The Mogo Blog

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 can be a fine place to acquire them. Just don’t fall into the trap! What trap you ask? The trap of paying for, and carting things home that will only take up space and never be used. Or enjoyed. Things that you throw out later, and wonder why you ever spent money on them in the first place.  Things that get stacked in your basement, or your garage and become a home for spiders and stray animals. Would you miss these things, if they were gone from your life? If you’ve been to a yard sale in

Saving Money In The City: Why It's Not As Expensive As You Think

Sometimes it seems like living in the city is costly. In some cases it can be; property is usually more expensive, car dealerships charge a little more inside the city limits not to mention the gas stations! Added to all this you feel more pressure to keep the same standard of living your neighbors do, because you live closer to them. Then there’re the choices… instead of having one or two options for dining out you have hundreds, or even thousands – enough really to eat out every night. Plenty of ways to go over-budget, eh? It doesn’t have to be that way though. The amount of variety available in the city works in your favor too. For every top-shelf choice there are many, many frugal choices that you can make. Let’s take a look at two of them: Free events  – You don’t find much of this outside the city limits (or at least not always the productive kind that you can take your family to.)  Cities offer festivals, concerts, and educational opportunities – all for free. Grab your local paper and see what’s scheduled for this month. I guarantee you will be surprised. The ability to

Buy In Bulk and Save Big Bucks

Frugal shoppers have long been wise to the secret of buying in bulk. If it’s something you truly use a lot of, you can save a ton of money each year. I ran across a wonderful bulk foods site today. Ironically, it’s www.bulkfoods.com. At Bulk Foods they offer a huge variety of products; Nuts, grains, beans, dried fruits, dried vegetables, powders, salts, yeast, spices, even organic selections. You have some variety in the prices too. You can purchase anywhere from a single pound to up to thirty pounds of their individual items. For those with a sweet tooth, Bulk Foods is going to work even better. Many of us like to make candy over the holidays and that is sadly getting more and more expensive every year. Bulk Foods carries pre-made candies in the form of mints, jellies, sours, gummies, suckers, rock candy, low carb candies, and even sugar free chocolates. If you’d rather make your own candies then don’t miss their sale on Mercken’s chocolate. This is some of the finest chocolate in the entire world, and it’s as low as $4 a pound at Bulk Foods. Since everything at Bulk

Back To School Clothes: 6 Tips To Save A Bundle

I don’t know about you, but I really dread all of the back-to-school expenses. Clothes in particular can be very expensive. Here are six tips that will help you save money when it’s time to go back-to-school shopping for your children’s clothes. 1)     Trade with friends – If you have friends whose children have outgrown last year’s school clothes, try to trade with them. You may not be able to trade clothes for clothes (if you don’t have the sizes they need) but you can offer to trade services for clothes – an hour of house cleaning, or a few hours of babysitting ought to do the trick. Most people are happy to pass on clothes that their children can no longer use – since kids grow so quickly they know it’s money down the drain anyway. 2)     Sign up for sales – if you kids wear uniforms, make sure that you are on the mailing list for your school’s uniform suppliers. When they run a sale you can take advantage of it. If your kids don’t wear uniforms sign up with your favorite retail stores so that you can take advantage of the special discounts

6 Quick Tips To Save Money On School Supplies

School supplies are expensive – even when you buy them on sale. It all adds up so quickly, notebooks, pens, calculators, computers, the books themselves (for college ages). Here are five quick tips that show you how to save money on school supplies. 1)     Shop Online – Those expensive graphing calculators shouldn’t terrify you. A quick visit to Amazon.ca and you can find both new and used graphing calculators for a fraction of the in-store cost. 2)     Buy in bulk – If you know you are going to need 5 – 10 notebooks, but one bulk pack rather than the individual decorative ones. The same goes for pens, markers, crayons and highlighters. These types of things also make excellent holiday gifts for teachers, so if you purchase more than your child can use save them up and give them as appreciation gifts. 3)     Shop with a friend – Grab a friend and shop together to realize huge savings. You can combine this with buying in bulk, split the cost and you will both come out ahead. 4)     Recycle old supplies – It’s not easy to talk our little ones into using last year’s supplies but it does make good financial sense. Rip