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Demystifying the Magic of Financial Freedom

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Archives for July 2019

Frugal Living: The Ultimate Guide (+21 Legit Frugal Living Tips)

July 23, 2019 By The Money Wizard 27 Comments

Want to know the first step to getting rich? Here’s billionaire Mark Cuban, from his creatively titled blog post, How to Get Rich. (Nice one, Mark. Then again, your net worth is 136,666.67% larger than mine, so I’ll shut up now…) So what should you do to get rich ? Save your money. Save as […]

Filed Under: Saving Money Tagged With: best frugal living tips, frugal living, Frugality

How to Calculate Your Savings Rate (The Best Way)

July 17, 2019 By The Money Wizard 14 Comments

how to calculate your savings rate

You’ve all seen the headlines. “SHOCKING Frugal Weirdo Saves 99% of His Income!!!” I think I’ve even been featured in a few of those articles. But as I’ve responded to various reader emails, browsed a few of the internet’s personal finance forums, and scariest of all, combed through the comments section of those mainstream media […]

Filed Under: Saving Money

Net Worth Update: June 2019 ($300,000… again!)

July 8, 2019 By The Money Wizard 34 Comments

Aloha, fellow Money Wizards!  No, I’m not in Hawaii. But it is Summer. And time for another net worth update!  If you’re new here, every month I share my progress in growing my investment portfolio to a point that will let me walk away from work by age 35. I’m currently 29 with a couple […]

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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