The Mogo Blog

In the News: Mogo Founder and CEO on Huffington Post Canada

With a record $28 billion in profit last year alone, big banks are continuing to profit while the average Canadian suffers the burden. We think there’s a better way and are working hard to bring you products that are alternatives to traditional banking. But we can’t disrupt this massive and entrenched industry on our own. We need startups attacking the problem from all angles. Our CEO David Feller is featured over on Huffington Post Canada today talking about the huge opportunity we have to cha

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