Newsletter
Better Finances for a Better You
← 014 Neontra Newsletter Issue #013 012 →
Estimated reading time: 6 minutes
Did you know?
Canada’s Food Price Report 2023 predicts Canadian families will spend up to $1065 more on food than in 2022.
See predictions on annual food expenditures for individual consumers based on their age and gender. →Word of the week
Asset
An asset is anything you own that increases your financial value, whereas a liability is money you owe that would decrease your financial value. Assets include a laptop, bike, car, house, and bank accounts.
Learn more about specific asset types and examples →Budgeting
You made it to university and you get to decide which courses to take, which clubs to join and what to eat for dinner. Also: how much money to spend
9 budgeting tips for university students →Quote of the week
"Do not save what is left after spending, but spend what is left after saving."
- Warren Buffett
Infographic of the week
The most profitable U.S. companies, by sector
See the S&P 500 companies with the highest profits in their sector. Data is based on the fiscal year ending on or before January 31, 2023 across companies in the Fortune 500.
America’s most profitable companies, by sector →Saving
How much money do you need to retire?
Start planning for your retirement with our free calculator →Investing
The Basics of Investing
Read about some of the most common types of investments including the Canada Savings Bond (CSB), Guaranteed Investment Certificate (GIC) and Treasury bill (T-bill).
Jargon-free investment terms →Serious Stuff
The Canada Revenue Agency (CRA) issued "grocery rebate" payments to eligible Canadians on July 5th.
You could receive a maximum payment of up to:
If you are single
- $234 (no children)
- $387 (with 1 child)
- $467 (with 2 children)
- $548 (with 3 children)
- $628 (with 4 children)
If you are married or have a common-law partner
- $306 (no children)
- $387 (with 1 child)
- $467 (with 2 children)
- $548 (with 3 children)
- $628 (with 4 children)
Fun stuff
"And I was sittin' on a pile like Warren Buffett I know everybody says money can't buy happiness But it could buy me a boat It could buy me a truck to pull it"
Which artist is #1 on our Neontrack playlist this week?
Listen to our Neontrack playlist when you have music and money on your mind.