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Demystifying the Magic of Financial Freedom

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Archives for July 2021

This vintage 1970s LIFE magazine shares tips to beat inflation. Here’s a fascinating peek inside.

July 26, 2021 By The Money Wizard 9 Comments

vintage life magazine inflation 1970

So the other day I was doing what frugal money bloggers do best (browsing through thrift stores) when I came across a find that I was helpless to resist.  An enormous, oversized edition of LIFE magazine. Naturally, the giant George Washington dollar bill on the front meant this magazine and I would have some shared […]

Filed Under: Uncategorized

China just banned bitcoin. Why this billionaire says that’s a good thing.

July 19, 2021 By The Money Wizard 10 Comments

china bitcoin ban

The latest news from the My Crypto Wizard newsroom: China banned bitcoin. Kind of… The details are somewhat nuanced, so we’ll get into that. Plus, I’ll explain why one billionaire says it’s actually a good thing for bitcoin.  The Details of China’s “Bitcoin Ban” So China didn’t completely ban bitcoin. Specifically, per Rueters.com, they “Banned […]

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The 3 Reasons Why I Don’t Count My House in My Net Worth

July 12, 2021 By The Money Wizard 38 Comments

why i don't count house in net worth

Read through the monthly Net Worth Updates and you’ll see one question pop up again and again. Where is your home equity? Put another way, Why don’t you include the value of your house in your net worth updates? For years, my standard answer to that question has been “because I don’t own a house!” […]

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Net Worth Update: June 2021 (Keep on the grind!)

July 6, 2021 By The Money Wizard 30 Comments

net worth update june 2021

Well folks, we’re officially halfway done with 2021. If you met that sentence with a “WTF?” and a double check of the calendar, then I’m glad you and I are on the same page. So, now’s probably a good time to check on the latest portfolio progress. If you’re new here, every month I track […]

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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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