Welcome to the Million Dollar Journey September 2013 Net Worth Update. For those of you new to Million Dollar Journey, a monthly net worth update is typically posted near the end of the month (or beginning of the next) to track the progress of my journey to one million in net worth, hopefully by the…

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As discussed in a previous post about the alternatives of declaring bankruptcy, filing for bankruptcy should be a last resort when mired in insurmountable debt. After careful consideration and consultation with knowledgeable people, if the situation still warrants a bankruptcy filing, then the following post will provide some details about the process in Canada. Working…

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It’s been a while since I’ve posted reader questions (and answers) on this site but I’m going to start posting them again.  This time around, the question revolves around tax efficiency, specifically, which account to use for Canadian index ETFs. Where to put Canadian index ETFs? I was wondering about Canadian index ETF’s such as…

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With fewer employers offering stable full-time positions, instead opting for part-time and contract work, self-employment is on the rise. According to the latest jobs numbers from Statistics Canada, self-employment rose 3.6 per cent in August 2013. With over 2.6 million Canadians relying on self-employment for their livelihood, it’s more important than ever to understand how…

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