As you have come to see from us Diplomats – each month we share our savings from the income and expense we have endured during the previous month. Our goal is to achieve 60% savings rate in an ever inflationary lifestyle from advertisers, television, peers and co workers. Though it is difficult, we know the combination of being frugal, saving and investing allows us to achieve our financial freedom goals faster, by still enjoying the benefits of life itself. Was I able to hit 60% this month? Let’s check out my income and expense summary from February!
Tag Archives: frugality
Itching for a Buy…Anxiety of a Dividend Growth Investor
It is Valentine’s Day and here I am wondering/thinking – wow, it’s been almost two weeks since I have made a stock purchase. My last purchase was another small investment using a free trade credit into IBM and it was a small – $547.00 investment at that. It hasn’t been a full two weeks, looking back, as the trade happened on February 3rd (I didn’t write about it, it was very minimal to my eyes) but when you are used to making almost weekly purchases, the dividend growth investor anxiety kicks in.
Bert’s Savings Rate Summary: January
I think I have said this in every article I have written this year….I can’t believe how fast time is flying. We are through one month of 2015 already. It seems like yesterday I was just writing a post about my goals for 2015. One of the most challenging goals was to defeat the Dividend Diplomats’ Savings Challenge 6 times this year! Did I move one step closer to accomplishing this goal after January came to a close? Let’s find out! Continue reading
Lanny’s January Income and Expense Summary
This month I wanted to make sure I had a timely article to reflect the income & expense summary, as December’s wasn’t posted until almost the end of January! Another month has passed, another month where I ask myself… Did I hit the 60% savings goal with my income and expense tracker? Did I hit the big mark that I set for myself back in August 2014 when I was discussing why I am aiming to save 60% of my income? Let’s dive into the income and expense analysis. Continue reading
Bert & Lanny’s Dividend Income Summary October
Another month down in the dividend income books. Monthly I will evaluate and show the results of which companies paid dividends, progress towards the year and comparison to the past. This is a great way to track my dividends to see if I’m on pace for financial freedom. We are changing it up going forward to have both Bert & Lanny’s dividend income summary into one post – to save on postings/focus for the month. This hopefully allows readers to also track and compare Lanny vs. Bert and who is dominating who in the dividend income playing field, isn’t that right BERT?! Now onto our October dividend income results! Time to step up to the plate
Bert’s Savings Rate Summary: October
Last month I decided to take a plunge and accept the Dividend Diplomats’ Savings Challenge which pushes us and any brave reader to save 60% of their monthly income! This month I am going to try a slightly different method of displaying my savings rate. Last month, I listed the dollar amounts for each category used to calculate my final ratio. However, this month I am going to experiment with a new format (much like Lanny’s) and list each expense category as a percentage of total income for the period. With that being said, it is time to calculate my saving’s ratio for the month!