Welcome back! After my first post, I am hoping things are heating up, especially due to over 12+ comments about strategy part one! I wanted a nice segway into this section, Part 2, on my trip to reduce taxes and invest MORE. This is possible everyone, VERY possible. The first portion of my strategy was to maximize my 401(k) with my employer, which will result, in this first year, a savings of OVER $5,000! However, as you guessed it, it does NOT end there.
A month or so ago, I wrote about the best day of my life…my wedding day. I wouldn’t have changed a thing! Towards the end of the article, I mentioned that I was going to write a few more articles down the road about a few things about our experiences during the year and a half leading up to the big day and some things we learned along the way. There is so much that is involved in a wedding, it is insane! So hopefully some of you will be able to learn from our experiences or conversely, share your experiences in the comment section so future readers can benefit from things you may have done differently than we did! So here it is, the first installment of my post wedding article series. Today, I wanted to share with you why my wife and I did not create a wedding budget while planning our wedding!
6 Months are officially in the books and we are nearing the July month end. 2016 is flying – some highs and some lows, but all are experiences to learn from, that’s for damn sure. There has been a lot of progress, set backs and steps taken forward in order to achieve goals, have a balanced life and new experiences. I set lofty goals back in December of 2015 for my 2016 year and the first 6 months/half year should provide a solid indication if I am on track to achieve the goals established, let’s see the big update!
Very strange article title, isn’t it? To begin, I love dividend stocks to invest in. I love the pursuit to financial freedom and to be completely independent in the decision of what to do with my time. As with that time – happiness is what truly matters, and making a difference in others lives. I want to do that, NOW, Tomorrow, the next day and so on. I want to be able to spend as much time with friends and family as I see fit in my life and to help others that are in need. In doing some “deep-thinking” on how to further expedite this, maximize my money, which buys time, I have changed a strategy of mine. The target? Taxes.
As the tradition continues, each month we aggregate a list to show how other bloggers in the Dividend Investing community are CRUSHING IT! We are doing the best we can in reading articles during the busy summer months – so by no means if you aren’t on here doesn’t mean that we did not read your article or will read your article, just at the time of reading we added it to the list. Bert is over here killing it on his 2nd quarter goals, already, as well as having the best day of his life, ever. The Cavs (YES YES YES!) won an NBA championship and you can say our city of Cleveland is still in celebration mode. With that being said – see our June Dividend Income summary from the blogging community.
I know I said it in my June Dividend income article as well. But still….HOLY COW, I can’t believe the year is halfway over. This quarter will always hold a special place in my heart though considering I got married in May. Can’t believe that was a month ago too. WOW! After the quarter is over, we like to take some time here and check up on our 2016 goals to check our progress and see if we need to make any necessary adjustments on the fly. With six months remaining, there is still plenty of time to steer ourselves back onto the road if we have started wandering off.
Lanny beat me to the punch for releasing our monthly dividend income summary and lets just say I have a tough act to follow. $1,100 in total dividend income and a 30.31% dividend growth rate…impressive numbers Lanny! You are crushing it. However, the show must go on here and luckily for me, I had some nice year over year growth as well. Time to peel back the layers and take a dive into my June dividend income summary!