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The Making of a Millionaire - A Canadian Personal Finance Story. Come follow the story of a 20 something year old on his journey to become a millionaire by the ripe age of 35. Daily postings on topics such as personal finance, investing and making money

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  • Giveaway Reminder and Weekend Reading

    Posted on Friday December 11th, 2009 at 04:30 in interesting links

    Giveaway Reminder If you haven’t been following lately, MDJ is celebrating its 3rd year anniversary by giving away a bunch of great prizes. Included in the giveaway: PlayStation 3 Slim (120GB) and $100 Gift Card (Enter here) 22″ LCD Mon...

  • Basics of Investing, Carnival, and 6 Figure Income!

    Posted on Saturday November 28th, 2009 at 08:51 in interesting links

    Basics: looking for help to start investing @ Canadian Money Forum Carnival of Personal Finance Thanksgiving Survival Edition @ Fiscal Geek Making a 6 Figure Income By Working Less than 50 hours a week Part 1: a Look at Your Job @ Financial Blogger 5...

  • Currency Conversion, Wills and Deals – Nov 15, 2009

    Posted on Sunday November 15th, 2009 at 04:30 in interesting links

    US ETFs vs. Canadian ETFs holding US ETFs – currency conversion @ Canadian Money Forum Is my hand-drafted will valid? @ Thicken My Wallet How to Find a Good Deal @ Five Cent Nickel Portfolio Rebalancing Experiment @ Michael James 10 Steps to De...

  • Book Winners and Weekend Reading – Oct 17, 2009

    Posted on Saturday October 17th, 2009 at 09:04 in interesting links

    Who Gets A Free Copy of The Secret Language of Money? We did a book review of The Secret Language of Money with a giveaway at the end of the review which generated a lot of interest.  As promised, I chose 2 random winners out of the entries from the...

  • High Risk TFSA, Financial Rules of Thumb and More

    Posted on Saturday September 26th, 2009 at 10:32 in interesting links

    Canadian Money Forum has a great discussion about putting high risk investments within a TFSA. Canadian Tax Resource lists 6 rules of thumb everyone should know. The Digerati Life shows us that dollar cost averaging works. Thicken My Wallet gives tip...

  • Sucker Rally, Monavie, Debt Free and More

    Posted on Friday September 18th, 2009 at 07:43 in interesting links

    Canadian Money Forum has a great thread questioning if this is the greatest sucker rally in history. A fellow blogger, Lazy Man, is facing some legal issues when he wrote about Monavie being a scam.  Apparently, the meta keywords he used in the post...

  • Weekend Reading – August 28, 2009

    Posted on Friday August 28th, 2009 at 05:30 in interesting links

    Canadian Money Forum has a sticky post on excel based financial calculators (written by Cannon_Fodder) Canadian Capitalist discusses Rogers recent fee hike. Generation X Finance has some Moving tips. Intelligent Speculator explains why Why Apple (AAP...

  • Weekend Reading – August 21, 2009

    Posted on Friday August 21st, 2009 at 05:30 in interesting links

    Canadian Money Forum has a discussion on whether risk is an uncertainty or probability? INO Stock Trading TV (free) has a new video on Cornelius Luca. One Year Ago I listed 4 Reasons Why Index Investing May Not Be for You. Canadian Capitalist asks wh...

  • Weekend Reading – August 14, 2009

    Posted on Friday August 14th, 2009 at 05:30 in interesting links

    Canadian Money Forum has an “eye opening” thread on the cost of prescription eye glasses. My Money Blog explains how the average American spends their paycheck. Canadian Capitalist indicates that there may be higher taxes on the horizon! ...

  • Weekend Reading Twitter Edition: July 31, 2009

    Posted on Friday July 31st, 2009 at 05:30 in interesting links

    I asked my twitter followers to send some of their best personal finance articles for the week, below is what they came back with: While Kathryn wrote about different ways to reduce debt, No Credit Needed had a similar article about his debt reductio...

  • Stockpiling, Ponzi Schemes and Other Links - July 17, 2009

    Posted on Friday July 17th, 2009 at 05:30 in interesting links

    Rob Carrick thinks that it’s soon time to stockpile. Nickel writes about the benefits of being a one car couple. Michael James on Money talks about detecting Ponzi Schemes. Frugal Dad has some frugal tips regarding left overs. Canadian Capitali...

  • Blogger Poll and Weekend Links - July 3, 2009

    Posted on Friday July 3rd, 2009 at 05:30 in interesting links

    Vote for MDJ We are currently holding second place in the “best of blogs” poll held by the Globe and Mail.  If you haven’t voted already, please vote for us and see if we can push for the #1 spot! Vote for Million Dollar Journey (s...

  • Rules of Wall Street Book Winners and Links - June 26, 2009

    Posted on Friday June 26th, 2009 at 05:30 in interesting links

    Book Winners As mentioned, there are 2 copies of The Seven Rules of Wall Street to giveaway.  Of the 600+ entries (between comments and twitter followers), the two lucky winners are: BBQ Jared Congrats guys, I will contact you shortly! Weekend Rea...

  • More Free Trading Videos and Weekend Reading - June 19, 2009

    Posted on Friday June 19th, 2009 at 05:30 in interesting links

    Free Stock Trading TV (INO TV) For the readers that signed up for INO Stock Trading TV a while back and haven’t logged into their accounts, they have updated their videos once again.  Now they include a regularly updated video about current ma...

  • Weekend Reading - June 5, 2009

    Posted on Friday June 5th, 2009 at 05:30 in interesting links

    Canadian Money Forum has a discussion about about how to pay for stuff when traveling in Europe.  Cash, credit card, or traveler cheques?  I’ve never been to Europe, but those who have, what do you use? If you’d like to participate in the d...

  • Free Flight Deadline and Weekend Reading

    Posted on Friday May 29th, 2009 at 05:30 in interesting links

    AMEX Free Flight Promotion Ending May 31, 2009 I’ve been told that May 31, 2009 (Sunday) is the last day to take advantage of the American Express free flight promotion. AMEX is offering a 25,000 welcome points along with waiving the $180 annua...

  • Broker Survey and Weekend Reading - May 22, 2009

    Posted on Friday May 22nd, 2009 at 05:30 in interesting links

    Discount Brokerage Survey A reader, who is currently trying to complete his Ph. D, requires some data on website characteristics and  their effect on customer loyalty to an online broker.  He created a survey geared towards those who trade online w...

  • Weekend Reading - Personal Finance Books, Stocks and CPP

    Posted on Friday May 8th, 2009 at 05:30 in interesting links

    Canadian Money Forum has a huge discussion on Favorite Personal Finance Books. The Digerati Life shows us the advantages of a buying a mobile home. Canadian Capitalist talks about CARP’s proposal for a Universal Pension Plan. Lazy Man and Money...

  • Weekend Reading - April 30, 2009

    Posted on Friday May 1st, 2009 at 05:30 in interesting links

    Many thanks to Ellen Roseman for featuring my article on “ask for a discount” in the Toronto Star. Canadian Money Forum has an interesting discussion on “being cheap.” Canadian Capitalist gives us a rule of thumb when determin...

  • Tax Deadline 2009, Another Rate Drop and Weekend Reading - April 24, 2009

    Posted on Friday April 24th, 2009 at 05:30 in interesting links

    Tax Deadline 2009 (tax year 2008) A quick reminder that the deadline (for Canadians) to file personal income tax for tax year 2008 is April 30, 2009.  If you have a small business, the deadline to file is June 15, 2009.  If you owe CRA money (like ...

  • Sunday Reading - April 12, 2009

    Posted on Sunday April 12th, 2009 at 05:30 in interesting links

    Hope everyone is enjoying their Easter Sunday! Here are some articles from The Money Writers: The Digerati Life asks what makes a good stock investor? Lazy Man and Money explains how to save money on a diamond ring. The Sun’s Financial Diary sh...

  • Big Oil Merger, Sales Taxes and Weekend Reading

    Posted on Friday March 27th, 2009 at 06:30 in interesting links

    Merger News Suncor (SU) is about to potentially merge with Petro Canada (PCA) in an all stock exchange to become the largest energy company in Canada.  Should the deal meet Canadian government approval, both companies will trade under the symbol SU....

  • Another QuickTax Giveaway and Weekend Links

    Posted on Friday March 20th, 2009 at 06:30 in interesting links

    Another QuickTax Giveaway It just so happens that I have one more copy of QuickTax online to giveaway.  Are you interested?  If so leave a comment with your best tax tip and I’ll choose a winner Sunday evening (5pm EST). Weekend Links Five Ce...

  • Book Winner, Twitter, Rate Drop and Weekend Reading

    Posted on Friday March 6th, 2009 at 05:30 in interesting links

    Book Winner t seems that there are a lot of Warren Buffet fans here (who isn’t?)!  Our giveaway of “Pilgramage  to Warren Buffett’s Omaha” received about 150 entries and out of those entries, 1 lucky winner was randomly chos...

  • QuickTax Winners, Book Giveaway, and Weekend Links

    Posted on Friday February 27th, 2009 at 05:30 in interesting links

    QuickTax Winners The long awaited QuickTax winners have been chosen and are now ready to be announced!  Out of the 184 entries, there were 3 winners randomly chosen for free online tax filing this year.  The winners are … Lyne (2) Karash (32...

  • Free Business Cards, QuickTax Giveaway and Weekend Reading

    Posted on Friday February 20th, 2009 at 05:30 in interesting links

    Free VistaPrint Business Cards VistaPrint is offering 250 free basic color business cards for trying their service.  The catch?  You need to pay for shipping ($7.90 within Canada) and there’s a small cost if you remove their logo from the bac...

  • Book Winner and Weekend Links - Feb 6, 2009

    Posted on Friday February 6th, 2009 at 05:30 in interesting links

    Book Giveaway Winner Last week, QCash wrote a great review of the book “No Hype - The Straight Goods on Investing Your Money” along with announcing a giveaway.  Out of the 170+ entries, Pauline was drawn as the lucky winner!  Congrats P...

  • More Online Backup Software, Book Winners and Weekend Reading

    Posted on Friday January 30th, 2009 at 05:30 in interesting links

    More Backup Software Last week, I recommended a free online backup solution called Mozy Backup.  Within the comments thread, Stephen Winters mentioned a free product by Microsoft called Windows Live Sync.  Even though it doesn’t do an online ...

  • Free Online Backups and Weekend Reading

    Posted on Friday January 23rd, 2009 at 05:30 in interesting links

    Free Online Backups I was searching for online backup solutions and came by a little gem called Mozy Online Backup. This free service will automatically backup local computer files of your choice at set intervals onto their encrypted online site. No...

  • Questrade Gives Back Trailer Fees and Weekend Reading

    Posted on Friday January 16th, 2009 at 05:30 in interesting links

    Questrade Mutual Funds and Trailer Fees I noticed over at Questrade that, in addition to offering a low cost TFSA, they now offer a new feature for mutual funds.  While they have reduced their mutual fund trading fee to $9.95, they also now rebate t...