Newsletter

Better Finances for a Better You

← 077 Neontra Newsletter Issue #076 075 →

← Curating the web to find the most interesting and helpful information about your money.

Estimated reading time: 6 minutes

Did you know?

A CNET Money survey found the average American is spending more than $1,000 a year on subscriptions and it's getting more expensive.

Feel the creep? Keep track of all your subscriptions for free on Neontra to save money and time. →

Word of the week

Financial Resilience

Financial resilience is the ability to withstand life events that impact one's income and/or assets.

Steps Toward Financial Resilience →

Quote of the week

"Financial wellness is a state of being in which you can comfortably satisfy your current financial obligations while feeling secure in your financial future and making choices that allow you to enjoy life"

- U.S. Consumer Financial Protection Bureau

Infographic of the week

The Challenge That Financial Vulnerability Brings to Canadians

Financial vulnerability and financial stress are mainstream issues affecting Canadians of all income levels and in particular more vulnerable populations.

The Challenge That Financial Vulnerability Brings to Canadians Free Financial Resilience Score Tool →

Saving

Our consumer culture pressures many of us to live above our means. The good news is that making a personal and household commitment to a more frugal lifestyle can be a fulfilling, healthy choice and can save you a lot of money.

Saving 65 Tips to Save Money Through Self-Reliance By Kale Roberts →

Investing

Compound Interest

Compound interest is when the interest you earn on a balance in a savings or investing account is reinvested, earning you more interest. As a wise man once said, “Money makes money. And the money that money makes, makes money.”

The Life-Changing Magic Of Compound Interest By Kate Ashford →

Serious stuff

Ontario students will soon be required to pass a financial literacy test as part of a number of changes coming to the requirements needed to earn a high school diploma. Education Minister Stephen Lecce says students will learn home economics such as managing a household budget and how to protect themselves against financial fraud. He says students will need at least 70 per cent on the financial literacy test in order to graduate and it will first be offered in Grade 10 math.

Ontario requiring high school financial literacy test by The Canadian Press →

Fun stuff

"It’s a story and true one that oft times has been told Save your money when your young You’ll need it when your old"

Which artist is #1 on our Neontrack playlist this week?

Music About Money →

Listen to our Neontrack playlist when you have music and money on your mind.

← 077 Neontra Newsletter Issue #076 075 →