Borrowell

06/01/2026

Throughout June, we’re giving away 10 prizes of $10 every day, 1 prize of $100 every day, 1 prize of $300 every day, and one $10,000 cash grand prize!

Open your daily Mystery Box to be in with a chance of winning a daily prize, and to get entries for the $10,000 grand prize.

Plus, get extra entries for the grand prize by completing weekly surveys, getting approved for a credit card, or making a Credit Builder or Rent Advantage payment.

Sign up or log in to Borrowell to get started, or head to borrowell.com/4-million-giveaway for more information on our 4-Million Member Giveaway.

05/11/2026

We took to the streets of Toronto and asked people to guess which Canadian province has the highest credit card debt per person. Did you guess right? 🫣

05/07/2026

Say less.

04/23/2026

“For years, I treated budgeting like a crash diet. I’d look at my spreadsheets, slash every "unnecessary" expense to the bone, and tell myself that this was the month I’d finally become a fiscal monk. No dinners out, no overpriced lattes, and definitely no cosmetic procedures. Because how could I justify spending money on that when there are TFSAs to contribute to and RRSPs to max out?!?

Predictably, I failed. Every. Single. Time.”

In the very first blog post of our “First Person” series, Lisa Rusinek explains why her budget spreadsheet includes a line item for Botox, and how budgeting for luxuries has actually made her MORE financially responsible.

Read the full post at https://borrowell.com/blog/i-budget-for-botox.

Learn why Lisa Rusinek realized the only way to make budgeting sustainable is to accept that not all purchases will be "sensible".

03/18/2026

Today, the Bank of Canada decided to hold its key interest rate at 2.25% 🏦

After cutting rates twice in fall 2025, the Bank has now held steady through December, January, and March as it continues to monitor inflation and the health of the Canadian economy.

Most economists expected this pause, and many think the Bank could keep rates around this level for much of 2026 while it waits for clearer signals on inflation and economic growth.

Make sure you're following Borrowell to keep up-to-date with Canadian finance news.

03/17/2026

Which Canadian province or territory has the highest credit score on average? Did you guess right?!?

If you don’t know your credit score yet, you can access it for free through Borrowell: Canada’s first provider of free credit scores 🙌

03/04/2026

Apple vs Android: which users have a higher average credit score in Canada?

Did you guess right?!?

If you don’t know your credit score yet, you can check it for free with Borrowell, Canada’s original provider of free credit scores 🙌

02/26/2026

🎤 We asked people on the streets of Toronto whether they think Millennials or Gen-Z have a higher average credit score in Canada. Did you get it right?!?

If you don’t know yours yet, you can get your free credit score through Borrowell 🙌

02/17/2026

🚨There are less than two weeks left to maximize your RRSP contributions for the 2025 tax year!🚨

RRSPs are one of the best financial vehicles available to lower your yearly taxes and achieve significant, long-term savings goals.

Every dollar you put in lowers the amount of tax you owe. You'll find your personal RRSP contribution limit through your CRA account and, if you're able to, it's a great idea to max out your annual contribution.

If you're not able to this year, don't worry, your unused contribution room will roll over to next year, but why not think about setting up a regular auto-payment to your RRSP going forward so you're more likely to maximize next year?

Got questions? Let us know in the comments!