The Lodavo Blog
Saving tips, prize-linked savings explained, and the latest from Lodavo.
Lodavo Is Live: Canada's First Prize-Linked Savings App Launches on iOS and Android
Lodavo, Canada's first prize-linked savings app, is now on the App Store and Google Play. Save money, earn tickets, and win up to $10,000 in free weekly draws.
Should You Pay Off Debt or Save First in Canada?
Should you pay off debt or save first? The Canadian math, why a 20 percent credit card beats every savings account, and the one debt to pay off last.
Are Lottery and Contest Winnings Taxable in Canada?
Lottery and contest winnings are tax free in Canada because the CRA treats them as windfalls. See what's taxed, what isn't, and the exceptions that catch people.
Best no-fee bank accounts in Canada (2026): fees, rates and the fine print
The best no-fee bank accounts in Canada for 2026. Compare monthly fees, rates and CDIC coverage, and see which free accounts come with conditions attached.
Buy Now, Pay Later in Canada: What It Really Costs You
Buy now, pay later use is rising fast in Canada, especially for groceries. Here's how BNPL actually works, what a missed payment costs, and safer options.
Monarch Money alternatives in Canada (2026): 5 apps compared
Looking for a Monarch Money alternative? Compare KOHO, YNAB, PocketSmith, Actual Budget and Lodavo on price, free tiers and Canadian bank sync.
What to Do With a Tax Refund in Canada
A tax refund is a useful savings boost. Learn where to put it first, from debt to emergency savings to a home down payment, with a simple plan that works.
Money and Mental Health: How Financial Stress Affects Canadians
Money is Canada's #1 source of stress, ahead of health and relationships. Here's what financial stress does to your body and mind, and how to ease it.
RRSP vs TFSA vs FHSA: Where Should Your Money Go First?
RRSP vs TFSA vs FHSA in 2026: which account to fill first, with current CRA limits, the math on one $8,000 contribution, and what changes in Quebec.
How to Teach Kids About Money in Canada (2026)
How to teach kids about money in Canada, what the OECD data says about weekly money talks, and the RESP, allowance and TFSA moves that build the habit.