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Demystifying the Magic of Financial Freedom

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Archives for October 2020

The Wizard Cauldron: October 2020 Edition

October 30, 2020 By The Money Wizard 3 Comments

the wizard caldron

Hey fellow Wizards! The “W” is capitalized because I think we all deserve some r-e-s-p-e-c-t like that. In the spirit of keeping this series the shortest type of post on this blog, let’s cut the intro and dive right in. PS – Special thanks to everyone who submitted answers this month! I’ve compiled and included […]

Filed Under: The Wizard Cauldron

Reader Mailbag 5: Life insurance, 9-5 lifegoals, and why The Money Wizard sucks.

October 28, 2020 By The Money Wizard 5 Comments

reader mailbag

*Disclaimer #2: I am not a professional, and MyMoneyWizard.com is an opinion-based blog. Nothing on this website should be considered financial advice. Another reader mailbag, coming in hot! With a delivery that urgent, there’s clearly no time to waste. So let’s get right to the questions: 1. Advice for a 20-something with a 9-5 job […]

Filed Under: Reader Mailbag

How to Buy Physical Gold Bullion (A Guide for Total Beginners)

October 26, 2020 By The Money Wizard 17 Comments

how to buy physical gold bullion

Imagine you were born in a middle-upper class country. Naturally, you spend most of your life believing you live in a stable economy. For decades, your parents earned a modest salary that placed their wages solidly within the “well off” corner of global stage; the local currency sported an exchange rate to the global currency […]

Filed Under: Investing, Saving Money

The 5 Stocks I Bought as a Teenager (and how I LOST $11,000)

October 20, 2020 By The Money Wizard 12 Comments

Stock market showing financial data on tablet computer

Earlier this week I published my monthly net worth update and got a reader question that immediately sent me barreling down the bumpy dirt road we call Memory Lane. The question was innocent enough – what stocks had I invested in when I first started my investing journey? Oh, man… could those stocks tell a […]

Filed Under: Investing

9 of the Most Cheap and Frugal Celebrities in the World

October 15, 2020 By The Money Wizard 3 Comments

cheap and frugal celebrities

In a world where most celebrities blow through their fortunes like it’s some kind of race to bankruptcy, a select few dare to go where almost no others have gone before. They dare to be frugal. But just who are these frugal celebrities? I’ll admit, when I first started researching frugal celebrities, the results were […]

Filed Under: Celebrity 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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