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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Most Recent Articles
The Biggest Risk of Early Retirement (FIRE) – Sequence of Returns!
The dream of Financial Independence, Retire Early (FIRE) is everywhere these days (it wasn’t so common when I started my journey almost two decades ago).…
Best Canadian Robo Advisors 2025
As we look ahead to the warmer days of summer, Canada’s best robo advisors are already heating things up with some excellent offers for hands-off…
Best Canadian Finance Podcasts
The best personal finance podcasts in Canada don’t insult your intelligence or try to sell you something. They aren’t created by self-appointed “fin-fluencers” trying to…
Best Canadian Online Brokers – May 2025
As we look ahead to summer and the second half of 2025, it’s time for an updated look at the Best Online Brokerages in Canada.…
Questrade Review 2025
Is Questrade Safe & Secure? One of the most common questions that I have gotten in the comments below is: Is investing my money through…
Qtrade Review 2025 – Canada’s Best Broker
Current Qtrade New Customer Promotion Qtrade currently has the best cash-back offer on the market in an effort to get you to try their platform. …
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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, simply sign up below.
"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.
Highest Rated Product Reviews
Qtrade Review 2025 – Canada’s Best Broker
Current Qtrade New Customer Promotion Qtrade currently has the best cash-back offer…
Questrade Review 2025
Is Questrade Safe & Secure? One of the most common questions that…
Wealthsimple Review 2025
What is Wealthsimple? Wealthsimple was founded back in 2014 by Michael Katchen,…
EQ Bank Review 2025
EQ Bank Account Options and Interest Rates Account Type Interest Rate Best…
Dividend Stocks Rock Review 2025
Investing on your own is not an easy task. From mutual funds…
Neo Financial Mastercard Review 2025
The new Neo Financial Mastercard or “Neo MastercardTM” is the next big…
Justwealth Review 2025
Why Justwealth? As I’ve updated my Justwealth review over the years, they…
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 2025.
Ok, but doesn’t everything past your second sentence apply to a non-readvanceable mortgage as well if there is space on…
June 10, 2025 on post Ultimate Smith Manoeuvre Guide For CanadiansHey Kyle, As always great post. I recently have been listening to some, not all mind you, of a pod…
June 9, 2025 on post Best Canadian Finance PodcastsHey Kevin, using the existing equity in your home is a great way to get started (HELOC) but it is…
June 8, 2025 on post Ultimate Smith Manoeuvre Guide For CanadiansAs of 2021, the RDSP does not have to close when a beneficiary loses the DTC: https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4460/registered-disability-savings-plan.html#P44_1121
May 31, 2025 on post How Do RDSPs Work in Canada?For BC residents, this organization offers from time to time (depending on funding) a free one-time $150 grant to RDSP…
May 31, 2025 on post How Do RDSPs Work in Canada?Are you sure about this? Finally, note that maintaining eligibility is crucial. If the beneficiary loses DTC eligibility at any…
May 31, 2025 on post How Do RDSPs Work in Canada?What are the commissions paid when purchasing fractional shares?
May 19, 2025 on post Buying Fractional Shares in CanadaBack in the 90’s I used to invest with a major Canadian mutual fund company. Once our sales representative was…
May 12, 2025 on post The Best Mutual Funds in Canada (and why you should avoid them)
Final notes for your journey
Get free instant access to our #1 article each week!
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
Ashley Goddyn
You are correct, but the key factor is that you hit a ceiling in plateau cause you run out of…
June 10, 2025 on post Ultimate Smith Manoeuvre Guide For Canadians