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Welcome to Million Dollar Journey! If you’re new here, you can learn about me and even follow my financial journey to becoming a millionaire by 35 through my net worth updates. Since hitting the Million Dollar milestone, I’ve been documenting my journey towards financial freedom that you can follow here. If you are just starting your own financial journey, you can start with Financial Freedom 101 located in the navigation bar above. Before you leave, check out my latest articles listed below and don’t forget to subscribe to my updates!

wealthbuildingtips

I was recently catching up with an old friend (we'll call him Gary) discussing life, family, our careers, and then inevitably.. money.  Perhaps it's because I think about money a lot, but if I have a conversation with someone long enough, it will almost always lead to finances in some way or another. Gary in particular has always… Read More

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karl net worth update aug 2016

Welcome to the Million Dollar Journey August 2016 Net Worth Update – Team MDJ edition. A select group of readers were selected to be part of Team MDJ which was conceived after my million dollar net worth milestone was achieved in June 2014. Karl the Real Estate Agent was selected as a team member and… Read More

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reader mail

Here is an email from an MDJ reader who has achieved financial success, but is asking for advice on what to do next. He is relatively young with a professional career, and has crossed the $1M in net worth. My current financial situation is similar to yours, albeit I'm a little older at 42. I… Read More

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MDJsavemoneyvacations

Since having children, our family has put travel and vacationing on the priority list.  Although travel is important to us, we consider it a luxury that we save for after taking care of other financial priorities like maxing out our RESPs, TFSAs and RRSPs. As a result, there have been a couple of years where we have skipped a more… Read More

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The Smith Manoeuvre questions keep coming in. For those of you new to the Smith Manoeuvre, it's essentially a leveraged investing strategy where you obtain the capital by borrowing against your house. You can read all about it here. Sounds risky? I'm not going to sugar coat it, the strategy is certainly risky. Borrowing to… Read More

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Dividend growth investing may not be for everyone, but I am a fan.  I like the idea of receiving tax efficient payments from long established companies with an established track record of annually increasing their payments to shareholders.  While I also believe in the merits of passive index investing, I also enjoy the active nature… Read More

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Welcome to the Million Dollar Journey February 2016 Net Worth Update – Team MDJ edition. A select group of readers were selected to be part of Team MDJ which was conceived after the million dollar net worth milestone was achieved in June 2014. Nobleea – the Oil and Gas Engineer, was selected as a team… Read More

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The last freebie was receiving $50 by signing up for a no annual fee PC Financial World Elite Card (3% cash back towards Loblaws purchases). This time around is $100 cash to sign up for the 2% cash back MBNA World Elite MasterCard (straight up 2% cash back, no tiers), which I consider one of the best… Read More

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