Newsletter

Better Finances for a Better You

← 074 Neontra Newsletter Issue #073 072 →

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

Estimated reading time: 6 minutes

Did you know?

Switzerland was the country with the highest average wealth per adult in 2023 with $709,612.

Manage all your assets and liabilities to track your wealth real time at Neontra →

Word of the week

Generational Wealth

Wealth that is passed down to children or other family members from parents or other relatives. This can include financial investments in children's education, such as covering the cost of college, as well as cash, real estate, or anything else with a monetary worth. It is also known as intergenerational wealth.

Generational wealth: What it is and how experts say you can work to build and protect it by Ivana Pino →

Budgeting

Tips to teach budgeting for kids

  1. Let your kids earn their money
  2. Discuss wants and needs
  3. Set savings goals
  4. Offer your kids a savings incentive
  5. Let your kids learn from mistakes
Teach your kids how to save money early. Discover helpful tips about how to teach kids budgeting skills →

Quote of the week

"Trade money for time, not time for money. You’re going to run out of time first."

- Naval Ravikant

Infographic of the week

The Countries With the Highest Wealth per Person

In 2023, global wealth increased by 4.2% as global stock markets rebounded and inflation eased. While Europe, the Middle East, and Africa achieved the strongest wealth growth, the U.S. accelerated at roughly half the rate of these regions, at 2.5% annually.

The Countries With the Highest Wealth per Person Highest average wealth per person, by country. Where does your country rank? →

Investing

10 Common Investing Mistakes To Avoid by Brean Horne

1) Not building a rainy day fund 2) Forgetting about inflation 3) Not setting financial goals 4) Not using your tax allowance 5) Forgetting fees 6) Not diversifying 7) Not doing your research 8) Following fads 9) Reviewing your investments too little (or too much!) 10) Not learning from your mistakes

Take a closer look at 10 common investing mistakes and how to avoid them →

← 074 Neontra Newsletter Issue #073 072 →