The Mogo Blog

“…is the biggest waste of money!” Complete The Line & Win an iPod Shuffle!

Check out our latest Twitter contest to win an Apple iPod Shuffle! Just follow these 3 easy steps: 1. Follow Mogo on Twitter: http://twitter.com/mogomoney 2. Copy and paste this text into your Twitter status box: “…is the biggest waste of #money! Follow @mogomoney” Complete the line to #win an #iPod Shuffle! http://bit.ly/hiLUN9* 3. Complete the line and hit TWEET! Tweet away and good luck! Open to Canadian residents only. Contest closes April 30, 2011 @ 11:59pm EST. The winner will be randomly selected and notified by private Twitter message. 1 entry per original tweet. The lucky winner is @dewinner. Thank you to everyone to who tweeted and followed us. Way to go for sharing some great savings ideas!

Boxing Day Blowouts – Keep Your Wallet in Check

December is the season to give gifts and share time with your loved ones, but lets be honest – after Christmas there are a ton of deals to be had and you can get what you really wanted. Boxing Day sales have become a highlight of the shopping calendar – and it’s your job to make sure that while you’re out there getting deals, you’re not actually setting yourself back more than you wanted to. Set the Budget Did you get a department store gift card, a bit of cash from your aunt, or some store credit from returning that nice sweater from Grandma? Before you hit the insanity of Boxing Day sales, know how much you want to shell out for your own personal gifts. Sure, there are things we’d all like to pick ourselves up, but if it doesn’t fall within the budget you shouldn’t really get it. We’ve said it before – but if it’s not a sale on something you’d actually need/want you aren’t really saving money. You’re just spending it. Do Your Research If you’re after a TV, gaming system, clothes or anything, be sure

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 we’re ready for the deals now. Retailers will be rolling out their best sales for what’s traditionally one of the biggest shopping days of the year. Are They Deals You Want? Are you going to get in on the action and start your shopping? Be sure you listen to our previous thoughts on coupons and how that relates to sales. Remember, a sale is only a good deal if you are going to save money on something you’d want anyways. Make Your List, Check it Twice Like anything with cash, some pre-planning helps. Know your budget and gift list before hitting the mall or net. Don’

Halloween Ideas That Are Cheap & Fun

October 31st doesn’t have to be the scariest time of year for your wallet. Getting into the Halloween spirit can be as cheap as it is fun. That means more money for tricks, treats and Halloween parties – instead of wasted cash on an outfit you’re going to only wear once. Without being lame, there are some great ways to save around this spooky season and get into the SMART SPENDING mode that we love at the Mogo Blog. We already took a look at what you can do to be cash-savvy with your kids’ costumes, but we know you want to get into the Halloween action as well. Here are some holiday hints that are fun and won’t derail your savings plan. Costumes *Go Retro *– just because you’ve worn a costume once doesn’t mean you can’t haul it out of the closet a few years down the road (it’s not a wedding dress, after all). Get more miles out of something you’ve put time/cash/creativity into. This especially works if you’re going to multiple Halloween parties. Trade it Up – After pillaging your own closet for Halloween costume ideas, check your

Get Ready For Winter To Save Some Cash

We’re desperately holding onto the last few sunny days of the season, before winter creeps in and reminds us why we’ve got so many toques in Canada. Since we’re not living in a tropical country, and the warmest part of it gets more moisture than a 6 Flags waterpark, it’s time to get ready for the season. Get smart about saving for winter and avoid spending more than you have to. Here Comes Winter! I was reading this article online, saying that the la Nina weather pattern is coming to during the winter months – and it’s really going to drink our milkshake. Get ready for ‘colder ocean surface temperatures’ that will produce cooler air, more snow and more inclement weather (think two years ago). Winter Savings Tips •       Get your outerwear now, before the cold season starts. Get on the last of the winter sales for stuff you’ll need to buy anyways •       Make sure your house is ‘winter-ready’.  Be sure your doors and windows have tight seals. If you rent, get your landlord to check this out. This will save on heating bills and make for more comfortable living. •       Invest in a pair of winter