I feel like I am just stuck in a rut right now. A lot of exciting things are going on at the moment, and I know that I should be enjoying them. We finally closed on our house and the title is in our name. The thought of home-ownership was at one point a dream and now it is a reality. Now the projects begin. We have an apartment to pack, wallpaper to tear down, walls to pain, hardwood floors to re-finish, and other projects that will emerge at the blink of an eye. This should be fun; this should be exciting. But something feels off right now as I write this article from my hotel room. After sitting at the same looking desk that I have sat at so many times at every Hampton Inn in “you name it” city, it finally it me. The reason I am feeling off right now is not because of the volume of work that has to be done on my house, but rather, the fact that I will be traveling a lot for work over the next few months is having negative impact on my ability to complete these projects and even worse, my savings account.
Half of 2017 is in the books. Man oh man does time fly. I look forward to the first weekend of every month so that I can summarize my dividend income from the previous month. Summarizing my June dividend income, aka the third month of the quarter, is always a little more exciting since I get to include the dividends received from mutual funds. Enough talk, let’s take a look at how I performed in June compared to 2016.
After taking a month off from the series in June (unintentionally of course)…I’m back! Each month, I like to summarize which Dividend Aristocrats are expected to increase their dividend in the coming month. As die-hard dividend growth investors, the two of us take great joy in closely monitoring and tracking the changes in our dividend income and dividend payments of the companies we own and companies that we are watching closely. Typically, July is a slower month than June, but there are still some great companies that are expected to reward their shareholders.
We had an insane month of May, no questions asked. We bought a house, we attended a couple of weddings, and traveled to Boston for a graduation. A lot going on! If you recall, in what feels like forever ago by now, I wrote an article about how we were also going to have to purchase a car for my wife since her lease was set to end in May. So on top of all of it, we added buying a car to the mix! This time, something was different, we changed our plans at the last second and decided to purchase our first ever used car. Now, here is the “thrilling” story about one of my least favorite processes ever, buying a car.
You all know the drill by now, right? Every month, we try as hard as we can to aggregate dividend income summaries from as many of the other bloggers in the dividend growth investor community. There are so many great, inspiring stories out there that motivate the two of us each and every day. We do our best to include as many bloggers as we can; however, due to time constraints, we can’t include every blogger every month. It isn’t anything personal. Now, it is time to get inspired. Let’s check out our May dividend income summary from YOU the bloggers!
With the purchase of our first home, my wife and I are looking to find any monthly expenses that we can cut back on in order to offset the impact of our new mortgage, tax, and insurance payment. There isn’t a one size fits all answer or one expense that will magically offset this impact; however, we are going to do everything we can to collect a series of small victories to lessen the blow. We found one piece of low hanging fruit, our gym membership, and decided to take a look at whether the expense was necessary or a luxury.
My crazy month has finally come to an end. We entered the month in the middle of an intense housing search and left with an accepted offer. Still can’t believe we are going to be first time homeowners! My wife and I celebrated our one year anniversary Memorial Day Weekend as well. The beauty of it all is that while all the noise of my personal life is rolling along, my dividend stocks are quietly doing their work in the background. This is one of my favorite articles to write each month, where I review my monthly dividend income total, compare the results to the earlier period, and check my progress as I embark on this journey of financial freedom. Now it is time to dive into detail. Check out my May dividend income summary!