Last month was my best payday ever with a dividend income of $766.38 for December. That put my year total to over the 6G mark that I was pushing hard to hit. Let’s take a look at January.
This year, my goal is to smash $8,000! It’s a pretty lofty goal and I figure I need to save around 50 grand of new capital to hit this mark, based on a 4% dividend on new purchases.
$50,000 will be around a 70% savings rate. I’m not going to lie, this is going to be extremely difficult. A family of 5 on a single income with children in every activity known to man, we shall see…
January Dividend Income
For the month of January I received dividends from 14 different companies (and 1 company twice):