Personal Finance

Learn how to properly void a cheque in Canada. Follow these simple steps to create a void cheque for direct deposits, automatic payments, and more.

Learn what a bank statement is. Discover its parts and why it is important for keeping track of your money in a good way.

Navigating Canadian ATMs as a first-time user? Learn how to withdraw cash securely, avoid unnecessary fees, and ensure a smooth transaction in this comprehensive guide.

Discover helpful Canada banking security tips to protect your bank account. Stay safe, guard your privacy, and avoid scams.

Canadian winters can bring unexpected expenses for immigrants unfamiliar with extreme cold. This guide offers practical budgeting tips for heating, clothing, transportation, and food. Learn how to prepare your home, shop smart, and access support programs to manage seasonal costs and stay warm without straining your finances in Canada.

Financial literacy is essential for immigrants starting a new life in Canada. At Remitly, we help newcomers access free tools and educational programs to build smart money habits. From budgeting and saving to understanding credit and government benefits, financial education can empower you to make confident, informed decisions in your...

Building credit is essential for newcomers in Canada. A strong credit score opens doors to loans, rental housing, and credit cards. At Remitly, we’ve created a simple guide to help immigrants start building credit from day one—covering everything from opening a bank account to using credit responsibly and monitoring your...

Choosing the right bank is a key step for newcomers settling in Canada. With secure options and tailored newcomer packages, Canada’s banking system makes it easy to manage your finances confidently. In this guide, Remitly outlines everything you need to know—from account types to credit building and avoiding common banking...

A Tax-Free Savings Account (TFSA) helps newcomers in Canada grow their savings without paying tax on investment gains. Whether you're saving for a home, emergency fund, or trip abroad, TFSAs offer flexibility and security. Remitly explains how to open, contribute to, and maximize your TFSA for long-term financial success.

Living in Canada’s major cities can be expensive, especially for newcomers navigating housing, groceries, and transport. At Remitly, we provide budgeting tips to help immigrants manage costs in places like Toronto and Vancouver. With smart planning, you can reduce expenses, support your family, and build financial stability in your new...

Managing rent and utility costs is key to settling into life in Canada. At Remitly, we offer smart strategies to help newcomers find affordable housing, cut utility bills, and build a strong financial foundation. From choosing the right neighbourhood to budgeting tips, our guide helps you take control of your...

Learn how to budget effectively in Canada with expert tips on saving, expense tracking, banking, and financial planning for 2025.