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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!

Back in 2008, I wrote my initial post about our monthly expenses.  It’s always interesting going back in time to see what the circumstances were.  Back then, the update was compiled just before we had our first child, and we had a mortgage on our principal residence (a new build).  Our annual recurring outlay was around $50k… Read More


In the Summer of 2017, the Canadian government dropped a tax bomb on Canadian small business owners with changes to how they are able to split their income.  While they had some vague guidelines, they did not have concrete rules to wrap our heads around.  All we had was speculation.  However, they have recently provided… Read More


This post was originally written in 2016, but with new free products (see Borrowell below), and a friend asking about how to obtain credit scores, I thought there was value in updating this post. Credit cards and mortgages are a hot topic in the personal finance world.  Since both are essentially loans, credit issuers and… Read More


Effective March 15, 2018 the Amazon Visa will be no longer.  The Amazon Visa was a popular credit card in Canada for foreign exchange purchases, and card I exclusively used for spending outside of Canda.  Most credit cards charge a 2.5% surcharge on top of the foreign exchange rate when purchasing outside your domestic currency… Read More


It has been about a year since my last RESP portfolio update which is probably an appropriate time span since it’s a fairly steady portfolio that is 100% indexed. The RESP portfolios for our children are set up with TD e-Series mutual funds which provide a low-cost way to index the market (some other ways to index your portfolio). … Read More


Welcome to the Million Dollar Journey January 2018 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. SmilingSaver was selected as a team member and will post net worth… Read More

financial checklist to start the year

This is a checklist that I update and follow at the beginning of every year. Similar to the end of the year tax tips, there are certain financial to-do items to start off the year on a strong note.  Here is the checklist that I use at the beginning of the year. For 2018, TFSA's get… Read More


Wait! What? Where did 2017 go? It must be an age thing, but it feels like as I get older, time goes by faster. I started this blog in December 2006 as a 26-year-old youngster. At the time, just married with no kids and a newish mortgage. Blink and now it's December 2017, MDJ is… Read More