Set in Aldergrove, British Columbia, Million Dollar Neighbourhood is an unprecedented social experiment in which 100 families have only 10 weeks to raise their collective net worth by $1 million. It’s a challenge to rethink the way we earn, spend and save money. In the face of crushing debt, massive credit card bills, rocketing housing costs and out-of-control spending, the families step out of their comfort zones to tackle their financial problems together. The one-hour series is co-hosted by financial expert Bruce Sellery and clinical psychologist Dr. Joti Samra, who help the Aldergove neighbours address their personal problems with tough love and uncompromising directness.
In each episode, neighbours take on a community challenge and an individual challenge. To reach the community’s million dollar goal, every family must see an average $1,000 net worth increase each week. They will need to dig deep, downsize, earn, barter, share, swap, scrimp, save and collaborate with their neighbours in ways they never could have imagined, and if all one hundred families in this community can do it, they will truly become a Million Dollar Neighbourhood. To raise the stakes even higher, if the community makes their $1 million goal, they’ll choose one family to win the life-changing sum of $100,000. Produced by Force Four Entertainment Inc. in association with OWN: Oprah Winfrey Network (Canada), Million Dollar Neighbourhood premieres Sunday, January 22 at 8 p.m. and repeats at 11 p.m.