The Mogo Blog

October Buys that will save you Fistfuls of Dough

Knowing when to buy things can save you a ton of money over your lifetime. Patience is rewarded when you buy things at the right time (especially on big purchases) and you won’t suffer buyer’s remorse. Waiting for the best time to make your purchases will get you what you want with change left over! New Cars With the New Year just around the corner, most prospective car owners want to hold off buying to get next year’s model. This means that you can get incredible savings on new cars from deal

The Three Best Canadian Money Blogs

It’s not easy managing money, and there’s a lot of conflicting information out there for people who don’t have a solid background in it. My wife calls it the WebMD problem: if you have a sore arm, and you look it up online, you might find out your sore arm is just a sore arm, and you might find out you’re having a heart attack. Maybe it’s neither, but the internet can lead you down some dark rabbit holes, my friend. Same with money advice. The good, the bad, the Nigerian princes—they’re all out

Let's talk about coupons

I grew up in a household where coupon collecting was not truly appreciated. Back then, coupons were thought to be for old ladies who were pinching their pension pennies, not for families with pretty solid middle-class leanings. But the recent explosion of cool couponing (your Groupons, your Living Socials, etc.) has really turned things around. So much so, in fact, that my mom—the biggest anti-coupon person I know—bought a Groupon vacation to Fiji. Fiji! And she was really excited about it, too.

Use Science (and these tips) to get a ton of happiness out of your spending

Coding Horrors’ Jeff Atwood neatly breaks down Maslow’s Hierarchy of needs, the happiness associated with earning more, and offers a full look at spending styles/tips/strategies [http://www.codinghorror.com/blog/2012/05/buying-happiness.html]. Buying Happiness a truly entertaining read and is awesomely captured in the following quote: > But even if you’re fortunate enough to have a good income, how you spend your money has a strong influence on how happy – or unhappy – it will make you. And, a

How to start a personal finance group

If you’re anything like me, the notion of attempting to get your personal finances in order is scary as scary can be. Like many young Canadians, I never learned about the nuances of finance in school (side note: shouldn’t we be teaching our kids this? I would like to see a personal finance class overtake those stupid CAPP career classes we were all subjected to in high school. I took about ten personality tests that all said, “writer/teacher/creative-type” when I could have used some lessons abo