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Loonies and Sense

Practical financial advice for Canadians. Budget. Save. Invest. Retire.


First Home Savings Account: The Complete Guide

Reading Time: 7 minutes A first home purchase is a significant milestone for many Canadians, representing stability, security, and a sense of achievement. To make first homeownership more accessible, the Canadian government introduced the First Home Savings Account (FHSA) program in April 2023. This blog article provides a comprehensive guide to help you understand …


Inflation in Canada: Everything You Need To Know

Reading Time: 6 minutes Inflation is a term that often makes headlines and creeps into our daily conversations about the economy and money. It’s a concept that impacts our purchasing power, investments, and overall financial well-being. But what exactly is inflation, and why is it so important to understand? In this blog post, we’ll …

Invest Canadian currency

Canadian Dividend Stocks: How To Earn More Passive Income

Reading Time: 7 minutes Have you ever wondered how you could make your hard-earned money work even harder for you? Well, buckle up because, in today’s blog post, we’re diving deep into the world of investing in Canadian dividend stocks for passive income. Trust me, this is one financial journey you won’t want to …

Retire Sprouting coins

Canadian Retirement Planning: How To Start Saving Right Now

Reading Time: 8 minutes It’s never too early or late to think about retirement planning. But with rampant recent inflation, the lingering effects of a pandemic, and many families struggling to keep their heads above water financially, what does Canadian retirement planning look like in 2023? Where Do Things Stand? When Are Canadians Retiring? …

Budget woman shopping

How To Save Money on Groceries in Canada

Reading Time: 6 minutes Times are tough for many Canadians. One area where you can make a significant impact on your budget is to save on groceries. Groceries are a necessity, but with some smart planning and shopping techniques, you can save a substantial amount without compromising on quality or nutrition. So get started …