Newsletter

Towards a Healthier Financial Future

Section: Did you know?

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

According to Sallie Mae’s How America Saves For College, families reported spending an average of $28,026 on college in the academic year 2022-23, an 11% increase from $25,313 in 2021-22.

How America Pays for College 2023 →

According to economists, coins and banknotes make up only 8% of the world's cash. The great bulk of money in circulation today is digital.

Follow every bank note & penny - Track and analyze your cash flow →

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 →

According to Google Trends on November 8th 2023, searches for "cost of groceries" were at an all time high.

Learn about how to start monitoring your food spending with Neontra →

Grooves were inserted on US coins to prevent coin faces from being scraped off and sold as precious metal. A US dime has 118 grooves across its edge, compared to 119 on a quarter.

Learn how to start monitoring all your coins, cash, gift cards and investments with Neontra → →

The British Pound is the oldest currency still in circulation. The Anglo-Saxon Kings used silver pennies, or sterlings, as currency around 775 AD.

Track your all your $USD, £GBP, $CAD, €EUR and ¥YEN in one place with Neontra →

According to the latest figures from Experian, the average American has 3.84 credit cards with an average credit limit of $30,365.

Don’t let credit cards rule your life. Use our free credit card pay down calculator to help you plan for a brighter future →

In 1950, Diners Club introduced the first payment system resembling a credit card. This wasn't a real credit card, though. It was a charge card instead, and the cardholder was expected to pay the whole debt each month.

Use our credit card payoff calculator to help you plan for a brighter future →

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 →

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 →

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 →

All banknotes wear out in time. Since smaller-denominated notes are used more often, they have a shorter lifetime. Typically, a USD $1 bill will last about 21 months, while a $20 bill can last over seven years.

How may days does your money last? See all your spending visualized by day, week and month →

The Founding Father of the United States and famed inventor Benjamin Franklin's face appears on the $100 bill, but you won't find the $ sign. Believe it or not, the $ sign does not appear on any US currency bank notes.

The Faces on Every US Bill →

The 100,000-peso note issued by the Philippine government in 1998 is the largest banknote in the world. The note was created to commemorate a century of independence from Spanish rule.

Follow every bank note & penny - Track and analyze your cash flow →

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 →

The first War Savings Certificates and Victory Bonds were issued in Canada during the First and Second World Wars. They went towards paying for the war effort.

Browse through the gallery and view the timeline to learn about the History of Canada Savings Bonds. →

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 →

Canada had a 25-cent banknote known as the "shinplaster" that first appeared in 1870. It was in circulation for about 65 years as the intrinsic value of metal rose above the value of coins.

Learn more about Canadian 25¢ banknote known as a "shinplaster" →

Canada stopped using the penny in 2013. A penny is worth so little that it was costing more than a cent to make each one! Today, when buying with cash, we round to the nearest five cents.

Follow every penny & dollar - Track and analyze your cash flow →

Credit card and auto loan missed payments increased by 19% in the first quarter of 2023, according to Equifax, as Canadians struggled to keep up with rising living expenses and interest rates.

Don’t let credit cards rule your life. Our credit card paydown calculator will help you plan for a brighter future →

Canada’s Food Price Report 2023 predicts Canadian families will spend up to $1065 more on food than in 2022.

See predictions on annual food expenditures for individual consumers based on their age and gender. →

Nearly 3 in 4 Canadians report rising prices impacting their ability to meet day to day expenses in 2022, according to StatsCan.

See where you can save more money →

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 →

There are over 1.5 billion Canadian bank notes in circulation. In fact, if you stacked them all together they’d reach a height of over 150 kilometres. That’s officially outer space!

Canadarm2 and the $5 polymer note →

King Charles III will be replacing the late Queen Elizabeth II on Canadian coins and the $20 bill. An effigy of the reigning monarch has appeared on Canadian coins since the Royal Canadian Mint started production in 1908.

Track all your money no matter who is on it in one place →

At the national level, full-time graduate students paid, on average, $7,437 for the 2022/2023 academic year, whereas undergraduate students paid $6,834. This represents a 1.7% and 2.6% increase, respectively, from the previous year.

Tuition fees increase for Canadian undergraduate and graduate students →

While today’s Canadian currency is very recognizable and strong, it’s only been in place since 1870. Prior to that, a variety of currencies were in use throughout 'Canada', including the British Pound, the American Dollar, and even the Spanish Peso.

Track your all your $CAD, $USD, £GBP, €EUR and ¥YEN in one place with Neontra →

Canada stopped producing pennies ($0.01, or 1 cent coins) in 2013, but they remain in circulation, and items for sale are still priced in one-cent increments.

Track every penny you spend →

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 →

While most people can identify the 'heads' and 'tails' of a coin, for collectors, it is also important to identify other parts of a coin too.

Anatomy of a coin →

Canadian gasoline prices dropped year over year for the second consecutive month in March (-13.8%), the largest yearly decline since July 2020.

Statistics Canada has an interactive tool that allows you to explore your personal rate of inflation, based on the goods and services you consume →

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 →

According to Canada's Food Price Report for 2023, a family of four will spend $16,288.41 on food this year ($1,357.37 a month) —that's up $1,065.60 from 2022.

Learn about how to start monitoring your food spending with Neontra →