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 read about 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!
I’ve written a lot about index investing as one of the best strategies for beginner and experienced investors alike. It’s a strategy that I follow with a large portion of my portfolio to get ex-Canada (outside Canada) diversification (I use dividend investing for my Canadian exposure). Not only do I use this strategy in my…Read More
This is a post by Chrissy, who has guest posted here recently about hosting homestay students as a side hustle. Her blog, Eat Sleep Breath FI, details her journey towards financial freedom. In this article, Chrissy describes a fundamental way to get excited and motivated about FI that has worked for her and her family. Here are…Read More
After filing my income tax return in mid-April (yes, I tend to procrastinate), I noticed on the bottom of the screen the amount that we will receive for the Canada Child Benefit. While we’ve been receiving this benefit since the Trudeau administration has been in power (2016), what really got me thinking is that we’ll…Read More
Over the past number of years, I’ve been writing and including updates on the outperforming Dogs of the TSX also known as the Beating the TSX dividend stock strategy (BTTSX). At a high level, in this strategy, the largest publicly traded companies in Canada (TSX 60) are sorted by dividend yield, then the top 10 positions…Read More
Last week, I wrote about the most efficient way to withdraw from your accounts during retirement. Within the article, I mentioned that while the general rule of thumb is to keep your RRSP as long as possible, there are some situations where drawing down on your RRSP first makes the most sense. This is particularly…Read More
I’ve been writing about money on MDJ for a long time – a very long time. During this tenure, most of my pieces have been about the accumulation of money and wealth. Articles like: ways to save money how to pay off debt how to track your net worth completing the million dollar journey financial…Read More
I received an email from a reader with a bright financial future. She has both her RRSP and TFSA maxed out and wondering what to do next. First of all, thank you for sharing your wisdom and financial journey. I love reading your blog and I learn so much from it! I was wondering if…Read More