shaping the holiday shopping season →Word of the week
Adjustable-Rate Mortgage (ARM)
An adjustable rate mortgage is known as an ARM. An ARM's interest rate fluctuates over time, in contrast to fixed rate mortgages, which have a constant interest rate for the duration of the loan.
Adjustable-Rate Mortgage (ARM): What It Is and Different Types →Budgeting
8 Tips To Help You Control Holiday Spending by Reyna Gobel
Use these eight practical tips to ensure you stay on budget for the new year, rather than getting wrapped up in holiday spending →Quote of the week
"Empty pockets never held anyone back. Only empty heads and empty hearts can do that."
- Norman Vincent Peale
Infographic of the week
How holiday spending plans vary across Canada
Canadian consumers plan to spend an average of $1,853 on gifts, travel and entertainment this holiday season, a 13% increase over last year. At the same time, their economic outlook is brightening as inflation and interest rates decline: 65% believe the economy will stabilize or improve over the coming months, up from 48% a year ago.
Consumer spending in Canada: A season of gifts, gatherings and getaways →Saving
Tis the season for joyous mingling but also spending. With a little bit of planning, there are ways to help you save money over the holidays, so that maybe you can continue to be merry after the holidays when the bills start to trickle in
Ways to help you save money over the holidays →Investing
How to Give Stocks As a Holiday Gift by Daniel Liberto
Buying gifts that adults actually want without breaking the bank is no easy task. But giving a share of company stock could perhaps help them one day generate enough money to purchase that one thing they don't have and have always wanted.
Give a gift that can grow over time →Serious stuff
Tips For Financial Wellness This Holiday Season
The holidays are an exciting time, characterized by family fun, delicious food, and overspending... →Fun stuff
"Neontracks..."
Listen to our Neontrack playlist when you have music and money on your mind.