Newsletter
Better Finances for a Better You
← All Neontra Newsletter Issue #091 090 →
Estimated reading time: 6 minutes
Did you know?
The average U.S. federal student loan debt is $37,853 per borrower. Outstanding private student loan debt totals $128.8 billion.
Average Student Loan Debt by State →Word of the week
Student Loan
A student loan is a sum of money borrowed to cover the costs of post-secondary education, including college expenses and other related costs. The primary purpose of student loans is to finance living expenses, books and supplies, and tuition while the borrower is pursuing a degree. Loan payments are often deferred during the time the student is in college and for several months after graduation.
Explore different types of scholarships →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 →Budgeting
As you prepare to settle at your home away from home, it’s vital to estimate the costs you’ll incur beyond tuition to avoid any surprises
First-year college costs to prepare for beyond tuition by Hanneh Bareham →Quote of the week
"Wealth is not about having a lot of money; it’s about having a lot of options."
- Chris Rock
Infographic of the week
Financial Literacy 101: What Every College Student Needs to Know by StudyCorgi
StudiCorgi has put together a list of practical strategies to help college students become more financially savvy and develop a healthy money mindset that lasts well beyond their college years. Their visual guide outlines the benefits of financial literacy and the key principles that will enable young adults to manage their finances effectively.
Benefits of financial literacy for college students →Saving
Maybe you clicked on a link and bought this season’s must-have sneakers. Well, you’re not the only one whose spending is fuelled by what you’re seeing online.
Stress Test Podcast: Viral TikToks can crawl into your brain and trigger spending →Investing
Five Principles of Successful Investing
1. Invest early 2. Invest regularly 3. Invest enough 4. Have a plan 5. Diversify your portfolio
Five basic principles on how to invest and avoid costly mistakes. Learn more from RBC →Serious stuff
“How we handle our finances is very much tied to how we experience life,” says John Pharr, CPA, a tax and financial advisor based in Pensacola, Fla. “Our spending, saving, and money management habits reflect our psychological health. By getting a handle on them, we can dramatically reduce our worry and anxiety and regain a sense of control.”
How to fix your finances: 6 tips for financial wellness in 2025 →Fun stuff
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