The Mogo Blog

8 Things That Will Surprise (and maybe make you mad) About Credit Cards

One 76.3 Million Visa and Mastercards are in circulation in Canada. (Keep in mind, we have about 35 million people in the country… about 2.11 cards/Canadian.) Source:cbc.ca [http://www.cba.ca/contents/files/statistics/stat_cc_db038_en.pdf] Two People spend an average of 12-18% more when using a credit card, as opposed to cash, debit, or prepaid card options. Source:nerdwallet.com [http://www.nerdwallet.com/blog/tips/credit-cards-make-you-spend-more/] Three Your minimum payment gets yo

Fun Money Friday - Win the RetroDuo Portable Gaming System from Mogo

Attention 90′s kids! It’s time to grab some nostalgic gaming power, and try out the RetroDuo Portable Gaming System for Fun Money Friday. That’s right – Mogo wants to put this amazing gaming system into your hands for free. All you need to do is visit us on Facebook [https://www.facebook.com/mogomoney] and fill out the simple Fun Money Friday form to enter. The RetroDuo [http://retroduoportable.com/]: Get back into the game with this awesomely portable retro gaming machine. With the RetroDuo,

Book a Hotel Last Minute to save: Hotel Tonight App Review

In 2014, I want to be more spontaneous. That’s going to mean flying by the seat of my pants and leaving some decisions to the last minute. Sometimes that means spending a little more – but with the right apps, it can actually mean the opposite. Hotel Tonight [http://www.hoteltonight.com/] is one of many travel apps, but sticks out because of the great user experience it provides. How does it work? Upon opening the app, Hotel Tonight automatically detects where you are to offer hotel deals st

Fun Money Friday: Win the Philips Wake Up Light

Designed by leading sleep exerts, the Philips Wake Up Light gradually wakes you up with revitalizing, increasing light. Picture a sunrise in your room, on your own schedule. Read more about how to win, and why this will make every day a sunny day. Who wouldn’t want this? Anything that makes my wakeup better is a welcome change to the day. What it does * Uses calming sounds and increasing light to wake you up * Allows for natural wakefulness in the morning, instead of abruptly dragging out

I don't want a credit card (but can I live without one?) in 2014

Let’s face it, we all need to spend. Whether it’s online or in person, fun stuff or bills, the average Canadian has money coming in and out. Traditional credit cards make spending easy, but paying hard. Spending aftershock can leave us in total disbelief when the monthly credit card statement finally surfaces. It’s kind of like the shark in Jaws… scary while you can’t see it – and even worse when it shows up. Can 2014 be different? Will you be able to escape the credit card cycle this year, wit