Passive Income for July 2017

ID-100438362-300x300 Passive Income for July 2017Once a month I like to talk about my total passive income for that particular month. I do this to track how much is coming in. Once I get over $2000 a month in passive income, I will be in a great place. $2000 is my crossover point and at that point, it would be enough to cover all my expenses.

Here we have my passive income for the month of June.

Taxable Account: $191.91

Retirement Account: $62.47

Rental: $700

Total: $954.38

I updated my Passive Income page.

So I did not cross the $1k level, but that’s ok. I think this will be the last time under $1000 in passive income (Fingers crossed). As usual, my tenant has been great. You can read more about my rental property as well as the situationHe continues to pay the full amount and on time.

My dividend income was weak this month, however, it did grow YOY by 10.07%. So even though the dividend income was low, it was higher than last year. Heading up in passive income is the direction you want to be, so that’s where we are heading.

I have a few stocks that I am buying this month so make sure to follow me to stay updated.

Thanks for reading.

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How was your month for passive income? Met your goals?

Image by Sira Anamwong at FreeDigitalPhotos.net

Comments

  1. I, too, have $2k as my passive income ‘FI’ level. I’m new to your blog but is the $700 on the rental your total income, or what is left over after paying the bills and putting some aside for future repairs?

    • Hi MrDounlingDollars, thank you for visiting my site. My rental income is the total income from rent. I live with my tenant so I don’t think subtracting the other costs applies in this situation. Check out the link in the post where I go more in detail of the situation.

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