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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. If you are just starting your financial journey, I recommend that you start with Financial Freedom 101 located in the navigation bar above. Otherwise, check out my latest articles listed below.

Insurance for Small Businesses

Being a successful entrepreneur involves access to sufficient capital and business acumen among other necessities. Another important area that requires attention, contingent on the type of business, is insurance to protect business assets from potential risks. This article will look at the types of insurance available to a small business owner, which might be worth… Read More

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BMO InvestorLine Review

Discount brokerages are a popular topic on this blog especially where I have compared the major online brokers against each other. The truth is that I have a number of discount brokerage accounts, Questrade, CIBC Investors Edge, Scotia iTrade and Interactive Brokers.  Not to forget a TD Mutual funds account for our family RESPs. I am looking to simplify… Read More

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It has been a little over a year since reaching the million dollar net worth milestone and a number of you have emailed me requesting an update on what I've been doing since, how it feels to be a millionaire, and mostly, how my new financial goals are progressing. Back when I was in my teens (or… Read More

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People who do not save or save very little are often stumped when they hear about how certain people on their way to financial independence save >50% of their take-home income. Canadian Dream explained about the driving force at Lack of Value. A TFSA is a great way to save for retirement as the income… Read More

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Net Worth Update August 2015 – Sean Cooper (+6.3%)

Welcome to the Million Dollar Journey August 2015 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. Sean Cooper was selected as a team member and will post net… Read More

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Understanding Universal Life Insurance

As a society, financial independence is what we’re all striving for, particularly in this unstable economy. The best way to achieve it is to take things into your own hands; and make thoughtful investment decisions. Insurance can be an investment vehicle where you can have the best of both worlds.  It's a way to build… Read More

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Welcome to the Million Dollar Journey December 2014 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. Karl the Real Estate Agent was selected as a team member and will… Read More

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Top Premium Cash Back Credit Cards in Canada

To follow up on my list of free cash back credit cards in Canada, I've had a number of readers come to me about the "fee" based cards that can offer more cash back, even after accounting for the annual fee. My favorite free cash back credit card right now is the MBNA Smart Cash… Read More

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