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About Us

Budget for Your New Life in Canada

You've moved to a new country, which can be overwhelming. Everything feels different—the culture, people, language, work environment, ways of living, and managing money.

You know it is important to figure out how much money you’ll need to live, but you might not know how to do that. And sometimes you worry about making mistakes, spending too much, or being taken advantage of. Take a moment to acknowledge whatever it is that you’re feeling. Now, imagine how good it would feel to have peace of mind and feel more confident about your finances.

Introducing Butterfly—an app designed by newcomers, for newcomers, offering personalized insights into your income and expenses to help you build a sustainable spending plan for life in Canada.

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How it works

Your Journey to Financial Confidence

Instead of tracking every single penny, sustainable spending is about looking at income and expenses to develop a plan that is sustainable over time.

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1
Tell Us
About You

We’ll start by asking you a few simple questions about yourself to help personalize your experience.

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2
Enter
Income

We’ll talk about income and how much money you have coming in, so you get a clear picture of your finances.

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3
Calculate
Expenses

We’ll ask about expenses to gain insight into your spending and provide Canadian averages to help you better understand what your expenses might be.

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4
View
Budget

If there’s a deficit, don’t worry—we’ll help you tackle it using our sustainable spending method. If it shows a surplus, we’ll how to allocate the extra cash.

App Features

A Guided Journey

We’ll guide you through building a budget, and offer useful strategies for spending, saving, budgeting, and debt repayment.

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Simple and
Secure Process

Butterfly is simple and straightforward so you can easily understand and manage your finances. We’ll provide averages on the cost of living based on where you live in Canada and your household size so you know what to expect. We’ve also included questions that are most relevant to you as a newcomer, like whether you’ll be sending money back home to support your family. Plus, we don’t require you to link your personal banking details, so your data stays secure.

Get My Customized Budget
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Personalized
Resources and Insights

Everyone’s situation is different – by asking questions tailored to you, we’ll provide suggestions and resources that will help you build a budget that makes sense for your life. Knowing where your money is going can help you feel more confident in the financial choices you're making. Whether it’s for paying bills, saving, or investing, we’ll offer advice along the way on how to make the most out of your money!

Get Personalized Insights
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Features Relevant to Newcomers

To make things easier to understand, we’ll give you the option to convert your final budget into your home currency. The entire journey is also multi-lingual, available in Hindi, Spanish, English, and French. You’ll be able to revisit and adjust your budget each month so you can track changes in spending and income to stay on top of your financial goals

Get Support With Budgeting
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Helping You Budget for Life in Canada with Confidence
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Frequently Asked Questions

What is Butterfly?
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Butterfly is a budgeting app for newcomers to Canada that helps you build financial confidence. Butterfly was designed by newcomers, for newcomers, and is available for free from Credit Canada, the first and longest-standing non-profit credit counselling agency in Canada. It will guide you through building a budget, offering useful strategies for spending, saving, budgeting, and debt repayment that can be sustained over time.
Butterfly is a progressive web app so it works on any device with access to the internet. You can add a shorcut to www.budgetbutterfly.ca. on your device
  • If you’re using an iPhone or iPad: Click the Share icon (square with an arrow pointing out of the top), and select “Add to Home Screen.”
  • If you’re using an Android: Click the Menu icon (3 dots in upper right-hand corner or 3 horizontal lines in bottom right-hand corner), and select “Add to Home Screen.”
  • If you’re using your desktop web browser: Click the Star icon next to the URL to Bookmark, or select “Install Application” in the URL bar.
Butterfly is designed for newcomers who have recently arrived in Canada and those who are planning to immigrate to Canada. However, even if you aren’t a newcomer, Butterfly offers financial strategies that are useful for anyone looking to develop a budget that’s sustainable over time.
Yes, Butterfly is free to use and always will be.
Butterfly has several features designed to help you easily understand and manage your finances. It is:
  • Simple: We’ll guide you through building a budget, offering useful strategies for spending, saving, budgeting, and debt repayment. Plus, the entire process only takes about 10-20 minutes to complete!
  • Customized: We’ll provide insights on the cost of living based on where you move to in Canada and your household size.
  • Relevant: We’ll ask questions that are most relevant to you as a newcomer, like whether you’ll be sending money back home to support your family.
  • Secure: Our app doesn’t require you to link your personal banking details, so your personal data stays safe.
  • Currency Conversion: To make things easier to understand, we’ll give you the option to convert your budget into your home currency.
  • Multi-lingual: The entire journey is available in four different languages.
It’s an approach to budgeting. Instead of tracking every single penny, sustainable spending is about looking at income and expenses and developing a plan that is sustainable over time. The sustainable spending approach is simple to apply. It offers stability and flexibility even if your income changes. It also encourages responsible spending habits, helping you build confidence as you settle into your new country.
There are three steps to sustainable spending that Butterfly uses – also known as the ABCs:
  • Analyze: Take a close look at your income and expenses. This is called your cash flow. Understand how much money is coming in and where it is going out. Then you can see if you need to increase income or decrease your expenses.
  • Brainstorm: Think about ways to improve your cash flow, and ideas that could help you earn more and spend less. Consider setting goals, like saving for emergencies or paying off debt.
  • Change: After you’ve done some analysis and brainstormed some ideas, commit to making positive changes to improve your cash flow. Even small adjustments can lead to big wins over time!
Butterfly is a progressive web app, which means you can access it on any device and operating system.
Yes, you need an internet connection to use the app. Butterfly is a progressive web app, so it requires internet access just as a typical web page does.
To create an account, click on the “Get Started” button and launch the app. Then select "Sign Up." Follow the prompts to enter your email, create a password, and provide any other required information.
You can contact customer support by going to "Main Menu" > "Help & Support" > "Send Queries Form." You can also email us at butterfly@creditcanada.com.
If you encounter a technical problem, try relaunching the app or restarting your device. If the issue persists, visit our support page or contact our customer support team for help.
Yes, a tutorial is available. Go to www.budgetbutterfly.ca/tutorial or click here.
We take your privacy seriously. Please review our Privacy Policy for detailed information on how we handle your data.
Yes, we use industry-standard encryption and security measures to protect your data. We also don’t require you to link your personal banking details. Some budgeting apps can put your data at risk if the right security protocols aren’t in place. That won’t happen here!
If you suspect your account has been compromised, change your password immediately and contact our support team at butterfly@creditcanada.com.
Yes, Butterfly is multi-lingual and the entire journey is available in Hindi, Spanish, English, and French.
We value your feedback and welcome suggestions! Please email butterfly@creditcanada.com.

Brought to you by Credit Canada, the first and longest-standing non-profit credit counselling agency in the country.

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