The Mogo Blog

Rick Ross Money: 6 Steps to Budget like Rozay

Budgeting sucks, but everyone has to do it. Playas gotta play, and you gotta have $$ to play - that wine date ain’t paying for itself. Besides, not budgeting is like never cleaning your apartment and then being shocked when it’s a disgusting mess and no one wants to Netflix and chill with you. So, here are some tips to stretching that Rick Ross money and make budgeting more bearable (and kick ass at it): ![](/content/images/2015/10/RR_budget_fun-2.jpg)Make the act of doing your budget enjoyabl

My Credit Score Sucks. Now What...

So you just checked your credit score and it sucks. Or maybe you went to borrow credit and were declined or offered a rate that is much higher than expected. Whatever it is, you’ve realized it’s time to get your sh*t together. What’s your credit score and where does it fall on the scale of zero to hero? ![](/content/images/2015/10/chart.jpg)If your score sucks, here’s what to look for: Fraud or mistakes on your credit bureau. Make sure that everything on the report belongs to you and that the i

Don't use credit cards: separate to save

In the name of not spending credit as if it’s the same as cold hard cash, many of us (particularly our clever MogoMembers [https://www.mogo.ca/signup]) are starting to make sudden, brash, and life-altering realizations—starting with this: credit and cash are not synonymous. So, in order to save cash, don't use credit cards. Separate your credit instead. What we mean by this is really quite simple: sometimes, ultra-convenience can bring down walls where walls must exist. What we really mean to

Breaking credit card debt

“I want to stay in debt and keep paying interest”, says nobody ever – but when it comes to credit card debt sometimes many of us feel that paying just the minimum payments is fine. If you carry credit card debt and you only pay the minimum payment, it can literally take many decades to pay off your debt. ![](/content/images/2015/08/83_years.jpg)Not sure how bad credit card debt really is? Here is a quick fact: ![](/content/images/2015/07/82B-1.gif)Luckily, there is a better way. If you have be

How to Trick Your Brain to Stop Buying Cr*p You Don’t Need

We all buy crap we don’t need. The problem is, most of us get smacked upside the head by our load of debt and our brain still doesn’t get the memo that we’ve been spending like we’re on tour with Drake. But how can I stop myself from swiping my credit card for yet another new pair of kicks when I find the last pair of Stan Smith trainers in my size?... you might be thinking. That’s right. You might be shocked to realize it’s not H&M’s socially responsible attitude that keeps you coming back,