Newsletter
Towards a Healthier Financial Future
← 035 Neontra Newsletter Issue #034 033 →
Estimated reading time: 6 minutes
Did you know?
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 →Word of the week
Federal Student Aid (FAFSA®)
You need to complete the Free Application for Federal Student Aid (FAFSA®) form to apply for federal student aid such as federal grants, work-study funds, and loans. Completing and submitting the FAFSA form is free and easier than ever, and it gives you access to the largest source of aid to help you pay for college or career school.
What is the FAFSA® form and why should I fill it out? →Budgeting
Trying to get your spending under control? Just like with dieting, it can help to add some structure by following a plan. There are just about as many approaches to handling your daily finances as there are to counting calories.
The WSJ Tested 5 of the Best Budgeting Methods. Here’s what they found →Quote of the week
"If you don't find a way to make money while you sleep, you will work until you die."
- Warren Buffett
Infographic of the week
Visualizing the Pyramid of Global Wealth Distribution
Who controls global wealth? In 2022, the world’s millionaires held nearly half of net household wealth. Decades of low interest rates led equities and real estate values to soar, and these assets are disproportionately held among the world’s wealthiest.
The distribution of global household wealth, based on the annual 2023 UBS Global Wealth →Saving
Sales Are Shams but Deals Are Real: Here’s How to Know the Difference
Wirecutter on spotting an overhyped “sale” that doesn’t provide a meaningful discount or an actual deal →Investing
Ways to supercharge your CD investments
CDs offer a guaranteed interest rate that’s typically higher than a savings account, and you get the safety of FDIC insurance to ensure your money will be there when you need it. They’re not right for every situation, but they can be an effective way to save for short-term goals or create a predictable stream of income.
How to find the best CDs to invest in →Serious stuff
6 Estate Planning Must-Haves Everyone benefits from ensuring assets and finances are managed as they wish.
Here is an estate planning checklist of items every estate plan should include →Fun stuff
"Money don't matter 2 night It sure didn't matter yesterday Just when u think u've got more than enough That's when it all up and flies away That's when u find out that u're better off Makin' sure your soul's alright"
Which artist is #1 on our Neontrack playlist this week?
Listen to our Neontrack playlist when you have music and money on your mind.