Welcome back! After the first two posts, I can see now the heat coming from the articles and the insight that individuals are also providing through their comments. We all want to save on taxes, reduce the liability, invest more money and keep more of that money, which we earn through our sources of income. Here we are… Part 3 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 and the second portion of the strategy led to tax savings of over $1,000 MORE! However, as you guessed it, it does NOT end there.
We all want to make money, and it’s even more fun to make money on the side. Have you ever considered side hustles at home? Ever look around each room and ask yourself, do I still use, need or know what “that” is even for? How many of us have old phones, computers, TVs, clothes that are bursting out of the seems of the walls, within the place we live? This article drives to talk about how create side hustles at home and enjoy the benefits. Benefits, such as, the way to clear out the clutter and put extra capital in our pockets.
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!
It’s only right so say — WE ARE HALF WAY THROUGH THE YEAR!!! On top of that – my Cavs won the NBA Finals and our first championship in 52+ years AND the Tribe are CURRENTLY on a 14 game win streak. Cleveland could not be on any more fire than they are right now. What about my portfolio? Can it keep up with the heat that Cleveland as it’s aura? Did my Dividend Portfolio spit out the best income it’s ever had? Well, let’s find this out and see if I hit some big targets!
Here I am sitting on a Sunday early afternoon, thinking of what post to write. I am currently updating my actual expenses for the month, after coming home from the Grocery store, where I spent $27.76. I looked at my portfolio, reviewed articles online, took a sip of my coffee and thought, what the heck am I doing? What is in my surrounding to inspire me to write a post that can attract readers, get people interested and showcase a passion of mine. I looked in the mirror as I was brushing my teeth and noticed the grey in my hair. Then.. it hit me.
Here we are. June of 2016. It has been a very big year thus far and I have climbed another rung of the illustrious ladder that we are all holding. The steepness to the ladder and the climb up is definitely hard mind, body and soul – but this was never supposed to be easy, and what is the point of going for something if it isn’t a hard road? This has definitely been worth it and I have learned a vast amount of information and simpler techniques on the way… Yes… you read the title correctly, this month events and activities have allowed me to Crush through $7,000 in projected dividend income!