Newsletter
Better Finances for a Better You
← 081 Neontra Newsletter Issue #080 079 →
Estimated reading time: 5 minutes
Did you know?
More than 25% of Americans with checking accounts are paying an average of $24 per month in banking fees, according to a 2023 Bankrate survey.
Banking fees add up. Make sure you track them and have the best account plan for your needs →Word of the week
The Diderot Effect
The Diderot Effect states that when we acquire a new possession, it often leads to a cycle of acquiring even more new items. As a result, we end up buying things that our past selves never needed in order to feel content or happy.
The Diderot Effect: Why We Want Things We Don’t Need — And What to Do About It by James Clear →Budgeting
Understanding the Diderot Effect (and How To Overcome It) by Joshua Becker
Becoming Minimalist is designed to inspire people to pursue their greatest passions by owning fewer possessions →Quote of the week
"Save more money than you think you need. Life is unexpected and your future tastes will likely be more expensive. Not worrying about money tomorrow is worth more than whatever you could buy today."
- James Clear
Infographic of the week
Which States Have The Highest Share of Retirement-Age Workers?
About 22% of American adults 65 and older continue to work in 2024. Growth in the 65 and older population, higher cost of living and other factors have led to a large share of older adults in the workforce. New Jersey saw the highest share of working adults over the age of 65 in 2024, and the largest two-year increase.
Retirement-Age Adults Still Working by State →Saving
7 common banking fees
- Monthly maintenance/service fee
- Out-of-network ATM fee
- Excessive transactions fee
- Overdraft fee
- Insufficient fund fee
- Wire transfer fee
- Early account closing fee
- Bottom line
Investing
6 Top Investing Moves To Make Ahead of Fall, According to Experts by Heather Taylor
With the fall season, and Q4, around the corner, now is the best time to check in with your investing goals for 2024. Whether you’re right on track or are a little behind.
There’s still time to get all your ducks in a row ahead of 2025 and reap the financial benefits that come with it →Serious stuff
The Diderot Effect: Intertwined Behaviours by Dr. Shoury Kutappa
Our natural tendency is to consume more, not less. Taking active steps to reduce the flow of unquestioned consumption makes our lives better →Fun stuff
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