Newsletter
Better Finances for a Better You
← 027 Neontra Newsletter Issue #026 025 →
Estimated reading time: 7 minutes
Did you know?
U.S. Cash in paper form is not "paper". American paper money is made of 75% cotton and 25% linen, which does not technically qualify as paper.
Learn how to start monitoring all your cash with Neontra →Word of the week
The 30% Rule
How much should you pay in rent? As a general rule, housing should be no more than 30% of your total monthly income, including utilities. The 30% rule is based on how much you can reasonably spend and have money left over for everyday expenses like food, clothes and transportation.
Neontra auto-categorizes your expenses so you can quickly see how your budget is tracking →Budgeting
It's important to write down your financial goals. The act of noting goals helps put them in perspective. Think about dates to reach your goals in terms of three buckets: - Short-term (2 years or less) - Medium-term (3 to 5 years) - Long-term (6 years or more)
Set goals and track your progress over time →Quote of the week
"Financial fitness is not a pipe dream or a state of mind. It’s a reality if you are willing to pursue it and embrace it."
- Will Robinson, Author
Infographic of the week
Who appears on the most currency?
Queen Elizabeth II leads monarchs to the front of 1/3 of the world’s currency, followed by Vajiralongkorn, King of Thailand.
Monarchs and world leaders appear more frequently than other people →Saving
How TikTok changed the vibe of personal finance advice
Podcast: Stress Test by columnist Rob Carrick on how Gen Z and millennials are getting a lot of their money advice from TikTok, where personal finance videos have more than 5.8 billion views. →Neontra on TikTok
We believe financial planning should be simple, engaging and understandable for everyone. View Neontra on TikTok where we help simplify the complex world of personal finance.
Join 339k viewers of this Neontra TikTok →Investing
Investing Made Simple for Beginners and Everyone Else
Managing your money for the long run can be easier than you might imagine.
The New York Times on Investing for Beginners (Paywall) →Serious Stuff
50/30/20
The 50/30/20 rule is a suggested budgeting guideline that advises allocating:
- 50% of your income to necessities (like rent, groceries, and utilities)
- 30% to discretionary spending (like hobbies, entertainment, and travel)
- 20% to savings
Fun stuff
"I thought I heard the captain say Pay me my money down Tomorrow is our sailing day Pay me my money down"
Which artist is #1 on our Neontrack playlist this week?
Listen to our Neontrack playlist when you have music and money on your mind.