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My Money Wizard

Demystifying the Magic of Financial Freedom

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Money

What’s actually a high net worth? 11 wild statistics and 4 life lessons from the world’s ultra rich individuals

March 17, 2019 By The Money Wizard 10 Comments

high net worth individual definition

Ever wonder how much money you’d need to be considered rich? Sure, there’s rich in the, “I’m feeling pretty secure right now,” sense of the word. Then there’s rich in the, “Hey, I might not even have to work any more!” (That’s the type of rich I’m aiming for, btw) But what about rich in […]

Filed Under: Money

Does Money Buy Happiness? Britain’s Most Eccentric Billionaire Reveals the Truth

October 22, 2018 By The Money Wizard 13 Comments

does money buy happiness felix dennis

If you’re from the United Kingdom, you’ve no doubt heard of today’s guest. If you’re an apple pie eatin’ American across the pond like myself, you’re probably just as confused as I was. Well, let me tell you, you’re in for treat. Our guest is worth an estimated $750 million British pounds, which translates to […]

Filed Under: Book Reviews, Money

Liquid Net Worth – How to Calculate Your Runway to Financial Freedom

September 24, 2018 By The Money Wizard 24 Comments

what does liquid net worth mean

In the world of personal finance, liquid net worth is like the underappreciated, red-headed step child. While regular net worth aced every every class in school, graduated with honors, and went on to make his parents proud as a doctor or lawyer, liquid net worth is mostly forgotten. Which is a huge mistake. Because while Net […]

Filed Under: Financial Freedom, Money

Personal Capital vs. Mint: The Ultimate Money App Showdown

April 17, 2018 By The Money Wizard 31 Comments

When it comes to tracking your money, the personal finance industry has two clear leaders in the free category. Which leads to one of the most common questions sent across the Money Wizard inbox: Personal Capital vs. Mint? There’s only one way to settle this dispute, and that’s a head to head comparison between the […]

Filed Under: Investing, Money, Reviews, Saving Money Tagged With: Money Apps, Personal Capital vs. Mint

Pet Insurance: Responsible Planning or Total Scam? 

December 18, 2017 By The Money Wizard 35 Comments

I have a confession. Like most people on the internet, I have the entirety of human knowledge at my fingertips, and I usually find myself using it to watch cute pet videos. Whenever I find myself sucked into the videos’ never ending comments section, I can’t help but notice one piece of advice from well-intentioned […]

Filed Under: Money

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Welcome

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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