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
Best Canadian Dividend Stocks – October 2025
As we head into back to school season, our October 2025 Best Canadian Dividend Stocks list update reveals a pretty solid year-to-date performance for our…
Simplii Financial Review
If you prefer to do all your banking from the comfort of your home and don’t mind not having access to face-to-face help if required,…
Long-Term Care Insurance In Canada: Do I Need It?
TL;DR: You probably should not buy long-term care insurance in Canada. For many Canadians who are entering retirement, one of the big fears is that…
Wealthsimple vs. Justwealth in 2025
Justwealth and Wealthsimple have earned the top spots of first and second place on our updated list of the best robo advisors in Canada for…
Motive Financial Review 2025
What Is Motive Financial? Motive Financial, which is under the Canadian Western Bank, is one of Canada’s best known online banks. They offer chequing, savings,…
The Best Countries for Canadians to Retire Abroad
A few years ago I never would have considered writing an article about the best countries for a Canadian to retire abroad. Why would anyone…
Best 2025 Broker Promo
Up To $2,000 Cash Back + Unlimited Free Trades
Open an account with Qtrade and get the best broker promo in Canada: 5% cash back when you fund a new account + unlimited free trades for the rest of the year.
The offer is time limited - get it by clicking below.
Must deposit/transfer at least $1,000 in assets within 60 days. Applies to new clients who open a new Qtrade account by November 26, 2025. Qtrade promo 2025: CLICK FOR MORE DETAILS.
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.
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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.
Really appreciate you taking the time to write that enlightening comment Jackie! When I read/hear about advisors saying things like…
September 22, 2025 on post Justwealth Review 2025Hey Xred. Now you’re going to have two layers of taxation to worry about – Canadian taxes, and the country…
September 22, 2025 on post The Ultimate Tax Guide to Inheriting a Cottage in CanadaThe promo is good for current customers this time, they just don’t get the free trades. You have to make…
September 18, 2025 on post Qtrade Promo Code 2025Great article. Is there any additional reading you can recommend on how this would work for international properties like a…
September 17, 2025 on post The Ultimate Tax Guide to Inheriting a Cottage in CanadaMy husband and I are retired since +20 years ago when we were in our early 50’s (we’re early advocates…
September 16, 2025 on post Justwealth Review 2025I noticed that there was no Vanguard ETF on the list of 100 free ETFs. Big con.
September 16, 2025 on post Qtrade Review 2025 – Canada’s Best BrokerInteresting review. While their services are offered offered in Quebec, I unfortunately can’t find a French version of their site.…
September 15, 2025 on post Justwealth Review 2025My experience in last two years with Qtrade has been great. Only select trades are free though.
September 5, 2025 on post Qtrade vs. Wealthsimple in 2025
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
Mike
Might be worth a re-visit on this one. They have RRSP and TFSA now, I’m transferring my accounts over for…
October 1, 2025 on post Webull Canada Review