The Mogo Blog

3 Expert Budgeting Styles to Help You Save Money

As of 2019, only half of Canadians had—and used—a budget.¹ As of 2020, the way we use budgets was, perhaps, altered. Let’s just leave it at that. Looking forward into 2021, as we see the light at the end of the big, dark, global tunnel, many Canadians are hoping to find rhythm, reliability, and normalcy in their finances again. How do we know? In Canada, search terms “budget” and “how to budget” saw upticks on ye olde Google Trends, which likely reflects a desire to get back on our collective

Self Employed Tax Write Offs (And How They Save You Money)

Another year, another tax season. Another springtime during which your non-self-employed pals run a single T4 through a free tax software and click ‘File.’ Another March and April in which you spend countless hours trying to make sense of your shoebox receipt “filing system”, a task as straightforward as reading tea leaves (read: mythic, and best left to the experts). Ah, tax season as a self-employed worker. We know ye well. And we hate ye. In 2020, the number of Canadians earning an i

How to take control of your grocery spending

Written by reebee [https://www.reebee.com/flyers]. reebee is the free top-rated platform for discovering products and making your best purchasing decisions. Save on groceries, home improvement, electronics and more using reebee! Groceries are getting expensive. But don’t worry! There are plenty of simple ways to shop smart when it comes to groceries. We have outlined six easy tips that will help you take control of your grocery spending, even while food prices increase. Let’s dive in. 1. Us

A Newcomer's Guide to Credit Scores in Canada

Credit scores underscore much of Canadian financial health. A good credit score allows you to borrow money for things like mortgages; a bad credit score can bring on higher interest rates and unfavourable loan terms. It’s important to know the ins and outs of credit scores—and building up your own—which can help ensure you’ll be able to participate in Canada’s financial system with the best terms like interest rates. Before we get into it, we’d like to note that while using credit cards can

Millionaire Mondays with Pauline

Like lots of Canadians, Pauline experienced something of a financial reckoning in 2020. Balancing government support with earned income, debts with bills, and that ever-loathed student loan with savings was a serious headache, but Pauline has come away from 2020 with the golden ticket: a solid plan to reach her financial goals. This interview is part of a lightly chaotic series where Megan, a writer, discusses millennial financial goals with her peers and their strategies to get there. Spoiler: