How to Discuss Your Finances With Your Significant Other

Learning how to manage your own finances is a great way to learn more about yourself as an individual. While there is a myriad of money management tools and resources, once you find something that sticks, managing your own finances can actually feel quite empowering. But what happens when your significant other comes into the picture? When you reach a …

The Cost of “Keeping Up With the Joneses”

“Keeping up with the Joneses” — a seemingly innocent, yet satirical catchphrase derived from the title of an American comic strip in 1913 reflected our need to impress others through material goods or superficial success. Yet even though over 100 years have passed, the idea of “keeping up with the Joneses” is still very prevalent with the rise of social …

How to Ask for (Financial) Help

Asking for financial assistance from anyone, let alone from friends or family, is never an easy task—especially when a little something called pride gets in the way of asking for help. Pride is that inner voice that tells us “you can deal with this yourself”. It’s fuelled by the fear of judgement, sense of defeat, or weakness, but by letting …

PowerUp with Koho🔋

We’ve received a lot of requests for rewards right from the get go, and we heard you. We’ve put a lot of time into building this because we think it’s important to provide rewards that are valuable to you. We also wanted to build a rewards program that aligned with our brand and mission to empower Canadians to spend smarter …

The Difference Between Broke Versus Poor

“I’m so broke/poor”. Many of us, especially in our college years or in our 20s, have been guilty of jokingly saying this — especially when money was tight. In social situations, it can be easy to say you’re either “broke” or “poor” and use these terms interchangeably, but it is important to understand the difference between these terms to avoid …

How to Start an Emergency Fund 😷

Saving up for the future can be quite daunting for many of us who are on the road to repaying our debts. According to a new survey by the Canadian Payroll Association, “nearly half of workers are living paycheque to paycheque due to soaring spending and debt levels” (Globe and Mail, 2017). The reality is, that it has become far …

Understanding Your Expenses with Koho Insights 💸

Here at Koho, it is our sincere mission to help more Canadians take control of their personal finances. Whether you’re looking to rebuild your credit score or save up for an upcoming goal, we wanted to make it easy for you to know exactly where your money is going. Unlike a traditional credit card where you see your specific transactions …

Koho Raises $8 Million From Portag3 Ventures

Since day one, our mission at Koho was to help Canadians take control of their personal finances and bring more transparency to the Canadian financial sector. Though the journey hasn’t been always been easy, it’s through the support of people who believe in our company and our team who make it all worth it. Last week, we were thrilled to …

How to Rebuild Your Credit Score with Koho 🚧

One of the most common questions we get from prospective members here at Koho (other than “What is Koho?”), is whether opening a Koho account will affect their credit score or not. For starters, no, opening a Koho account will not affect your credit score. However, as a financial services company, we are required to verify your identity and confirm …

Introducing Koho’s Chip & PIN Cards! 🎉

Since launching across Canada in March, we’ve received an overwhelming request from our Koho community for chip cards. Well friends, the wait is finally over… we’re excited to announce that we’ve just shipped the first batch of our brand new Koho Chip and PIN cards today! To all our existing members, keep an eye out for an email from us …