Personal finance · Canada
Build wealth in Canada. Slowly, on purpose, one loonie at a time.
I’m not a financial advisor, which is roughly why this is readable. Wealthy Geek is my own run at financial independence in Canada — budgeting, credit, taxes, investing — written up as I go. No ads, no affiliates, no hustle.
Canada · 2026
Contribution room
Reviewed Jan 2026
$7,000
TFSA annual limit
$109,000 total room since 2009
$8,000
FHSA annual limit
$40,000 lifetime · $32,000 if opened in 2023
18%
RRSP of earned income
up to $33,810 for 2026
Written by Max Wealth — an engineer who has managed his own money across India, the US and now Toronto for over a decade. This site is that, written down.
Read the full storyNew here?
Two ways to begin
Ordered reading lists through the same material — pick the one that sounds like you.
I'm new to Canada
The money admin nobody hands you at the airport — in the right order.
- 01SIN, phone, first bank account
- 02Build a credit history from zero
- 03Your first Canadian tax return
- 04Then: the fundamentals
I want my money in order
The fundamentals, in the sequence that actually works.
- 01Emergency fund & a simple budget
- 02Clear high-interest debt
- 03RRSP / TFSA / FHSA, decided
- 04Your first $1,000 in index funds
Top categories
All writing →Budgeting & saving
(3)A budget that survives an irregular income.
Banking
NewNo-fee accounts and where to keep savings.
Credit cards
NewRewards without wrecking your score.
Investing
(1)Accounts, index funds, and a first portfolio.
Taxes & the CRA
NewMyAccount, credits, and the first return.
New to Canada
(1)The money admin nobody hands you at the airport.
Cornerstone
The 10 principles of financial independence
A decade of managing my own money, distilled. Read start to finish, or jump to the one you need.
Read it- 01Emergency funds
- 02Goal-based savings
- 03Debt management
- 04Retirement & compounding
- 05Investing
- 06Budgeting like a business
- 07Insurance coverage
- 08Tax optimization
- 09Needs vs wants
- 10Continuous learning
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