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Contributing Writer, Wealthtender
Ben Le Fort
Economist and creator of Making of a Millionaire · Waterloo, Ontario
About Ben
An economist who paid off his debt and built a seven-figure net worth
Ben Le Fort is a personal finance writer and creator of the online publication “Making of a Millionaire.” He has been passionate about personal finance ever since graduating University with $50,000+ in debt.
In the eight years following graduation, he paid off all of the debt and built a seven-figure net worth. Ben holds a Bachelor’s degree in economics from Acadia University and a Master’s degree in Economics & Finance from The University of Guelph.
He lives in Waterloo, Ontario, with his wife, son, and cat named Trixie.
From $50,000 in debt to a seven-figure net worth
The milestones behind Ben’s writing, in his own telling.
- 1Graduated in debt$50,000+ owed after university
- 2Debt-freePaid off every loan by 2015
- 3First homeBought with his wife in 2016
- 4InvestingThen a second house and real wealth
- 5Making of a MillionaireLaunched in 2018 to share what he learned
Hi, my name is Ben. I am the founder of Making of a Millionaire. I have been obsessed with personal finance my entire adult life.
On formal education, I earned a bachelor’s and a master’s degree in Finance & Economics. On the informal side, I consumed every book, video, blog post, and podcast that discussed personal finance.
Education was nice, but it wasn’t until I began implementing what I learned that I began feeling more hopeful about the future.
Before long, I had paid off my first loan. Then the next. By 2015, I was debt-free. By 2016, my wife and I bought our first house. Then, we started investing. We bought another house and began building real wealth.
As our wealth grew, the memories of past financial problems seemed further and further in the rear-view mirror. My stress and anxiety began to melt away and I was able to sleep at night without my mind racing and problem-solving.
By 2018 I knew it was time to start sharing what I learned about managing money and Making of a Millionaire was born.
I want to be clear that I am not a financial advisor and I do not work in financial services. You should conduct thorough research before making any financial move. You should absolutely, never make a major financial decision after reading a blog post. I work very hard on the content I publish, but I will make mistakes, and more importantly just because something worked for me does not mean it will work for you.
Editor’s picks
Start with these
Four of Ben’s most useful guides, chosen by Wealthtender’s editors.
How to Fire Your Financial Advisor: A Step-by-Step Guide
How to part ways with an advisor cleanly, step by step.
Working with an advisorThe Snowball Method vs. The Avalanche Method
Two popular ways to pay off debt, compared.
Debt payoffHow Much Money Do I Need to Retire and Not Run Out?
How to estimate a retirement number that lasts.
Retirement planningThe Boring Way to Become a Millionaire
Why simple, steady investing tends to win.
Building wealthNew from Ben
Latest articles
Article library
Browse all of Ben’s articles
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How we review Ben’s articles
Every article is reviewed by Wealthtender’s editorial team before publication, and we correct errors promptly when readers point them out.