After seeing such incredible numbers posted in our latest edition of our monthly dividend income summary from other bloggers in the dividend growth investing community, I am extremely motivated to invest some extra capital and help push my dividend income forward. Even though I am working hard to earn extra cash via side hustles to try to pay down our debt as fast as possible, I decided that there was a little room to still invest on the side. How could I resist buying a potentially undervalued dividend growth stock after all? This month, I’ve targeted four companies for my September stock watch list. Let’s see who I am keeping my eye on!
Dividends. Insane Growth Rates. Personal Records. Community. These aren’t just words and phrases, they are some of the common words and phrases we use to describe the dividend income summaries for so many of you in the community each month! It is now time for one of our FAVORITE posts to write each month. For those of you that are new followers. Each month we summarize as many stories and dividend income summaries as we can because we love seeing the progress that everyone is making. It is infectious and it drives us to keep pushing forward and GO FOR IT. Now, it is time to check out our August dividend income summary from YOU the bloggers!
Nothing Matters More than your Savings rate. Now that I’ve been in deep on the journey to financial freedom, one learns quite a bit. From investing, making every dollar and hour count, to maximizing your investments to the highest level with tax efficient accounts. Additionally, I’ve learned the utmost importance of having an extremely high savings rate. One cannot do any of the items above if you spend all of your money!
Lanny and I are constantly writing about our pursuit of financial freedom. We invest every dollar and spend every extra minute we can side-hustling to allow us to break the shackles of the 9-5 (or in our case 7 – 6) jobs to pursue our dreams and focus on what makes us happiest in life. The dividend and side hustle income will allow us to cover our regular living expenses, take the pressures of working to cover these expenses, and unlock those shackles that are holding us back. That’s how you take back the control of your life. Today, I’m going to take a deep dive into one of the largest areas of my personal balance sheet. No, I’m not focusing on the assets for once. Rather, I am going to pull back the layers of our debt and discuss my plan for
reducing my outstanding obligations taking back control of my personal balance sheet.
The stock market has had some fun pullback as of late, and I’m all for it. There are quite a few things occurring from a macro level with the sudden tragedies of Hurricane Harvey and Irma, followed by other catastrophic storms occurring within the world. Even outside of those events, Amazon also is continually changing the landscape among retail and we are starting to see those that will thrive and those that are being negatively impacted in the short-term. Since I always have my ear to the floor to what companies are being impacted, I have decided to compile my quick, short list of dividend stocks that have caught my eye.
Our third installment of the Dividend Diplomats’ Side Hustle Report. Each month, the two of us publish a report showing how much income we made from our various “side hustles.” We talk all the time about how every dollar counts and can make a lasting impact on our journey towards financial freedom. Producing these reports helps hold us accountable and motivates us to keep increasing the number. Nothing excites us more than reading about another blogger that is pushing themselves to the limit, so hopefully our August Side Hustle Report can help us pay that motivation forward.
Where does time continue to go? Seriously, this month was one giant blur. Finally, my wife and I moved into our new house on the final day in August. In fact, this is the very first article that I wrote in my new residence! Life comes at you fast, that is for sure. With the movers gone, the furniture nearly set, I wanted to take some time to review my August dividend income and see how much our family’s dividend income has grown in the last 12 months. Let’s check out our August dividend income summary!