A debit card is a type of payment card that takes money straight out of your bank account. Debit cards, sometimes known as "check cards" or "bank cards," can be used to obtain cash from an ATM or to purchase products or services. Although there may occasionally be costs associated with using debit cards, they can assist you avoid carrying cash.
Here are 4 times you should reach for your debit card over a credit card by Erica Lamberg →Grocery prices in Canada have been rising steadily from 2017 to 2024, with variations across provinces. Discover how much the average Canadian spends on essential food items like meat, vegetables, and dairy, and explore the impact of inflation on grocery budgets nationwide.
When you use an ATM that is not part of your bank's network, you will be charged an out-of-network ATM fee.
Survey: ATM fees reach 26-year high while overdraft fees inch back up →How to Avoid Debit Card Fees: Monthly Maintenance, Overdraft, ATM, and More
Follow these tips and check your account agreement to be sure by Kat Tretina →The average American spends $513 every month online according to a recent report by BadCredit.
The Average American Spends Over $500 Online Each Month. How Do You Compare? By Emma Newbery →Fall Budgeting If summer is a season of spontaneity and indulgence, then fall offers a counterpoint: It's a chance to get back on schedule, and back on budget.
Fall "money cleanse" could help you get your finances in shape by Kimberly Palmer →The money-saving tips and tricks I’ve learned while living single learned while living single By Sadaf Ahsan
Image by Freepik - Here’s how a young adult can beat the high cost of living on their own →To Tip Or Not To Tip? A Debate on Tipping Culture in Canada By Half Banked
Tune in for a dive into tipping culture — and find out how both sides, server and restaurant owner, see it →Vampire Energy? How Much Is It Costing You?
Take action against vampire energy to save money →Recent studies are showing us that back-to-school shopping is more expensive than ever, and that parents are prepared to go without certain necessities and take on debt to get their children back-to-school ready. Parents are spending on things like electronics, clothing, shoes, school supplies etc.
Back-to-School Budgeting by Jasmin Brow →Tips to categorize your expenses, tailor a financial plan for your life stage and stay healthy in these trying times.
How to Budget in Canada Amid Economic Uncertainty by Ashley Redmond →Only specific merchants allow the usage of this kind of card. A closed-loop card can only be valid at a certain store or collection of retailers. A good example is a closed-loop prepaid card card used on your local public transit system.
You can track all your closed-loop prepaid and gift cards at Neontra →ATM fees averaged $4.73 per transaction in 2023
ATM fees: Easy ways to avoid them with a little planning →10 Expenses Most Likely To Drain Your Checking Account Each Month by Ashley Donohoe
The average vacation for one person in the U.S. costs about $1,919 per week. A vacation for two people will typically cost around $3,838 per week.
Use our free vacation goal calculator to start planning for your next holiday →Tipping requests are on the rise. Businesses that never seemed to ask for a tip, like fast food joints, are now asking for one. Here's how to deal with unexpected requests and more.
What is the new etiquette for tipping? from Life Kit →Housing is the largest average cost at $2,025 per month, making up 33% of typical spending, according to the most recent Consumer Expenditure Survey from the U.S. Bureau of Labor Statistics (BLS).
Neontra auto-categorizes your all transactions by essential, non-essential, debt payments and saving contributions so you can see what percentage of your expenses are going to housing →While inflation looks to be easing, there remains the risk of a second wave of price pressures driven by geopolitical conflicts and supply disruptions in the Red Sea. Adding to this, a stronger than expected labor market could drive consumer demand, pushing up higher prices. This graphic shows 2024 inflation projections around the world, based on forecasts from the International Monetary Fund (IMF).
Inflation Projections, by Country in 2024 from the Visual Capitalist →Americans spend $779 on food per month, with almost two-thirds being spent on groceries ($475) and the rest on eating out ($303), according to the Bureau of Labor Statistics' Consumer Expenditure Survey.
American Households' Average Monthly Expenses →If you’re looking to create a personal budget, start with these six steps
7 tips to save money on family expenses from Discover
Save money on streaming services. NPR TV critic and media analyst Eric Deggans shares a streaming strategy to help you get the most bang for your buck.
NPR Life Kit Podcast: Refresh your budget with these simple finance tips →Tips to stay within your budget
Review your spending plan from time to time. If you find that your actual expenditure frequently deviates from your budget, update your estimates to be more realistic.
An "automated teller machine," or (ATM) is a machine that lets bank customers perform basic transactions, such as deposits and withdrawals. They are usually located in a wall outside of a bank or shop. Be careful of ATM fees.
Do you know how much you are paying in ATM fees? →Four Tips For Budgeting In The Modern World from Liz Frazier @Forbes
Your personal cash flow is your income minus your expenses over a certain period of time — typically a month. To analyze your personal cash flow take your monthly income after taxes and subtract all your monthly outflows - items like rent, mortgage, credit card payments and other expenses. That number tells you if you’re living within your means.
Balancing lifestyle costs with regular saving and investing is the toughest part of personal finance →At one time, Queen Elizabeth II appeared on at least 33 different currencies, more than any other monarch, an achievement noted by Guinness World Records.
Neontra creates a 360° view of all your $CAD, $USD, £GBP, €EUR and ¥YEN financial activities →Finding the balance between your needs, wants and savings can be difficult. Forbes highlights seven simple steps for creating and managing a successful monthly budget.
How To Budget In 7 Simple Steps →The new year is a great time to update your budget, say financial experts. Here's what you can do to curb your spending, save for emergencies and keep your investments on track.
NPR Life Kit Podcast: Refresh your budget with these simple finance tips →5 Tips To Fix Your Finances And Build A Budget That Works In 2024
Bernadette Joy of Forbes on five tips to help you build a budget you can actually live with in 2024 →A 2023 survey from Bankrate found 47% of U.S. adults have unused gift cards, vouchers, or store credits. The average American is sitting on $175, that's up from $116 last year.
You can track all your holiday gift cards with Neontra in our My Money section →This ratio indicates how much a person should save for their future objectives. Savings / Gross Income is the savings ratio. Gross income is the total of all earnings, including bonuses, dividends, interest, royalties, rent, and money received from a business or profession.
Neontra automatically calculates your personal savings, expenses and debt ratios →A third of American adults go into debt to pay for holiday shopping
NPR's Asma Khalid speaks with LendingTree Chief Credit analyst Matt Schulz about why that happens →6 expert tips to help you create a holiday budget you can live with
Select spoke with money experts for their best advice on how to stay on track →Most consumer spending falls into the larger categories of food, housing, transportation, healthcare, and other goods and services.
View the interactive version of this chart highlighting how different generations spend money →According to the National Retail Federation (NRF), the average American planned to spend $826 in 2022 on Christmas gifts, food, and decorations. Of that $826 dollars, around $500 are spent on gifts for family members.
Budget for all your holiday spending and ensure don't spend too much →The biggest money mistakes that could change your future — and how to get ahead of them right now
Sophie Kiderlin of CNBC make it: Avoiding the most common financial mistakes →Trying to get your spending under control? Just like with dieting, it can help to add some structure by following a plan. There are just about as many approaches to handling your daily finances as there are to counting calories.
The WSJ Tested 5 of the Best Budgeting Methods. Here’s what they found →Sales Are Shams but Deals Are Real: Here’s How to Know the Difference
Wirecutter on spotting an overhyped “sale” that doesn’t provide a meaningful discount or an actual deal →The zero-based budget Sometimes called a zero-sum budget, is when your total income, minus your expenses, equals zero.
Zero-based budgeting: What it is and how it can help you hit your money goals →Making a penny these days costs more than one penny. That's right, the U.S. Mint estimates that the cost of each coin is about 1.7 cents.
Follow every penny, quarter and dollar you spend with our cashflow analysis →Richard Jenkins, financial journalist and author of A Simpler Way to Save: the 60% Solution advocates: 60% of your income goes to fixed expenses: - Housing - Utilities - Groceries - Transportation 10% to retirement savings 10% to long-term savings 10% to short-term savings 10% “fun money” for activities, trips, or other infrequent splurges
How to Make A Budget: The 60% Solution Explained →8 Money-Saving Tips, According to Wirecutter’s Expert Deal Hunters:
How to succeed at budgeting - A guide to 4 budget planning methods:
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 →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 →The first ATM (automatic teller machine) was built and installed in London in 1967 by British bank Barclays and it didn't charge a fee...
Track all your ATM fees along with other bank changes in one place →The Bank of England issued a £1,000,000 note in 1948 as a temporary measure during the Marshall Plan's postwar rebuilding. This remains the largest banknote ever issued by the Bank of England.
Track your all your $CAD, $USD, £GBP, €EUR and ¥YEN in one place with Neontra →Do you know all these bank fees?
The word cash was originally used to describe the type of round bronze coins with square holes commonly used in the Tang Dynasty, called kai-yuans.
Track your kai-yuans and analyze your cash flow →Building a budget helps you manage how you spend your money. When you control your spending, it’s much easier to achieve your financial goals, whether that is to save, pay off debts or simply live within your means.
Building a Budget: Helpful Tips for Students →On a piece of paper, make a list of your expenditure categories. Include typical necessities like food, clothing, personal care products, pet care, and family outings.
These are expenses that are necessary. Another way to identify these expenses is to determine if they are 'needs' rather than 'wants'. Essential expenses might include: - Rent/Mortgage - Groceries - Utilities - Medical Expenses Unlike, restaurants, and entertainment, that are 'wants' or non-essential expenses and do not need to be made.
Follow every dollar - Track and analyze your non-essential expenses →What Is Kakeibo? Kakeibo, pronounced “kah-keh-boh,” translates as “household financial ledger.” Invented in 1904 by a woman named Hani Motoko (notable for being Japan’s first female journalist), kakeibo is a simple, no-frills approach to managing your finances.
‘Kakeibo’: The Japanese method of saving money →Non-essential costs are probably getting in the way of your financial goals. - Take-out food - Restaurants - Alcohol - Uber/Lyft instead of public transportation - Subscriptions Do you know how much you spent in the last three months?
Neontra auto-categorizes your expenses so you can quickly see where your money is going →These are expenses that are not necessary. Another way to identify these expenses is to determine if they are 'wants' rather than 'needs'. Non-essential expenses might consist of: - Coffee - Entertainment - Subscription services (Netflix, Disney+, etc.) - Meal delivery services (Uber Eats, DoorDash, etc.) These are unlike rent, mortgage, and food which are 'needs' or expenses that must be met.
Follow every dollar - Track and analyze your non-essential expenses →Your daily coffee habit is probably costing you a lot more than you think. What if you skipped buying two coffees a week and invested that money?
The Price of (non-essential) Big Bucks Starbucks items in USD →One in four Canadians are unable to cover an unexpected expense of $500, according to StatsCan.
Budget planning can help you live a better financial life and save for unexpected expenses →"A $5,700 wedding dress for $64. Expensive baby items for a fraction of the price. Construction materials to renovate a home."
Podcast: Save money and the planet: How thrifting can help combat inflation →How much should you tip when traveling abroad? The answer can vary wildly depending on the country and what type of service you are using.
Servers and bartenders depend on tips to supplement wages →An epic standard in overpromising and underdelivering was reached when the big banks named their savings accounts.
Check your big bank savings account - you could be making ‘0.000 percent’ interest →The average price for electricity in Canada is around 17.4¢/kWh. If your apartment or house is averagely consuming around 1000kWh, your electric bill will be roughly $174. The average cost of utilities in Canada is $304.75 per month.
Learn how your spending compares to national averages with our NEOs →See your spending from a different perspective...
Saving starts with spending less on non-essential expenses. Learn how we can help →Asking rents in Canada increased 9.7% annually to an average of $1,984 in February. The annual rate of rent inflation has been moderating since reaching a high of 12.4% in November 2022.
Learn how much rent inflation has grown in your neighbourhood →We believe financial planning should be simple, engaging and understandable for everyone.
Why is budgeting an essential personal finance tool →Mapped: The Price of Starbucks Coffee, by Country
Do you know how much you spend on daily coffee? See how you compare →← Curating the web to find the most interesting and helpful information about your money.