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Demystifying the Magic of Financial Freedom

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Archives for March 2019

Build Wealth 6.5 Times Faster by Adding Compound Savings to your Compound Interest

March 25, 2019 By The Money Wizard 3 Comments

compound saving key to wealth

Here’s an epiphany that hit me the other day. I was deciding on my annual money goals, and I hit a mental wall. I was dreaming up an ambitious plan: to see if I can save $40,000 over the next year. And yet, all the typical excuses started crawling out from their hiding places and […]

Filed Under: Investing, Saving Money

What’s actually a high net worth? 11 wild statistics and 4 life lessons from the world’s ultra rich individuals

March 17, 2019 By The Money Wizard 10 Comments

high net worth individual definition

Ever wonder how much money you’d need to be considered rich? Sure, there’s rich in the, “I’m feeling pretty secure right now,” sense of the word. Then there’s rich in the, “Hey, I might not even have to work any more!” (That’s the type of rich I’m aiming for, btw) But what about rich in […]

Filed Under: Money

My new life plan to “retire” at 35 and still hit $4 million dollars in net worth.

March 12, 2019 By The Money Wizard 39 Comments

Ever had one of those brutal workdays? The type that makes you stop and ask yourself how on earth your life brought you here.  I had one of those days recently. It was halfway through a meeting debating the absolutely mind-numbing details only the white-collar world could even begin to care about.  “Should we call […]

Filed Under: Early Retirement, Financial Freedom, The Money Wizard

Net Worth Update: February 2019 (Bring on the snow!)

March 4, 2019 By The Money Wizard 24 Comments

Hey fellow Money Wizards! Welcome to the first days of March. Which around here, can only mean one thing. As we push forward into yet another month, it’s time for our traditional look back on the last. Because in the hustle and bustle of the steady march forward, sometimes it’s the pause that’s most appreciated. […]

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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