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Demystifying the Magic of Financial Freedom

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Archives for February 2020

5 Quick Thoughts on the “Worst” Stock Market Crash in History

February 28, 2020 By The Money Wizard 16 Comments

coronavirus-stock-market-crash

There I was, minding my own business yesterday when I got a notification. Something about a historic selloff. I checked Yahoo Finance, and saw this: Well, light my fire! Now that’s a headline! A headline that will surely grab your attention. ESPECIALLY if you happen to have hundreds of thousands of dollars invested in the […]

Filed Under: Investing

I’ve side hustled over $90,000 in 4 years. Here’s how The Reverse Latte Factor can help you reach financial freedom. [Guest Post]

February 17, 2020 By The Money Wizard 10 Comments

Side Hustles Reverse Latte Factor

Hey Money Wizards! Around the same time I started My Money Wizard, another Minneapolis blogger started a like-minded personal finance blog. He too was chasing financial freedom, but there’s one part about his blog that really stood out to me… He was a side hustling machine. In fact, I’d never seen anyone who’d incorporated extra […]

Filed Under: Side Hustles

The Story of the Mexican Fisherman: Start Living the Life of Your Dreams Today

February 10, 2020 By The Money Wizard 6 Comments

story of the mexican fisherman

You’ve heard the story of the Mexican Fisherman, right? It’s an ancient parable passed down for generations. Well, either that, or it’s a short story written by German Author Heinrich Boll, and then adapted for an American audience to take place near our southern neighbors. No matter, its lesson is profound… The Parable of the […]

Filed Under: Financial Freedom

Net Worth Update: January 2020 (A wild start to the new decade!)

February 5, 2020 By The Money Wizard 18 Comments

Money Wizards, Welcome to a new net worth update in a new decade. We livin’ in the future… Speaking of new, if it’s your first time here, I track and share my progress every month. The end goal is financial freedom by age 35. I’m currently 29 with a few hundred thousand to go, so […]

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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