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.

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.

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.

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.

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.

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.

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.

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.

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.

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.