So here are the numbers in graphical form:
Interest income for the year = $4,147.75
Dividend income for the year = $3,741.56
TOTAL Passive Income = $7,889.31
This works out to be $657.44 per month.
Not too shabby.
I remember a time when I had to teach tuition, 2 lessons of 1.5h each per week, to earn an additional $600 a month. This additional source of income can be entirely replaced already! (And indeed, I've stopped giving tuition as I wanted to spend more time with my two young children)
I will do a consolidation of my net worth soon.
3 comments
commentsWe are even now depending upon our productive cash flow pertaining to charges, consequently our aggressive cash flow moves towards the regular personal savings share, the idea even now thinks wonderful to view Passive Dividend Income your combined figures towards the end in the calendar year.
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