- Home
- How To Invest
What is the Rule of 72 Formula?
The rule of 72 formula is a great way to illustrate how compounding interest can grow your investments. I am a firm believer that everyone should be leveraging the power of compounding interest in order to grow their wealth. Even if you were to invest $25 a month … the power of a compounding investment […]
Continue ReadingHow to Manage Workplace Retirement Contributions in a Recession
I thought I would take this time of market uncertainty to discuss personal finance topics that pertain to how my family is treating the COVID-19 pandemic. First and most important … we are trying to stay healthy and safe. My kids won’t go back to school now for at least 2 months … likely through […]
Continue ReadingHow Much Dividend Income Did We Earn in March 2019?
One of my favorite personal finance tasks each month is to publish our monthly dividend income report. My wife and I have been building this passive income stream slowly for the past 10+ years. In that time, we have seen sustainable growth and have plans one day to use this income stream to cover 50% […]
Continue ReadingHow Much Dividend Income Did We Earn in February 2019?
I can’t believe how fast the year has gone by so far. Most of the time I want life to slow down so I can enjoy it a little more and spend time with my wife and kids. But the one time I don’t mind it flying by is when I get to publish our […]
Continue ReadingHow Much Will Our Dividend Income Grow in the Future?
Just over 10 years ago when my wife and I bought our first dividend stock, we didn’t realize the impact it would have on our retirement. While we are still many years away from our magic financial independence number, we now realize that dividend income will be an important tool we use one day. Some […]
Continue Reading