Helping Canadians with Personal Finance Since 2006

Learn how to save money, build an investment portfolio, and become financially independent - from a middle-class Canadian who has actually done it!

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Canadian Expats Category

Insurance and Wills for Canadian Expats

By Kyle Prevost February 27, 2021

When I talked to several non-resident tax and investment specialists during my Covid quarantine-induced expat research frenzy, the topic that kept coming up…

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Interactive Brokers (IB) Review Canada 2021

By Jordan February 23, 2021

Comparing Interactive Brokers to Our #1 Discount Broker: Qtrade Is Interactive Brokers Safe and Secure? It’s Complicated Like other discount brokerages in the…

Canadian Discount Brokers

Canadian Online Discount Stock Brokerage Comparison 2021

By FT February 22, 2021

As we enter into a new decade of dividend and index investing, I thought it was time for an update to our Canadian…

spousal rrsp

Spousal RRSP, What is it? How does it work?

By Yang February 20, 2021

Marriage, in many ways, represents a union of two people as a single unit. But under the Canadian tax system, those two people…

Smith Manoeuvre

Mastering the Smith Manoeuvre and Turning Your Mortgage Into a Tax Deductible Investment Loan

By FT February 20, 2021

We’ve been writing about the Smith Manoeuvre here at Million Dollar Journey for over a decade now! Since I have personally implemented the…

best robo advisors

Best Canadian Robo Advisors 2021

By Hannah February 13, 2021

Before we dive into our Best Canadian Robo Advisor picks for 2021 let’s take a step back to decide if robo advisors are…

Dividend Kings List

Dividend Kings List – Companies with Annual Dividend Increases for Over 50 Years!

By FT February 13, 2021

A reader has prompted me to update this post for 2021 (originally posted in 2016). Investing in Dividend Kings (aka Dividend Aristocrats) may…

Student Bank Account

Best Student Bank Account in Canada

By Yang February 9, 2021

You’re rushing to your 8am lecture with a hastily toasted bagel dangling from your teeth. Your half combed mane flaps through the air…

Indexed Family Resp Portfolio Update

Indexed Family Education Fund (RESP) Portfolio Update – 2021 Edition

By FT February 7, 2021

Welcome to the annual Registered Education Saving Plan (RESP) update where I show transparency on our indexed investment strategy to help pay for…

About Us

Thanks for Stopping By...

If you’re new around here, I go by Frugal Trader and I started this site back in 2006 to set goals for myself and track my learning progress. Over the last fourteen years, I’ve publicly shared my path to financial freedom, from what discount brokerages and high interest savings accounts I use, to the unique ways I’ve found to save money.

The Million Dollar Journey team is proud to now include writers from all across Canada, representing a diverse array of backgrounds and unique points of view.

If you want to learn more about me and my team, check out our About Page. If you want to learn more about Canadian money stuff like RRSPs, TFSAs, and daily savings tips, start with our Financial Freedom 101 section. Finally, if you want to receive the free eBook I recently wrote about how to organize your Canadian life and portfolio for retirement at any age, just click here to get an instant download.

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Million Dollar Journey Chef's Recommended

Canadian Expats - Children - Estate Planning - General Finance - Insurance

Insurance and Wills for Canadian Expats

Kyle Prevost - February 27, 2021
General Finance - Index Investing - Investing - Product Reviews

Interactive Brokers (IB) Review Canada 2021

Investing

Canadian Online Discount Stock Brokerage Comparison 2021

"I've completed my million dollar journey...

Want some help with yours?”

Instantly download our free eBook on tips for how to organize your RRSP, TFSA, and other investments, in order to get the most out of your retirement at any age.

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Highest Rated Product Reviews

Community is everything.

Million Dollar Journey.com began back in 2006, and boasts nearly 50,000 comments. Benefit from their collective wisdom and read what our community has to say about Canadian finance in 2021.

We’ve got a ton of information here , and after helping thousands of Canadians get started over the years, I know the information overload can be a bit intimidating.

Every journey begins with just a small step! If you are unsure where to start, check out these index investing strategies or Canadian dividends guide, two of my most useful money making methods over the years. Or read my net worth updates to see  exactly what I did to reach the million dollar mark.

Be good with your money and thanks for being a part of the MDJ Community. Don’t forget to sign up below so that you’ll get our “Monday Morning Coffee” email that will fill you in on the writing we have done that week.

- FT and the Million Dollar Journey Crew