One of my favorite activities here on The Money Sprout is reporting out our dividend income from the past month. It gives me a chance to document our journey of building a sustainable dividend income stream. I discuss how much dividend income we earn, what new stocks we are purchasing, our dividend reinvestment shares, company […]
Continue Reading
It seems everywhere I turn, people are constantly going out to eat. The majority of our co-workers, family, and friends are eating out at an alarming rate … in my opinion. I’m all for living the way you want to live your life. So who am I to question if other people want to spend […]
Continue Reading
I recently covered how tax optimization could allow us to earn an extra $42,000 of income this year (2018) … and pay only $51 in federal tax. Based on our available retirement account buckets (pension, 401k, 457, and IRA accounts), child tax credits, and the standard deduction for married filing jointly … we can earn […]
Continue Reading
Starting this year (2018), we are set to save an extra $2,000 to $3,000 of our income. This savings isn’t coming from cutting our cable (already did that) or eating out less (we never eat out anyway). These thousands of dollars are being saved through tax optimization. Based on the current tax law and our […]
Continue Reading
The very first dividend stock that my wife and I purchased was 25 shares of Consolidated Edison (ED) back in 2008. At the time, we didn’t even realize these 25 shares were to be the start of our dividend income portfolio. In just a few months from now, we will have owned these shares for […]
Continue Reading