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My Money Wizard

Demystifying the Magic of Financial Freedom

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The Only 3 Expenses that Matter for Saving Serious Cash

August 6, 2018 By The Money Wizard 26 Comments

80/20 Rule for Saving Money compared to consumer spending

We’ve all heard of the 80/20 rule right? It’s sometimes more fancily referred to as The Pareto Principle after Italian economist Vilfredo Pareto, who calculated 80% of the land in Italy was owned by 20% of the population. Of course, some business management consultants took the idea and ran with it, pitching the idea that […]

Filed Under: Featured, Saving Money

The Correct Order for Investing Your Money

February 20, 2018 By The Money Wizard 50 Comments

Let’s imagine you stumble onto a suitcase bursting at the seams with cash. Hey, isn’t this game fun!? Maybe you’ve got a rich uncle, or your side hustle as a gray market arms dealer just took a lucrative turn. Or maybe, more realistically, you’re like most readers of this site. You’ve started making decent money, […]

Filed Under: Debt, Featured, Investing

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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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