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Demystifying the Magic of Financial Freedom

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Archives for September 2018

Liquid Net Worth – How to Calculate Your Runway to Financial Freedom

September 24, 2018 By The Money Wizard 24 Comments

what does liquid net worth mean

In the world of personal finance, liquid net worth is like the underappreciated, red-headed step child. While regular net worth aced every every class in school, graduated with honors, and went on to make his parents proud as a doctor or lawyer, liquid net worth is mostly forgotten. Which is a huge mistake. Because while Net […]

Filed Under: Financial Freedom, Money

3 Fund Portfolio: The Lazy Investing Strategy that Crushes the Pros

September 17, 2018 By The Money Wizard 46 Comments

3 fund portfolio

If we all locked ourselves in a room and HAD to agree on one statement before we could escape, what do you think that statement would be? I’m guessing our prisoner situation would spark some heated debates. At some point, the pitchforks and flame torches might come out. But, after a few hours of wrestling […]

Filed Under: Investing

8 Frugal Tricks I Used to Buy a $30,000 Kitchen Remodel for $14,634

September 11, 2018 By The Money Wizard 22 Comments

ways to save on cost of kitchen remodel

Drumroll please… I’m proud to announce that after months… and months… and months… of waiting, we’re finally finished with The Great Money Wizard Kitchen Remodel of 2018. As regular readers can surely attest, I started to sound like a broken record with my constant “almost done” reminders in the net worth updates. What started as […]

Filed Under: Saving Money

Net Worth Update: August 2018 (Finished Kitchens, State Fairs, and Robot Vacuums!)

September 4, 2018 By The Money Wizard 18 Comments

Hey Money Wizards, welcome to the end of summer net worth update. Shed a tear folks, shed a tear… If you’re new here, every month I share all my progress towards a nearly $1 million portfolio and an early retirement by age 37. Since money tends to be a pretty taboo subject IRL, I hope that […]

Filed Under: Net Worth

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I'm the Money Wizard, a 20-something who started this blog after I saved $100,000 by age 25. Now, I'm sharing everything on my journey towards early retirement in my 30s.
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I track my net worth and spending every month, and I share all the details (even when they're not pretty) here:

Current Net Worth: $588,800

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