The Mogo Blog

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

Spenders and Savers: When Money Opposites Attract

You’ve heard it before in love, but it’s true in money as well: opposites attract. In a recent study done by Capital One Canada and Credit Canada 86% of couples disagree about money and almost 50% say they have extremely different financial philosophies! While it’s not surprising to hear that money issues produce fights, it is interesting that nearly half of partnerships think so differently about money. In the examples given by the study, it seemed that ‘savers’ often pair up with ‘spenders’.

Thanksgiving Travel Tips

October is here and that means Thanksgiving is just around the corner. As sure as the leaves are turning and our country is getting closer to winter (first frost!? Are you kidding?), we’ll soon be heading back to family dinners and too many mashed potatoes. We already told you how to save some cash on holiday cooking for Thanksgiving, now it’s time to dial in the other half of Thanks-savings: travel. Seeing your family and friends in other cities is important during the holidays, but travel ca

Watching Sports & Saving Money: Easy

It’s Sunday, the NFL schedule is packed, MLB is getting close to the playoffs and the NHL and NBA seasons are just around the corner. As a sports fan, this is one of my favorite times of the year. There are numerous excuses to sit down and take in multiple games each week – just ask my fiancé. But just because there are reasons to watch games, doesn’t mean there are reasons to blow your paycheque. Catching games is one of the cheapest ways I can get together with a lot of friends at a set time.