Better Finances for a Better You

← 018 Neontra Newsletter Issue #017 016 →

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

Estimated reading time: 6 minutes

Did you know?

The word ‘budget’ derives from the French word bougette, which means leather bag. The bag contained the papers setting out France's revenue, expenditure and tax.

Start your personal bougette today →

Word of the week


Governments and businesses both issue bonds as a form of investment. In exchange for a predetermined rate of return, you lend money to these organizations when you purchase a bond. Although historically yielding less than stocks, bonds are thought to be a safer kind of investment.

How to Buy Bonds in Canada →


What is envelope budgeting?

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.

  • Set aside a specific sum of money for each area
  • Each category's name should be written on its own envelope
  • Use only the money in each envelope for the corresponding category
  • Bring your groceries envelope to the grocery store and your entertainment envelope to the movie theatre
  • Once the category envelope is empty stop spending
Learn more details on how envelope budgeting method may work for you →

Quote of the week

"Compound interest is the eighth wonder of the world. He who understands it, earns it, he who doesn’t, pays it."

- Albert Einstein

Infographic of the week

The average monetary value of each type of person

Monarchs and world leaders appear more frequently than other people on the world’s currency. But, since many of them appear on multiple denominations, the average value of their notes and coins is lower than that of historians, mathematicians, and singers.

The average monetary value of each type of person How do spies, historians, monarchs and athletes compare? →


How soaring rents are transforming student life. Student debt is a growing problem in Canada - one that’s set to get worse in the coming years.

Saving Podcast: Stress Test by columnist Rob Carrick on how soaring rents are transforming student life →


Motley Fool outlines Warren Buffett's investing philosophy in 9 steps

1. Look for a margin of safety 2. Focus on quality 3. Don't follow the crowd 4. Don't fear market crashes and corrections 5. Approach your investments with a long-term mindset 6. Don't be afraid to sell if the scenario changes 7. Learn the basics of value investing 8. Understand compounding 9. Research and reflect

How to Invest Like Warren Buffett →

Serious stuff

In 2021, 24% of people aged 15 to 49 had changed their plans with regard to having children as a result of the COVID-19 pandemic. Most often, they planned on having fewer children or having a child later.

Family Matters: A new addition to the family? It depends →

Fun stuff

"I've got lots of lovely lira Now the Deutsche Mark's getting dearer And my dollar bills could buy the Brooklyn Bridge There is..."

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.

← 018 Neontra Newsletter Issue #017 016 →