A novel wire spool caddy for transporting spools of electrical wire is comprised of a handle perpendicularly connected to the upper end of a shaft member. The shaft member is angularly connected to an extension member. The lower end of the extension member is angularly connected to the upper end of a second shaft member. An axis member is perpendicularly connected to the second shaft member. The axis member has an interior and exterior retaining cap for the purpose of retaining a coaxial rotational member which supports a wire spool when it is placed on the wire spool caddy. During use, the wire spool caddy allows the operator to guide and transport a wire spool by pushing it along.