Welcome to the Million Dollar Journey.

If you’re new here, you can learn about me, and follow step-by-step along the path I took to become a millionaire by age 35. Over the last 14 years, I’ve written extensively about Canadian dividends and the index investing strategies that I’ve used, in addition to some everyday money-saving tricks. Please check out my FREE eBook: Can I Retire Yet? and join 30,000+ Canadians on your own personal Million Dollar Journey.

I've completed my Million Dollar Journey.
Let me guide you through yours.

 

saving,frugal living,

Best Free Canadian Chequing Bank Account for 2020

By FT | September 20, 2020 |
Best Free Canadian Chequing Bank Account For 2020

When considering your contenders for best free Canadian chequing bank account in 2020, there are three things you need you understand right off the bat. 1) The big Canadian banks (RBC, TD, Scotiabank, CIBC, and BMO) are not your friend. 2) You should NOT be comparing these accounts based on their interest rates. 3) Chequing…

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Best Canadian High Interest Savings Accounts 2020

By FT | September 20, 2020 |
Best High Interest Savings Accounts 2020

I’ve been writing about Canada’s best high interest savings accounts since I first started this blog back in 2007!  Somewhat embarrassingly, I actually had a large portion of my savings sitting in cash at the time, so high interest accounts were my “investment” of choice. These days I prefer investment strategies such as Dividend Investing or…

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PC Money Account Review – Loblaws Resurrects a New PC Financial No Fee Account

By Kyle Prevost | September 15, 2020 |
PC Money Account Review

Note: We’ll be updating our PC Money Account Review as the details get fleshed out and the introduction promo offer codes get created. For many years, the options for  no-fee chequing accounts in Canada were limited to two competitors: PC Financial and ING/Tangerine.  When Loblaws decided they didn’t want to worry about daily banking accounts…

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CI Direct Investing Review 2020 (Formerly WealthBar) – The Robo Advisor for Canadian Expats

By Kyle Prevost | September 13, 2020 |
CI Direct Investing Review

With CI Financial recently purchasing WealthBar and rebranding to CI Direct Investing, we thought it was the perfect time to write an updated CI Direct Investing review for 2020. What is CI Direct Investing and Is It a Robo Advisor?  CI Direct Investing is a combination of an automated investing platform and a personal financial…

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The Pros and Cons of the New Aeroplan

By FT | September 6, 2020 |
The Pros and Cons of the New Aeroplan

The new Aeroplan was just announced and there were a lot of changes. This wasn’t a minor refresh, it’s a complete redesign that will benefit most people, but there’s no denying that some travellers will be disappointed. To give you some context, Air Canada was going to cut ties with Aeroplan (owned by Aimia at…

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All-in-One ETFs Battle: Vanguard vs iShares vs BMO

By FT | September 5, 2020 |
saving,frugal living,

All-in-One ETFs Battle: Vanguard vs iShares vs BMO Written by FT (Updated in December, 2019 by Kyle Prevost) Vanguard was the first company to jump into Canadian all-in-one ETFs back in 2018.  It should come as no surprise that that the historical leader in low-cost investments was the first to roll out this superstar product. …

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Financial Freedom Update (Q3) 2020 – New Market High Edition ($61,050 in Dividend Income)!

By FT | August 30, 2020 |
saving,frugal living,

Welcome to the Million Dollar Journey 2020 (Q3) Financial Freedom Update – New Market High Edition!  If you would like to follow my latest financial journey, you can get my updates sent directly to your email, via Twitter or Facebook, and/or you can sign up for the monthly Million Dollar Journey Newsletter. For those of you new here, since achieving $1M…

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EI Benefits for the Self Employed

By Kornel | August 23, 2020 |
EI Benefits for the Self Employed

Today we’re going to cover the employment insurance (EI) benefits that you can receive, as a self-employed individual. Perhaps the most important thing to understand, is that while you can receive a significant amount in EI benefits as a self-employed person, you are not automatically signed up to receive them, and you do not receive…

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