Better Finances for a Better You

← 029 Neontra Newsletter Issue #028 027 →

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

Estimated reading time: 6 minutes

Did you know?

According to the latest figures from Experian, the average American has 3.84 credit cards with an average credit limit of $30,365.

Don’t let credit cards rule your life. Use our free credit card pay down calculator to help you plan for a brighter future →

Word of the week


A fundamental investing strategy that distributes investment funds among multiple asset classes is diversification.

What Is Diversification? Definition as Investing Strategy →


What is the 50/15/5 rule for saving?

The key takeaways to this simple plan are as follows: 

  1. Consider allocating no more than 50% of take-home pay to essential expenses.

  2. Try to save 15% of pretax income (including employer contributions) for retirement.

  3. Save for the unexpected by keeping 5% of take-home pay in short-term savings for unplanned expenses.

  4. You'll have 30% of your take-home pay left over for discretionary spending. That might include shopping, dining out or entertainment.

Marianne Hayes of Experian explains the 50/15/5 rule for saving →

Quote of the week

"The person who doesn't know where their next dollar is coming from usually doesn't know where their last dollar went. "

- Unknown

Infographic of the week

Visualizing the Top Countries by Wealth per Person

When looking at wealth per person on a country-by-country basis, is it more important to look at median wealth or average wealth?

Visualizing the Top Countries by Wealth per Person See how you compare to the rest of the world →


How to Invest in Bonds

Bonds are a way for an organization to raise money. Let's say your town asks you for a certain investment of money. In exchange, your town promises to pay you back that investment, plus interest, over a specified period of time.

A Beginner's Guide to Buying Bonds →

Serious stuff

Author Tammy Lally encourages us to break free of "money shame" and shows us how to stop equating our bank accounts with our self-worth. - Let's get honest about our money problems →

Fun stuff

"It's not about the money, money, money We don't need your money, money, money We just wanna make the world dance Forget about the price tag"

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.

← 029 Neontra Newsletter Issue #028 027 →