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Demystifying the Magic of Financial Freedom

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Archives for February 2021

Update on My New Year’s Resolutions (2020 + 2021)

February 24, 2021 By The Money Wizard 4 Comments

money wizard 2021 resolutions

Around here, my annual New Year’s Resolutions posts have become as much of a new year’s tradition as late night fireworks and New Year’s Day hangovers. So you can imagine my horror when I looked down at the calendar and noticed it was already February, with no resolutions in sight! Cheesy traditions around here don’t […]

Filed Under: The Money Wizard

How I Spent $30,841 Last Year (Every Penny!)

February 17, 2021 By The Money Wizard 30 Comments

total annual spending - mymoneywizard

It’s that time of year! That time when 365 days of ridiculous tracking of my money gets shared with YOU. (And the rest of the world…) As always, this year’s report includes every single cent I spent, every dollar I saved, and even something most personal finance bloggers are shaking in their boots to admit […]

Filed Under: Saving Money, The Money Wizard

Am I a hypocrite for investing in crypto?

February 12, 2021 By The Money Wizard 46 Comments

crypto investing responsibly

  Yesterday, I made a bombshell announcement on the heels of Tesla’s bombshell bitcoin announcement. That’s a lot of bombshells?  Anyway, as the dust cleared, one shocking truth emerged… The Money Wizard had changed his portfolio allocation. Cryptocurrencies now made up a not-insignificant 7-8% of his portfolio. Even wilder, the nut admitted he was doubling […]

Filed Under: Investing

Tesla just bought $1.5 billion of Bitcoin. Could Bitcoin really hit $500,000?

February 11, 2021 By The Money Wizard 11 Comments

How’s this for a bombshell? Bitcoin cryptocurrency (otherwise known as that roller coaster of an investment that started as a nerdy experiment, quickly became the currency of choice for underground criminals, then got threatened with government shutdown, somehow made a comeback, and along the way accidentally created thousands of unexpected millionaires and billionaires)… Yeah, THAT […]

Filed Under: Investing

Net Worth Update: January 2021 (New year, new start!)

February 2, 2021 By The Money Wizard 30 Comments

net worth update january 2021

Welcome to the first update of the new year! A fresh start! Before we get into all the juicy details, you know I’ve gotta share the spiel! Every month I track my progress to a goal net worth of around $1 million, and hopefully… an early exit from my white collar office job. I’m currently […]

Filed Under: Net Worth, Uncategorized

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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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Latest Net Worth

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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