← 083 Neontra Newsletter Issue #082 081 →
Estimated reading time: 6 minutes
The Government of Canada and certain financial institutions have an agreement to provide low-cost basic banking services. Low-cost accounts cost a maximum of $4 per month in banking fees.
Low-cost and no-cost accounts bank accounts →A credit union is a nonprofit financial institution owned by the people who use its financial products (members). Credit union members can access the same products and services offered by a traditional bank, such as credit cards, checking and savings accounts, and loans.
Almost 11 million Canadians trust their local credit union for their day-to-day banking find one here →15 Practical Budgeting Tips by Rachel Cruze
Whether you’re just getting started in the budgeting world or you want to up your game, these 15 budgeting tips will help →"I’m only rich because I know when I’m wrong…I basically have survived by recognizing my mistakes."
- George Soros
Between 2010 and 2022, real Canadian housing prices jumped 90%, making Canada one of the most expensive and unaffordable housing markets in the world.
The Visualcapitalist maps the average price of housing across Canada’s provinces and territories in 2023 (excluding Nunavut), based on data from the Canada Real Estate Association (CREA) →11 pesky bank fees and how to avoid them by Matthew Goldberg
Knowing the most common penalties and fees on banking products, and how you can avoid them, can help you save cash →You work hard for your money. And you should be able to keep as much of it in your pocket as possible. But if you're thinking of investing your hard-earned cash to increase your net worth, there are some things you should keep in mind. Investing comes at a cost.
Read on to find out more about how to keep these costs from depleting your profits →The Credit Union Difference: Why Canadians are Choosing Credit Unions to Reach their Financial Goals
Here are just a few of the reasons that close to 11 million Canadians love banking with a credit union →Listen to our Neontrack playlist when you have music and money on your mind.