A couple I know recently welcomed their first child. The husband, an engineer by profession, was the sole breadwinner. He lost his job in this economic downturn and has been unemployed for the last few months. So? There are probably hundreds of thousands of people in a similar situation i.e., single income families, with a baby to boot, searching for … Read More

I t’s not your neighbor who once gave you awful advice on a hot stock tip (you’re no longer on speaking terms, unless you need to borrow a power tool). It’s not one of those “market pros” you read about on CNBC who seemed so sure about this one stock that he called it a no-brainer (you bought the stock … Read More

I t is no longer the norm in this generation to begin a career in the mail room and retire 35 years later as one of the top managers. People change jobs often and for any number of reasons. Leaving a job can be a difficult decision especially if you have a strong sense of loyalty to a company or … Read More

W ith the income tax deadline just around the corner for tax year 2009, which is April 30, 2010 , it’s time to start thinking about what’s required to file. If you are a small business owner, you have until June 15th to file, but any taxes owning must be paid by April 30th. If you are entitled to a tax … Read More

I imagine, from a parent’s perspective, the prospect of co-signing for a son/daughter’s credit card stirs up a number of emotions and thoughts. There could be number of reasons why a young adult might want/need a credit card, from paying their tuition, to purchasing a big ticket item like a second hand car or perhaps to even start a business. … Read More

shortest post ever, thoughts?

Original Source of companies used to be able to out compute each other, now they really have to out think each other, no wonder some look flat footed

I t’s no secret that I am a big fan of the MBNA spg credit card . With SPG and MBNA parting ways , I have been waiting in eager anticipation what the new replacement would feature. It was speculated that American Express would take over the Canadian portion of the program as they have a similar program in the … Read More

T here is no one way to wealth. Financial success isn’t about picking the right stocks or buying into the right financial philosophy. There are many a great financial mind that has written a book or given a seminar on how to get rich. To succeed financially you have to know what works for you. If you take someone else’s … Read More

W elcome to the Million Dollar Journey February 2010 Net Worth Update . There was a small market correction in late January/early February but the market is still as resilient as ever bouncing back above the 50 day moving average. As a result, my portfolio numbers remained status quo. The biggest financial move this month was that I finally opened … Read More

M illion Dollar Journey was nominated for the best Canadian personal finance blog in the new Platus Awards. If you have a moment, vote for your favorite blogs here . Cheapest thing you have ever done @ Canadian Money Forum Selling Wine – Almost Like Blogging @ Lazy Man and Money Why are people so bad with money? @ Thicken … Read More