Financial Independence

Looking back at my financial transformation, there were three things that were keys to my success. These are items that continue to be the backbone of my process to creating a better financial future.  And after reviewing my process from the past five years, I noticed it made a simple acronym that is pretty easy to […]

Having over $50,000 in total debt taught me a few personal finance lessons that I value today. These lessons were also some driving factors in my current financial independence pursuit as well. Of course, I don’t encourage you to go into financial debt to learn some lessons of your own. I certainly would love to

Building wealth will be essential to having a secure and better financial future. But it also means more than just having money. Wealth is about your assets, investments, and your savings that apply to your quality of life and things you can do in your life. And wealth-building habits are the financial actions you take

Ah financial misery, something I feel like most of us have faced or will face during our lifetimes. Also, since everyone’s financial situation is different, what you define as your financial misery may not look so bad to others. But over the last few years, I’ve been able to reflect on a lot of various

When I first started my interest in personal finance back in 2014, I had never heard of the concept of FIRE. In fact, I did not learn about this acronym until early 2017, but I did fit into the movement quite well at the time. For those of you reading who have no idea what

If you are reading a lot about personal finances and money, you probably of come across a few financial bloggers. Me being one of them! Many have started their personal finance blogs to share their stories, connect with others, or turn it into a nice side hustle business. Regardless, many of the financial bloggers out

Over the last few years of working on my own personal finances and discussing with friends, I’ve come across plenty of money excuses. But I’m not here to shame anyone. Because of many of these excuses I made myself prior to taking control of my financial situation back in 2014. So there is no real

Hi, my name is Josh and I run a personal finance blog called Money Life Wax. The name is different, but essentially it means whatever you want it to mean, so long as you take care of your finances. I ventured into blogging after wanting to know how to pay off debt and become more

Discovering the concept of Financial Independence and Retire Early can be a life-changing experience. However, it’s often not a smooth road. When figuring out that life is not constrained to the hamster wheel we are familiar with, the emotions can be difficult to deal with at first. This especially holds true when you focus on

Developing self-discipline isn’t easy. Procrastination is the enemy of self-discipline. Here’s a perfect example: “I’m going to start the keto diet tomorrow because I want to lose 20 lbs for my wedding. I’m trying to be more disciplined about how I eat.” Does that sound familiar? Most of us like to talk about how we’re

I reached out to a few personal finance bloggers to learn what made them so interested in their own finances. Below, I got some great insight and stories that hopefully will inspire you to take action too. Whether you are new to the personal finance world or a seasoned vet, I always think it is

Looking for finance quotes and quotes about money that can inspire you to take charge of your financial life? Even if you aren’t in search currently, these quotes will keep you motivated and make you think differently about finances and money. For me, besides these personal finance books, reading these particular quotes about money helped

  We all know the phrase, “It must be nice.” Whether we have said it ourselves or have heard others throw it around loosely, we all are familiar with it. And guess what? I’m guilty of saying it in the early days of learning about finances and money. Whether that was looking at friends, family,

I’m sure if you are reading this, you’ve come across other articles that talk about the importance of building your savings or having some sort of an emergency fund. Whether that be for an unexpected medical bill, something breaks down in your car, etc. I’m not personally a fan of the “emergency fund” term, as

Officially the first post for Invested Wallet, which is extremely exciting! Hopefully, this blog will be not only a great outlet for me but for those of you reading as well. I won’t bore you with all the details of myself or my entire journey here, but I do recommend if you are interested to

Have you ever heard the term, “Generational Wealth” before?  If you are actively working on your finances and building financial independence, then the idea of generational wealth has probably been on your mind or something you have at least thought about.  But, you might have also put that concept on the backburner until you reached

At some point, you may wonder why money is important and start to analyze the role it plays in your own life.  And our society has plenty of different viewpoints when it comes to money and happiness, how much money is truly enough, and how to better with money.  I’m sure you have heard many

It’s no longer “Who Wants to Be a Millionaire” but how to become a millionaire. You don’t have to be a contestant on a game show, win the lottery, or receive a windfall from a relative. Just follow the 16 Do’s and Don’t in this article, and you’ll be on the road to becoming a