Built for Canadians, coast to coast to coast
Bite-sized lessons, daily streaks and hands-on simulators for the TFSA, RRSP, FHSA, mortgages, taxes and the math behind them. Like a game, but your future self wins.
Lesson 3 ยท TFSA basics
What makes a TFSA special?
Try it now, no account needed
The big money decisions Canadians face, turned into hands-on experiments. Here's a taste.
Live duel
Which account leaves you with more after tax? Slide your numbers and watch them battle it out.
RRSP wins by $28,865 after tax. Your tax rate is expected to be lower in retirement, so deferring tax pays off.
Simplified example: 5% yearly growth, approximate Ontario combined rates, RRSP refund reinvested. Ignores benefit clawbacks and contribution room.
Live simulator
See how price, down payment, rate and amortization change what you pay every month.
Estimated monthly payment
$3,338
Less than 20% down means mortgage default insurance. About $18,135 is added to your mortgage.
Simplified example with semi-annual compounding. Excludes property tax, closing costs and provincial sales tax on insurance.
How it works
No jargon walls. No hour-long videos. Just steady progress you can feel.
Buying a first home, crushing debt, or finally opening that TFSA? Tell us, and we build your path.
Three-minute challenges, quizzes and simulators that use real Canadian rules and real-world numbers.
Earn XP, keep your streak and unlock new skills as your confidence grows, one leap at a time.
What you'll learn
Six learning paths, from your first budget to your first home.
Build a spending plan that survives real life, from rent day to holiday season.
Sample skill The 50/30/20 split
Know which registered account to use, when, and why contribution room matters.
Sample skill FHSA + RRSP home combo
Down payments, default insurance, fixed vs variable, amortization and the stress test.
Sample skill Fixed vs variable rates
Index funds, ETFs, MERs and how a 2% fee can quietly eat a third of your returns.
Sample skill MER over 30 years
Marginal vs average rates, refunds, credits and deductions, explained without the headache.
Sample skill Marginal tax brackets
Percentages, compound interest and the Rule of 72: the math that powers every money decision.
Sample skill Compound interest
Coming soon
A beautiful native app for focused learning sessions on your Mac, with everything you love about LoonieLeap and more room to experiment.
Yes. The core lessons, streaks and simulators are free to use in your browser. The upcoming LoonieLeap for Mac app will be a paid app with extra features.
No. LoonieLeap is an educational tool. Lessons and simulators use simplified assumptions to help you understand how things work. For decisions about your own situation, speak with a licensed financial, tax or legal professional.
Anyone in Canada who wants to feel confident with money: students, newcomers, first-time home buyers, new parents and anyone who wants to finally understand the TFSA, RRSP, FHSA and RESP.
Lessons explain where rules differ by province, such as income tax brackets and land transfer taxes. Simulators currently use simplified example rates, and more province-specific options are on the way.
Most lessons take three to five minutes. Short, game-like sessions help you build a daily habit, earn XP and keep your streak alive.
LoonieLeap for Mac is coming soon.
Join Canadians building real money confidence, one lesson at a time.
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