Better Finances for a Better You

← 012 Neontra Newsletter Issue #011 010 →

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

Estimated reading time: 7 minutes

Did you know?

The first Canadian woman to appear on a bank note was Viola Desmond. She appears on Canada's first vertical banknote issued in 2018.

Learn more about Viola and the $10 notes' unique features →

Word of the week

Non-Essential Expenses

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 →


In a 50/30/20 budget you should aim to spend your net income in this way: - 50% on your essential needs - 30% on your non-essential expenses - 20% on savings contributions/debt repayments

Neontra auto-categorizes your expenses so you can quickly see how your 50/30/20 budget is tracking →

Quote of the week

"I love money. I love everything about it. I bought some pretty good stuff. Got me a $300 pair of socks. Got a fur sink. An electric dog polisher. A gasoline powered turtleneck sweater. And, of course, I bought some dumb stuff, too."

- Steve Martin

Infographic of the week

The Most Expensive Starbucks Items in the World

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 Most Expensive Starbucks Items in the World The Price of (non-essential) Big Bucks Starbucks items in USD →

Serious Stuff

Why you got into debt, and how to get out "Between massive mortgages, student loans, lines of credit and credit cards, a lot of us are struggling to pay what we owe and stressed about it."

Serious Stuff Podcast: Why you got into debt, and how to get out →


Millennials: 4 Tips to Start Investing Today

1. Build your credit 2. Open a TFSA 3. Invest what you can 4. Set some goals

Here are some tips to get started from Motley Fool →

Fun stuff

"I brought the money like the lawyer said to do But it won't replace the heartache I caused you; It won't take the place of lovin' you, I know So one cup of coffee, then I'll go"

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.

← 012 Neontra Newsletter Issue #011 010 →