ilovemoney.net Blog

The First Home Savings Account lets first-time buyers save $8,000 per year ($40,000 lifetime) with a full tax deduction on contributions AND tax-free withdrawals for a home purchase. Here is exactly how it works in 2026.

The 2026 TFSA contribution limit is $7,000 — and your cumulative room could be as high as $109,000 if you have never contributed. Here is exactly how it works, how to check your room, and how to make the most of it.

Most freelancers charge what feels reasonable rather than what the math actually requires. The result is chronic underpricing that makes freelancing feel harder than it is. Here is the exact formula to calculate your rate — and why your number is probably too low right now.