Newsletter
Better Finances for a Better You
← 077 Neontra Newsletter Issue #076 075 →
Estimated reading time: 6 minutes
Did you know?
A CNET Money survey found the average American is spending more than $1,000 a year on subscriptions and it's getting more expensive.
Feel the creep? Keep track of all your subscriptions for free on Neontra to save money and time. →Word of the week
Financial Resilience
Financial resilience is the ability to withstand life events that impact one's income and/or assets.
Steps Toward Financial Resilience →Budgeting
5 budgeting tips for college students that can help set you up for financial success by Alexandria White
Creating a budget while in college is a great way to track spending and take control of your finances →Quote of the week
"Financial wellness is a state of being in which you can comfortably satisfy your current financial obligations while feeling secure in your financial future and making choices that allow you to enjoy life"
- U.S. Consumer Financial Protection Bureau
Infographic of the week
Ranked: The Worst U.S. States for Retirement
This chart ranks the 10 worst U.S. states to retire in, according to Bankrate.com, as of 2024. What this ranking is not showing are states that people prefer to retire in for more qualitative reasons. Factors like weather are considered, but financial aspects of a state are weighted higher in this ranking.
This chart ranks the 10 worst U.S. states to retire in 2024 →Saving
Our consumer culture pressures many of us to live above our means. The good news is that making a personal and household commitment to a more frugal lifestyle can be a fulfilling, healthy choice and can save you a lot of money.
65 Tips to Save Money Through Self-Reliance By Kale Roberts →Investing
Compound Interest
Compound interest is when the interest you earn on a balance in a savings or investing account is reinvested, earning you more interest. As a wise man once said, “Money makes money. And the money that money makes, makes money.”
The Life-Changing Magic Of Compound Interest By Kate Ashford →Serious stuff
Canadian high school students in the province of Ontario will soon be required to pass a financial literacy test as part of a number of changes coming to the requirements needed to earn a high school diploma. Education Minister Stephen Lecce says students will learn home economics such as managing a household budget and how to protect themselves against financial fraud. He says students will need at least 70 per cent on the financial literacy test in order to graduate and it will first be offered in Grade 10 math.
Canadian province requiring high school financial literacy test The Canadian Press →Fun stuff
"It’s a story and true one that oft times has been told Save your money when your young You’ll need it when your old"
Which artist is #1 on our Neontrack playlist this week?
Listen to our Neontrack playlist when you have music and money on your mind.