Hey fellow wizards! Today I’m starting what I hope becomes a fun new feature, where I’ll distill down a bunch of random thoughts and events into an entertaining concoction. I’m calling it The Wizard Cauldron. Who wants to jump into the first brew with me? (I’ll need your help at the end!) What I’m curious […]
Archives for September 2020
Reader Mailbag 4: Million dollar inheritances, how much to put down, and more!
*Disclaimer #2: I am not a professional, and MyMoneyWizard.com is an opinion-based blog. Nothing on this website should be considered financial advice. Back in October 2018, I published the first reader mailbag and vowed to make it a regular series. Two years later, and I’ve published a whole… three! WTF! Clearly, I’ve got some follow […]
Is this really the best path to all the money you’ll ever need? (Financial Freedom Book Review)
A few years ago, Grant Sabatier went to buy a Chipotle burrito and came to the stomach growling realization that he only had $2.26 to his name. Five years later, his net worth had reached $1.25 million, and he was financially independent for life. How did he do it? That’s what his book, Financial Freedom, […]
Shaq Shares His Best Money Advice, and Everyone is Surprised He’s Secretly a Money Wizard
Here’s the surprising news of the month: Ultra high savings rates – not just for online money nerds like us, apparently. According to a recent interview with Yahoo Finance, Shaq, of all people, is one of the biggest proponents of pushing an Early Retirement Extreme style savings rate. Reporter: What money advice would you give […]
The Definition of a Seven Figure Salary: How to Earn $1 million a Year
A few months ago, I was at the bar with a friend. (Remember those days?) Soon after, a friend-of-a-friend walked in, clearly in a fantastic mood. Right away, this friend-of-a-friend, who’d I’d always heard through the grapevine was a loaded real estate developer, began an absolute bender of a spending-spree. We’re talking the highest shelf […]
