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The Lodavo Blog

Saving tips, prize-linked savings explained, and the latest from Lodavo.

Featured

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.

5-min read
10-min read

How to Save Money on a Low Income in Canada (2026)

How to save money on a low income in Canada: claim the benefits you are already owed, drop your bank fees to zero, and make small amounts add up.

7-min read

Apps and tools to help you stop gambling in Canada (2026)

How to stop gambling in Canada: the apps that block it, self-exclusion programs and free help lines, plus a free way to keep the thrill of a win without the risk.

8-min read

Why young adults are choosing online-only banks

More young Canadians are choosing online-only banks for no-fee chequing, better apps, and the same CDIC deposit protection. Here is why the shift is happening.

7-min read

YNAB alternatives in Canada (2026): 5 honest picks

Looking for a YNAB alternative in Canada? Compare Actual Budget, KOHO, Monarch, PocketSmith and Lodavo on price, method and fit, with a pick for each goal.

7-min read

How to Save for a Baby in Canada (2026)

A simple, sourced plan to save for a baby in Canada: what the first year really costs, the income drop during parental leave, a monthly savings table, and where to keep the money.

7-min read

How to Save for a Trip in Canada (2026)

A simple, sourced plan to save for a trip in Canada: set your target, a monthly savings table, where to keep the money, and how to make saving more fun.

6-min read

Save to Win and Premium Bonds: A Canadian Equivalent?

The UK has Premium Bonds and the US has Save to Win. Is there a prize-linked savings equivalent in Canada? How these programs work and what you can use here.

7-min read

How Does the Lodavo Weekly Draw Work?

How the Lodavo weekly draw works: save to earn tickets, pick seven numbers, and someone wins at least $100 every week, plus a $10,000 jackpot up for grabs.

8-min read

Best budgeting apps in Canada (2026): an honest roundup

The best budgeting apps in Canada for 2026, ranked honestly: YNAB, KOHO, Monarch Money, PocketSmith, and Lodavo's free layer that rewards your saving.

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