The Mogo Blog

How Spending $17.95 Can Save You Over $300,000

I’ve got an upcoming trip down to the US next week and I will definitely be spending a little now to save on a potential mountain of debt later. I’m talking about travel insurance. If you don’t get it, you’re begging for trouble. It’s the kind of expense that you hope is wasted – ie: never even used or remembered on the trip. Think of it like buying an umbrella – and it’ll keep your savings and future dry. The difference between health care in Canada and the States is massive – and I’m sure y

Kids Halloween Costumes That Won’t Break The Bank

Halloween is closer than you think, so it’s time to start thinking about your kid’s costume. A little bit of work now will save on stress, cash and sleep when October 30th runs around and you realize junior needs to be a spaceman like Tommy from down the road! Don’t smash your financial pumpkin and sanity! Act this week to save cash and build the holiday hype. Start Early ****Your kid is going to want to do everything early around Halloween. What do you mean we can’t start trick or treating a

Winter Car Care Savings Tips

As we wrote yesterday, winter is coming [http://bog.mogo.ca/?p=1357] and it might be even fiercer than we’re used to. Canadian winters are notoriously tough on cars, so go the extra mile to make sure you can drive the extra miles. If you’re a smart spender, your car is an investment and an important part of how you live your life, get to work and have fun. Work on making small expenses a regular part of car-maintenance rather than being stuck with car-emergencies when winter hits. These follow

Spend a Little, Save a Lot: Parking

If you own a car, you can set aside $5 to save $50. Even $1… that’s only ten dimes. That’s it. I didn’t do this, and now I’m kicking myself. It can happen to all of us. I live in Vancouver, and had to drive down town last week. I had to run around to knock a few errands off my list. I (perfectly!) parallel parked my car and went to run into the coffee shop where I was meeting a friend. It was relatively quiet street, and I didn’t have any change in my pocket (only a $5 bill), so I opted to ‘s

How To Survive The Windfall: What To Do With Found Money

At the Mogo Stop The Pain of Overspending Blog, we like to help you with your cash problems – and for the first time, this is a problem that we hope you run into all the time. def: Windfall – a piece of unexpected good fortune, typically one that involves a sum of money ** Like anything around here, a little bit of planning goes a long way. For me, the toughest part of being financially sound is the unexpected hits. But in some ways, the unexpected credits can be just as important to being sa