How to Build a Passive Income Stream That Doubles Every Decade
The majority of questions I get asked here on The Money Sprout are about our dividend income stream. More specifically, readers are interested in knowing the specifics of how I calculate our income growth projections. For example, I often provide dividend income estimates for the next year by tracking our 12 month forward dividend income […]
Continue ReadingHow Much Dividend Income Did We Earn in October 2018?
At the conclusion of every month, I publish an update of our dividend income portfolio. This portfolio of “mostly awesome” stocks currently consists of 35+ publicly traded companies and is part of our long term financial independence (FI) plan. One day in the future, my wife and I plan to use our dividend income stream […]
Continue ReadingEarning a Bit More in Our Emergency Fund
It’s been about 1 year since I last discussed our family’s emergency fund … and the best way to earn income from that money. Based on our current spending (around $60,000 per year), my family has enough money in our emergency fund ($40,000) to cover 8 full months of expenses. If we were to cut […]
Continue ReadingHow Much Dividend Income Did We Earn in September 2018?
My wife and I have a goal to use passive or side income streams to eventually cover 100% of our expenses. Within the next 10 years, we would like to have enough money coming in every month to cover all our expenses. Based on our currently spending, that is around $5,000 per month we plan […]
Continue ReadingHow Much Dividend Income Did We Earn in August 2018?
At the end of every month I publish a dividend stock portfolio update. This portfolio of stocks that my wife and I own currently consists of 35+ publicly traded companies and is part of our long term financial independence (FI) plan. We have been slowly building this portfolio for the past 10+ years. My wife […]
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