The Mogo Blog

Don't Let Your Dreams be Dreams

It's the middle of the work week and you're probably already thinking about the weekend, wishing it would come sooner. Maybe you're even dreaming about living a life that only has weekends. The question we rarely ask ourselves is, “How bad do I actually want that life?”. It’s easy to let what you desire slip away and accept something lesser, but it’s important to be absolutely honest with yourself. If you want to achieve something, like getting out of debt sooner, buying a home, or retiring,

Spending Less Will Make You Happier

Why do we spend our money on things and experiences? Whether it’s a pair of shoes or a nice dinner out, we do these things not because we have to but because we think they’ll make us happy. But research suggests nothing makes people happier than having their finances in order (out of debt and on track for your long term wealth goals). So if you’re not saving as much as you should or you’re currently in debt, spending less and focusing on getting out of debt and increasing your savings will act

You Never Know

It might be hard to believe, but had you invested only $5 into bitcoin in March of 2010 it would now be worth approximately $20 million today. Over the decade, bitcoin has been a real theatre... Although the debate will continue, bitcoin’s now been around for over 10 years and there’s only ever going to be 21 million of them. Today, bitcoin is valued at around $13,500 per coin, about half of its all time high. Whichever side you’re on, remember that bitcoin can be volatile and is clearly

Love (And Money) on my Mind

Whatever your relationship status is on Facebook, with Valentine’s Day just around the corner, we figured that now would be a good time to share some tips to help you kick your love life – and your financial wellness – up a notch: Little frequent gestures of affection mean a lot more than one big gesture once in a blue moon. Text messages can mean more than an expensive gift. – Reddit [https://www.reddit.com/r/AskReddit/comments/3k86nm/serious_whats_your_one_best_piece_of_relationship/]

More money and a healthier planet

Overspending is the number one reason Canadians struggle financially, and overconsumption is directly linked to climate change. In other words, financial health and the health of the planet are closely related. With Canada now in a state of climate emergency, we want to make it effortless for Canadians to make a positive impact while improving their financial health. So, we’re entering Code Red Mode [https://blog.mogo.ca/were-in-code-red-mode/#.YSaFPtNKhjQ] and planting a tree every time you t