Million Dollar Journey

Questrade Democratic Pricing - 1 cent per share, $4.95 min / $9.95 max

Building Wealth through Saving and Investing

Welcome to Million Dollar Journey! If you're new here, you can learn about me, read our user guide, and even follow my net worth updates. A great place to start reading is with the popular articles located in the right side bar. If you would like to join thousands of others and keep up with the free daily updates, you can subscribe to the RSS feed via reader or E-mail.

On your way out, make sure to check out the exclusive Million Dollar Journey Freebies and Deals.

Contest Winner for a Free Book “Spend Smarter, Save Bigger”

Congratulations to BOOTSIE for winning the 1st contest held by Bootsie will receive a copy of the book “Spend Smarter, Save Bigger“.

If you’re interested in purchasing the book, you can go to the Spend Smarter site directly, go to Chapters in store, or Chapters online. The cost is around $20 + taxes and worth every penny.

Here are some opinions on the book from:

To qualify for the contest, readers were asked to name their favorite personal finance books. Listed below are the predominate favorites, all of which are great reads:

  • The Wealthy Barber
  • Stop Working: Here’s How You Can!
  • The Automatic Millionaire
  • Why Swim with the Sharks
  • Personal Finance for Dummies for Canadians
  • Spend Smarter, Save Bigger

Have a good weekend!

4 Comments, Comment or Ping

  1. 1. Jon Lee

    I already have the book Personal Finance for Canadians for Dummies. Would you recommend this book in addition to it? I recently received a $20 chapters gift card and I’m wondering what I should do with it :D

  2. Since when was this contest going on!? Must have joined the community after this one launched, look forward to the next one Frugal!

  3. 3. Bootsie

    Yay! I was the lucky winner! :) I just wanted to thank you again Frugal. The book was in the mail when I returned from a short vacation and the timing was perfect because I got sick and got to spend the day in bed reading Ms. Bai’s book!

    I wanted to make a couple comments on the book:
    1) great insurance infomation, both home and vehicle. We had recently made some of the recommended changes to our policy and they have been great money savers.
    2) I actually really enjoyed the safe driving bit – and I know a few people that could use the hints! ;)
    3) I also really liked the ‘true stories’ bit. It reminded me of “Your Money or Your Life” which I also HIGHLY recommend.

    There are a couple areas where I don’t necessarily agree with Ms. Bai and I think it might have to do with the fact that I don’t live in the Toronto area so I might have a different view on things. Most of this has to do with housing and the notion that buying a home is always a good investment and that buying is always better than renting if you can afford the down payment.

    This topic was discussed pretty heavily at the FWF:

    Based on my own personal experience (in a declining market, which is quite rare in Canada but a real eye opener for those in potential ‘bubble’ regions) and after having read through each of these posts, I don’t think “buying is always better than renting” is necessarily true. In fact, I’d be inclined to say that the opposite may be more true in many cases…assuming you invest the savings.

    Lastly, wrt to vehicles – keep in mind that things do change in the automotive industry. Once upon a time it was known that the NA OEMs suffered wrt reliability but this is no longer true. In fact, NA models outperform European vehicles in the area of reliability. A friend of mine bought a VW because it “retains it’s value”. As far as I’m concerned, I could care less about the vehicles resale value – I’m going to drive it to the ground! My 1999 Ford Escort is coming up on 200k clicks and I haven’t had any major problems to date. I’d be willing to forego the extra $6-8k to buy a used North American model rather than a foreign model, especially since repairs are generally cheaper on the NA model.

    Anyway, these are just minor things I wanted to point out as I see them and maybe points to discuss. :) Sorry for the long post.

    Altogether I really liked the book – a good, quick read and potentially very informative for those starting out in their path to financial independence! Good job Margot and thanks again Frugal!

  4. Bootsie: I’m glad that you enjoyed the book, thanks for the detailed commentary on your thoughts of the book.


Reply to “Contest Winner for a Free Book “Spend Smarter, Save Bigger””

Subscribe without commenting

Get the Latest

    Join 25,000+ Subscribers via:


Money Tips Newsletter

Premium Sponsors

Recent Comments

  • Nikolai: @Justin, I have moved two TFSAs and one RRSP so far to IB. The only technical issue I had (not really...
  • FrugalTrader: @Evelyn, if you’ve already started a portfolio with vanguard products, then I probably...
  • Justin: @ Nikolai I know you were contemplating earlier in the thread – have you opened an RRSP with IB? Any...
  • Ed Rempel: Hi Sam, There should be no problem with tax deductibility for you. Essentially any mutual fund should be...
  • Sam: Hi, I would like to borrow money to buy Canadian Mutual funds in a non-registered account and would like to know...
  • Evelyn: I am considering to switch VXC and VSB into XAW and XQB to save MER for 0.03%. Please advise whether the new...
  • Ed: @cn I have used questrade for 4 years and have nothing but good things to say. I wold definitely reccomend them.
  • Adam @ What I like about this is how simple it is. You’re not doing anything the average family...
  • ken lee: I forgot buy RRSP deadline 2014 ,what i can do ?
  • A Frugal Family's Journey: Wow…it like deja vu! You family sound a lot like ours. We are also a family of 4...