Most money apps are built for Americans.
A 401(k) is not an RRSP. Lollygem teaches how Canadian money and business actually work, and it does it by asking rather than lecturing. Here is one of 1,485 questions.
First home savings
Why should you open an FHSA even if you cannot contribute to it yet?
This is the most commonly missed detail about the FHSA. Unlike a TFSA, where room accrues from age 18 whether or not you hold an account, FHSA room starts only when you open one. Opening it early costs nothing and preserves room you would otherwise lose.
Two things nobody teaches properly
How to manage your own money, and how to run a business. Lollygem covers both, because for a lot of Canadians they are the same problem six months apart.
Your money
- RRSP room, deadlines and the Home Buyers' Plan
- TFSA limits, and why withdrawn room returns in January
- The FHSA, deductible going in and tax free coming out
- RESP and the education savings grant most families never claim
- CPP timing, and what 60 versus 70 costs over a lifetime
- The OAS clawback that catches careful savers
- Budgeting, credit, insurance, property and estates
Your business
- Sole proprietorship, partnership or incorporation
- CCPC status, the small business deduction, and how it is lost
- GST registration and the tax you hold in trust
- Cash flow, runway, and why profitable businesses still fail
- Customer acquisition cost and payback period
- Valuation, multiples, and what a buyer actually pays for
- 1,485
- questions, every one Canadian
- 29
- topics from budgeting to business valuation
- 8
- ways to play, half of them business simulations
Questions come back until they stick
Getting something right once is not learning it. Lollygem returns the questions you missed the next day, then in three days, then a week, then a month. The ones you know stop wasting your time.
Every game also feeds five business stats: cash flow, market share, team morale, innovation and stability. Play well and your company grows. Neglect one and you will see it.
Free every day
A full quiz daily at no cost, with streaks, XP and the leaderboard included. Premium unlocks unlimited sessions and every game mode.
Get it on Google PlayLaunching on Android in Canada. iOS to follow.
Lollygem teaches how Canadian financial and business rules work. It is not financial, tax or legal advice and is no substitute for a qualified professional. Figures reflect published CRA and Service Canada amounts and change annually. Confirm current numbers at canada.ca before acting.