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My Money Wizard

Demystifying the Magic of Financial Freedom

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Saving Money

Compound Interest Will Make You Rich, But Most People Completely Ignore Compound Spending

November 21, 2017 By The Money Wizard 21 Comments

compound growth featured

If I were making a personal finance 101 cheat sheet, I don’t think anyone would blame me for placing compound interest right at the top of it, in bold letters. I mean, compound Interest is the most powerful force in the universe, or so Albert Einstein’s Instagram account told me. (There’s actually no proof Albert […]

Filed Under: Saving Money

Is Owning an iPhone More Expensive Than a Car?

October 16, 2017 By The Money Wizard 24 Comments

do cell phones cost more than cars

Apple just announced the iPhone X. That’s the iPhone 10, not to be confused with the iPhone ex. And pour one out for the iPhone 9 while you’re at it. That edition got skipped over like a nerd in a dodgeball draft. As eager consumers eagerly awaited The Latest and Greatest, Apple announced the one […]

Filed Under: Money Hacks, Saving Money

Get Rich by Building Your Own Nuclear Triad of Income

August 17, 2017 By The Money Wizard 18 Comments

nuclear triad of income

If you haven’t been following the news, you may have missed the recent escalation of 70 years’ worth of tensions between the USA and North Korea, which has us all in danger of getting nuked. I’m no expert in political current events, but the cliff notes version goes something like this: On July 28, North […]

Filed Under: Early Retirement, Saving Money

7 Things That Are Always True of Big Savers (according to Yahoo readers)

July 10, 2017 By The Money Wizard 51 Comments

always true about savers

The biggest news in the Money Wizard corner of the internet remains the viral spread of my strategy to stop wasting money. Framing your spending in terms of time spent, not pieces of paper, apparently makes for a pretty catchy story. The story was first written by Business Insider, who approached me about doing a […]

Filed Under: Saving Money

Finally, the Easiest Source of Passive Income Revealed

June 26, 2017 By The Money Wizard 21 Comments

easiest source of passive income

Now if that clickbait didn’t get you to read the article, I don’t know what will. Hear me out though, because this one delivers the passive income goods. It’s just not what most people expect. After all, a lot is made of passive income. According to any hopeful investor or retiree, it’s the holy grail […]

Filed Under: Early Retirement, Investing, Saving 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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Popular Posts

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