The Mogo Blog

Finally Debt Free: Graham’s Success Story

We got the best present ever on one regular afternoon in January this year. Graham is a Mogo user (which automatically makes him our friend) and in January, he got in touch with a message of thanks. After we’d shared his note around, gassing ourselves up and feeling happy, we drilled down into his message. Graham, using the 50/30/20 Rule, MoneyClass and the MogoCard that we absolutely will not shut up about, beat his debt. This was a massive success for Graham—and for us. That’s how friendsh

You’re not broke, you’re pre-rich.

Make 2021 be the year you get on track to become a millionaire. You know that age-old question that’s so ubiquitous, they made a reality TV show out of it? Who wants to be a millionaire? The answer is everyone. Everyone wants to be a millionaire. Duh. But HOW do you become a millionaire? A lot of people look at becoming a millionaire like winning the lottery, or being chosen by those guys from Queer Eye to change your entire life for you, and you don’t have to lift a finger. Or, they look a

One Simple Trick to Manage Your Holiday Debt

New Year’s resolutions should be about fun stuff, not your debt In our corner of the fintech world, January 1st is an important day. Why? (Yes, it’s New Years Day, but that’s not it.) Because on January 1st, once ye olde hangover has dissipated, people realize that it’s time to face the music. And by music, we mean debt. On January 1st, the holidays are officially over, and it’s time to reckon with our wily pre-Christmas spending habits. This shift in attitude is measurable: last year, the inc