The Mogo Blog

Millionaire Mondays with Maxine

Maxine has a different relationship with money than many Canadians, and as a freelancer, she knows the many joys and perils of trying to make a budget that just friggin’ works. Some specifics of her budget and financial plan might be muddy, but the path forward is clear: the recipe to her success is part home ownership, part bein’ a kickass photographer, part generational wealth, with a sprinkle of Bitcoin to boot. 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: we all want to be millionaires. In this conversation: generational wealth and knowledge, trying to budget as a freelancer, and Olive the Australian Labradoodle. As usual, this is when our lawyers tell me I need to remind you that nothing contained in this blog is investment advice or meant to suggest that Maxine’s strategy will work for you. Your financial situation is unique, like a lil snowflake! Always do your own research and, if you’re unsure, you can always reach out to an investment professional for help. —————— Megan: Hey Max, how’s it going? Thanks for chatting with me.

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: we all want to be millionaires. In this conversation, real talk about financial FOMO, balancing goals and debt on a tight budget, and looking to the future. —————— Megan: Hi Pauline! Thanks for chatting with me today. Can you tell us a bit about yourself, and how you’re connected to Mogo? Pauline: Hi! I’m Pauline, I’m a freelance copywriter. For Mogo, I write for our social channels and email newsletters. I also run marketing for an accelerator which supports science and tech startups. M: That’s very cool! How long have you been freelancing? P: Since 2018, I would say, so two and a half years. M: How did you wind up working as a contractor? P: I kind

Millionaire Mondays with Stacy Kim

Stacy’s relationship with debt has been a bummer at times, but she’s on track to pay down her student loan before she hits 30. Read about the budget that finally worked for her! 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: we all want to be millionaires. In this conversation: student loans (including some hard numbers), real talk about being financial dumb-dumbs, and the point of inflection that helped Stacy lock down her finances. —————— Megan: Hi Stacy. Identify yourself. Stacy: I hate this already! I’m Stacy, I am a social media and content specialist here at Mogo. I’ve been here for about six months. M: Did you know anything about finances before y— S: Absolutely not. M: Good. How would you have described your level of financial literacy before joining Mogo? I’m treating the beginning of your work with Mogo as an inflection point because I know you personally and I think it was a big cool event in your life. S: Yeah, for sure. I would say before joining Mogo and starting to learn about