The Mogo Blog

What is Good to Buy in Bulk?

As a smart spender and saver, you know all about making smart purchases when you head to the grocery store or warehouse chain. In theory, it’s a great idea. Spend a little to get a lot. What could go wrong with that? Well, if you don’t exercise some control you could spend a lot and not come home with much. Know What you Need When you’re about to shop in bulk, you’ve gotta know what you’re getting into. This isn’t a quick trip to the corner store, this is a potential mass purchase. Make a list

So You’re Out of Debt, Now What?

First off, congratulations. Many of us spend a long time working on getting out of debt, and when that day finally comes, are not sure what to do with ourselves and our cash! Sure, it’s a good problem to have, but it’s still worth planning for and thinking about ahead of time. As a debt-survivor, you’re going to look at your bills, accounts and notice a lot of $0 balances. It’s time to celebrate this, but beware of getting back into debt. Don’t celebrate with purchases you can’t afford! Just be

Save $100 in 10 Minutes: Go on a Savings Bender

When’s the last time you read a personal finance blog that told you to go nuts with your money? Buckle up, because I’m just about to… but not in the way that you’re hoping for. This concept was introduced to me by a friend of mine that likes to live it up on weekends. He takes trips, eats out constantly and generally appears to be loose with his cash. I asked him about it, and he told me that his finances go in two different extremes: He’s either very loose or very tight, and plans them both ac

Save $100 in 10 Minutes: New Paycheque Strategies That are Quick and Easy

I know when payday comes, the last thing you want to think about is budgeting, but here are some easy techniques that will help stretch your cash when it hits your account. Getting into these small habits will take about 10 minutes/month and wind up saving you well over the recommended $100. 5-10% Into Savings This isn’t exciting, but you’ll thank me later. If you’re able to sock away this much of your cash on each paycheque, it will make a major difference on your bottom line. As we discusse