Welcome to my article on how to build passive income streams. Building passive income streams has been a major goal of mine for years. Since I started my first "real" job 7 years ago, I've been through 1 merger and 2 rounds of downsizing. This experience has shaped … [Read more...] about How to Build Passive Income Streams
July 2014 Dividend Income / Monthly Highlights
Here is my July 2014 dividend income. July has been another strong month and we are well on our way toward meeting our annual goals of increasing our net worth to $700,000, being mortgage-free in early 2015, and hitting the $4,000 in dividends mark. I managed to earn … [Read more...] about July 2014 Dividend Income / Monthly Highlights
Net Worth Update August 2014 : $646,182.38 (+1.90%)
Here is my net worth update August 2014. I like to track my family's progress through monthly net worth updates. To calculate our net worth, I add up all of our household assets and subtract any outstanding liabilities (ie. debt owing). The result is simply a snapshot of what … [Read more...] about Net Worth Update August 2014 : $646,182.38 (+1.90%)
How to Make Budget
This post looks at how to make a budget. Much of my success in saving money and increasing my net worth has to do with my monthly budgets. I mean I didn't just wake up one day and have a net worth of nearly 600k (in 2014). It takes a little planning, focus and discipline to … [Read more...] about How to Make Budget
Investing in Physical Gold
This article looks at investing in physical gold. Gold is the most popular type of bullion and it is trading well below its all-time highs of 2011. There are 2 ways to invest in physical gold. You can either purchase certificates or other financial products that … [Read more...] about Investing in Physical Gold