Money basics

Lessons

1. 1 Banking basics in Canada: chequing, savings and CDIC How chequing and savings accounts work in Canada, what to look for in a bank, how CDIC protects your deposits and how to avoid fees, in plain English. 3 min read Mark as done : Banking basics in Canada: chequing, savings and CDIC
2. 2 How to make a budget in Canada (the 50/30/20 rule) A simple way to budget in Canada: start from your take-home pay after tax, CPP and EI, split it 50/30/20, plan for yearly bills and automate it. 3 min read Mark as done : How to make a budget in Canada (the 50/30/20 rule)
3. 3 Emergency fund in Canada: how much and where to keep it Why an emergency fund comes before almost everything else, how to work out yours, where to keep it in Canada (a savings account or TFSA) and how to build it. 3 min read Mark as done : Emergency fund in Canada: how much and where to keep it
4. 4 Insurance basics in Canada: what you need and what to skip Which insurance matters most in Canada: your income beyond EI, what provincial health plans don’t cover, life, home and car insurance, and what to skip. 4 min read Mark as done : Insurance basics in Canada: what you need and what to skip
5. 5 Inflation and interest rates in Canada, explained What inflation is, why the Bank of Canada raises and cuts its policy rate, and what it means for your savings, debts and mortgage renewal. 2 min read Mark as done : Inflation and interest rates in Canada, explained
6. 6 Credit scores in Canada: what counts and how to raise yours How credit scores work in Canada, what Equifax and TransUnion look at, how to check your score for free and the fastest ways to improve it. 2 min read Mark as done : Credit scores in Canada: what counts and how to raise yours
7. 7 How to spot and report money scams in Canada The warning signs almost every scam shares, the most common scams in Canada, from fake CRA calls to e-Transfer fraud, and where to report them. 3 min read Mark as done : How to spot and report money scams in Canada
8. 8 Investing basics: TFSA, RRSP and index funds What investing is, how stocks, bonds and index ETFs work, which accounts to use first in Canada (TFSA, RRSP, FHSA) and how to start with a small amount. 2 min read Mark as done : Investing basics: TFSA, RRSP and index funds
9. 9 How much should I save for retirement? (RRSP guide) How much to save for retirement in Canada, why starting early matters most, a simple target for your RRSP, and how to use your RRSP room and tax savings. 3 min read Mark as done : How much should I save for retirement? (RRSP guide)