Estimated reading time: 6 minutes
Making a US nickel costs more than double what it’s worth. As of last year, every nickel cost 10.4 cents to make, up 40.2% from 7.4 cents in 2020.If you interested in learning true cost of make coins read the US Biennial Mint Report →
Asset allocation is where you choose to put your money. The three primary asset classes are stocks, bonds, and cash. Choose those that best match your goals, risk tolerance, and time schedule.Neontra aggregates and tracks all your assets in one place so you can monitor your allocation easily →
6 money moves to make in your 20s from CNBC: 1) Create a budget and stick to it 2) Build a good credit score 3) Set up an emergency fund 4) Start saving for retirement 5) Pay off debt 6) Develop good money habitsMaking smart money decisions in your 20s has long-term benefits →
"Don't go broke trying to look rich"
In the wake of natural disasters or economic shocks, a person could quickly be left without income, which is why financial security is such an important aspect of resilience. The Lloyd’s Register Foundation partnered with Gallup and polled 125,000 people from 121 countries, asking how long people could cover their basic needs without incomeHow Long Can People Survive Without Income? Assessing Financial Security →
Who Should You Trust With Your Money?Half Banked Podcast: Hosts Cadeem and Bethan break down the difference between financial advisors and planners and the red flags you should watch out for →
1. Audit your finances before you even start to invest 2. Utilize retirement accounts as much as you can 3. Know you don’t have to be an expertIf you’re just getting into investing, consider these 3 tips. →
Khan Academy has a great free financial literacy course. From understanding interest rates to navigating the stock market, this course breaks down complex concepts into easy-to-understand lessons that will empower you to take control of your money.Khan Academy Financial Literacy Course created by Sal Khan →
Which artist is #1 on our Neontrack playlist this week?
Listen to our Neontrack playlist when you have music and money on your mind.