Grab life by the fun money

Fun money is the best money. It’s the money that gets you onto the ski hill with friends, up close at your favorite concert or on a beach in the dead of winter. We’ve been sharing ideas about how happiness comes from experiences, not material items, and research shows that the more you focus away from money, the happier you’ll be. If you can avoid the sudden urges to purchase material items, you’ll be able to save your hard earned dough for fun experiences and be happier. Mike Tyson didn’t really need 3 Royal Bengal Tigers. Now he’s happy spending time with his family.   But sometimes, there’s no money left after all the bills are paid. Money has this unique ability to vanish – literally. So, it’s important to keep your fun money separated from your bank account. Everyone loves knowing they have a little spending money set aside, which is why many of our cardholders are using their Mogo Card for fun money – smart thinking! Cardholder Cory V. getting down on something tasty. Oh and cute card Cory. #mogocard   “As of today, I’ve totally given up on using my regular debit

5 Ways to Avoid Banking Fees

When you’re getting close to pay day, we all know things can get a little bit tight. That’s when you need to be on the look out for the damaging fees that can occur from bouncing a check or over-drafting your account. Here are five quick tips to make sure you are financially sound at the end of your pay period – act now, and avoid paying when you don’t have to! Monitor Your Money Great things happen to those of us who actually keep tabs on our spending and balances – if you can do this one, you might not need to read the next 4 tips… Pay with Cash When you use cash, there’s no way you can bounce a check or over draft on a payment. Keep it simple, but using some green. Use your Savings – but not all of it It’s a great idea to stash away some emergency cash. Be sure to put it in a separate account (from your Savings AND checking accounts) and use it for what the name suggests: emergencies. Don’t make a habit out of dipping into this money, and use it to save big on fees