The Mogo Blog

Save $100 in 10 Minutes: Set Up Your 1st Automatic Savings Account

Want to save yourself $100 in 10 minutes? Sounds great, right? With this technique, literally 10 minutes of effort could save you $1200 over the year. With online banking, automating your cash is easy and effective. Almost every major online banking site in Canada offers you automatic cash transfers that you can set and forget. You can also check out ING Direct [http://www.ingdirect.ca/en/]! How to Do it • Decide how much you want to save per month (let’s say $100). • Identify when you get pa

Smart Spending Resolutions 2011

The New Year is here and it’s time to make 2011 your smartest year of spending yet. You’re reading a personal finance blog, so I’m pretty sure you want to improve where you’re at with money or learn some tips to fine-tune what you’re doing. With a little bit of planning and (totally minimal) effort, you can make 2011 your smartest and most successful financial year ever. Think of it like this: if you’re not doing anything to save or think about your cash, small efforts will mean big an improve

Top 3 Smart Spending Articles From 2010

We posted 100+ original smart spending articles on our blog in 2010. We understand that personal finance isn’t the most exciting thing around and you’re busy so we always tried to keep it simple, quick and fun! Here are the 3 most read smart spending articles from this year: 1.Winter Car Care Savings Tips [http://bog.mogo.ca/?p=1353] 2.Three Expenses You Will Never Miss! [http://bog.mogo.ca/?p=1042] 3.How I Saved Over $220 On My Cable/Internet Bill [http://bog.mogo.ca/?p=1097] Click here [h

Dealing with the January Crunch – What to do with Seasonal Debt

Whew. We made it! December can be one of the most enjoyable – but stressful – times of the year. There’s travel, expenses, parties and family time.  Now that December’s here, it is time for the holiday hangover.  And like most of us, you might have let the credit card run wild or over-extended yourself financially. Setting the tone with a money-smart January is a great way to get back in financial shape for the new year. Assess the Situation I know you might be avoiding it, but it’s time to c

Black Friday – Are the Savings Legit?

We all know that the Christmas shopping season is just around the corner – and if you’ve been smart with our cash and time, you might have already started saving and buying. If you are like most people – and I bet you are – Black Friday marks the beginning of the shopping madness as we scramble to get gifts. As you know, Black Friday is the ‘start of the Christmas shopping season’ and falls on the Friday after American Thanksgiving. Up in Canada, we may have had Thanksgiving a month ago, but w