Once 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: $451.54
Retirement Account: $78.81
Rental: $700
Total: $1,230.35
I updated my Passive Income page.
What a great month for passive income. $800 more to go for my crossover point. I really believe that in a year or two I will start getting some months over the $2000 point. The goal is to average at least $2000 a month. Not sure how long that will take but I will continue to push towards that goal.
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How was your month for passive income? Met your goals?
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Nice results. I see your rental also contributes a lot to your monthly total. Keep it up and you will hit that $2000 mark in no time.
Ooh yes. My rental is my big money maker. I think next year I will hit that mark. Hopefully 😀
Solid month! Slow and steady wins the race. You will be at 2000 before you know it. Keep up the good work.
AAI
Thanks Brent! Just like you said slow and steady. Thanks for stopping by.
Wow very solid dividend income for the month of June. Congrats!
Thanks Tawcan. Just trying to grow it every month!!