Wealth Awesome Newsletter

Hey there,

I like to approach my investments and money with one overall strategy: Hope for the best, and prepare for the worst. 

The worst case is the potential recession that is looming if these aggressive interest rate hikes end up stalling the economy.

The more prepared you are for a recession, the less you’ll have to worry about if it hits. I recently wrote an article for CTV News about how to prepare for a recession.

I mentioned in a previous email about a silver lining that since interest rates were increasing, high-interest savings account rates should increase as well. Well, that just happened with Neo Money. It recently bumped up its saving rates from 1.80% to 2.25% - a big increase.

That’s 225 times more than what many traditional banks offer (0.01%). For example, if you hold $1,000 with Neo Money, you'll get $22.5 after one year (at current rates). Compare that to a bigger bank, where you might only receive a measly 10 cents in their regular savings account. 

If you want to build your savings faster, sign up with Neo Money here to see what it’s all about.

Also, I would really appreciate some of your help! If you've been inspired or helped by my content on Wealth Awesome in any way, please reply to this email describing how, and I may include the testimonial somewhere on my website. You can either submit it anonymously, or you can have your name and/or a small picture printed if you want. 

Some popular articles published on Wealthawesome.com:

Money:

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Investing:

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Retirement:

How Much Do I Need To Retire In Canada?Retirement Plans In Canada: 8 Fantastic Options8 Best Places For Canadians To Retire: At Home & Abroad

Special Offers:

Earn 2.25% interest on your savings with Neo Money

Regards,
Christopher Liew, CFA
Creator of Wealth Awesome
Website: Wealthawesome.com