Newsletter
Better Finances for a Better You
← 002 Neontra Newsletter Issue #001
Estimated reading time: 5 minutes
Did you know?
According to Canada's Food Price Report for 2023, a family of four will spend $16,288.41 on food this year ($1,357.37 a month) —that's up $1,065.60 from 2022.
Learn about how to start monitoring your food spending with Neontra →Word of the week
GIC (Guaranteed Investment Certificate)
"Guaranteed Investment Certificates (GICs) and term deposits are secured investments. This means that you get back the amount you invest at the end of your term. The key difference between a GIC and a term deposit is the length of the term. Term deposits generally have shorter terms than GICs."
Learn about the key details before buying a GIC →Budgeting
How the magic of a three-pay cheque month can give you a financial head start
There are lots of ways to play that extra payment →Quote of the week
"Wealth consists not in having great possessions, but in having few wants."
- Epictetus
Infographic of the week
How much do you spend on your daily coffee?
Mapped: The Price of Starbucks Coffee, by Country
Do you know how much you spend on daily coffee? See how you compare →Saving
Saving can be hard but it all starts with one simple step.
Start with just $1 in Week One. You will be surprised how much you accumulate over the year by adding just a dollar each week →Investing
Investing in individual stocks, mutual funds and exchange-traded funds can be difficult to learn.
One of the best ways to learn how to invest is to use market simulators or virtual portfolios to learn how to buy and sell stocks before you invest real money.
You can create a SIM portfolio here →Serious stuff
Tax season is upon us and that means it’s a good time to revisit what needs to be done for your 2022 taxes.
It’s always best to go to the right source for important tax information →Fun stuff
"Oh you're just a boy, a little banker boy Everything's a game, and everyone's your toy"
Which artist is #1 on our Neontrack playlist this week?
Listen to our Neontrack playlist when you have music and money on your mind.
← 002 Neontra Newsletter Issue #001