The Mogo Blog

How Great Sales Can Derail Your Money Plans

Aimless shopping is brutal on your wallet. You know what it’s like: “Oh, I’ll just stop off at the mall to poke around; I’ll see if anything catches my eye.” This is a terrible idea if you’re trying to stick to a smart financial plan. Trips to stores like that usually result in impulse purchases that will bloat up your credit card bill and take cash away from purchases that you need. How does this happen? More often than not, sales. We’ve seen it before with coupons [http://bog.mogo.ca/?p=1075

Save Money By Hiding It In Your House… Sort of

A few weeks back, we talked about Saving Money By Hiding it in Front of Your Fa [http://bog.mogo.ca/?p=1101] ce [http://bog.mogo.ca/?p=1101] and a lot of you thought the concept worked, but I know it’s not for everybody. That’s why I wanted to show you a similar savings idea, using an opposite technique. While the first example used cash, this technique involves your credit cards. If you want to escape the cycle of credit card debt, sometimes you will need to use unorthodox methods to break yo

The Yard Sale Trap

Is there anything more seductive than a yard sale? Ok, don’t answer that. Seriously though, it’s hard to resist the allure of a yard sale! Neatly stacked rows of treasures, just waiting for you to explore, discover and get a serious discount on some hidden item you didn’t even know you needed. That’s exactly the thing though isn’t it? You didn’t know you needed it….which means that you probably don’t need it! I’ll be the first to say that if you know you have a real need for an item, yard sales