No fee everyday banking
Set up direct deposit and skip the monthly fee. Free to open, and the Easy plan has no monthly fee. Worth doing if you will actually move your pay or your CRA deposits over, not if the card sits unused. Code BREMO2026.
Enter your income and expenses to see exactly where your money goes and how much you can save each month.
A budget isn't a restriction — it's a plan. When you know exactly where your money is going, you can make intentional choices about how to use it. This calculator gives you a complete monthly budget snapshot designed for Canadian cost-of-living realities.
Most people fail at budgeting not because they lack willpower, but because they try to track every single transaction. A simpler approach: track categories, not individual purchases. When you see that you're spending $600/month on dining out, you can make a decision about how much of that you want to keep.
How does your budget compare? According to Statistics Canada, the average Canadian household spends approximately:
Of course, costs vary dramatically by province and city. Housing in Toronto or Vancouver can easily be $2,500–$4,000+/month for a family.
KOHO's spending categories automatically track where your money goes — no spreadsheet required. Set spending limits by category and get alerts when you're close. Get $100 cash with code BREMO2026.
Get $120 with KOHO →