Once a month, I like to talk about my total passive income for the previous month. I do this to track how much passive income is coming in. When I start to receive over $2,000 a month in passive income every single month, I will be in a great place. $2,000 a month is my crossover point. At that point, that money will be enough to cover all my expenses.
The best way I keep track of my dividends and other income is by using Personal Capital. I highly recommend that you sign up and start using their service. It is entirely free and beneficial.
Taxable Account: $1,268.68
Retirement Account: $134.79
Rental: $750
Total: $2,153.47
I updated my Passive Income page for the month.
Passive Income Report
My biggest month yet! (That’s not December)! I am thrilled about how the month turned out. My taxable account an increase of 52% Year over Year (YoY) compared to June of last year. Of course, most of this growth is because I invested almost $60k in March and April.
The retirement account also saw a nice increase in YoY of 27%. I do not put new capital into this account, but the account continues to grow organically. This is the reason why I love dividend growth stocks!
Rental income continues to hum along with no issues. My tenant continues to pay me on time and sometimes a day before the due date. I love it!! 😀
Overall, I am delighted with the income report for June. I hope you guys had a high-income report as well!
How was last month for you? Hit a new high in passive income? Please let me know; I hope you did!!
Thank you for reading
Image by Sira Anamwong at FreeDigitalPhotos.net
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