Browse Tag by passive income
Financial Freedom, Financial Journey, Financial Planning, Lifestyle, Retirement Planning

May 2017 Non-W2 Incomes Report

Hello readers. Even though it’s not officially summer, it seems like that’s what’s been on everyone’s mind around here. Pool and BBQ parties are in full swing. I briefly looked at upcoming free family events in the city and there are some great ones I plan taking my daughter to this month.

My family and I recently came back from a week-long vacation by the Gulf of Mexico. We spent half of our time in Port Aransas (Mustang Island and North Padre Island) and the other half in South Padre Island (including Port Isabel).

What’s my impression of the Texas coast (several years ago, I also visited Galveston and Rockport)? My view is pretty biased considering that I’ve lived in the California coast for over a decade and have visited some amazing beaches and seen beautiful water in other parts of the world. There’s not much to say about the Texas coast other than it is a good place that tides me over (my craving for beach and sun) until our next vacation to the French Riviera (or other parts of the Mediterranean) or Hawaii.

With that said, I did enjoy my time there. We visited a different beach every day, playing in the sand and putting our feet in the warm gulf water (a very good surprise!). It was a very slow-paced vacation, which was very different than most of the other vacations we’ve had. There wasn’t much else to do other than heading to the beach which was precisely the part that made this vacation very relaxing. We took our time enjoying hour-long breakfasts, meandering along the beach, soaking in the sun and building sandcastles. We also took the time to watch the sunset and go on short cruises.

Of the 8 years that my husband and I have been together, we’ve probably traveled 20 times together. And this most recent trip was the easiest and most relaxing…relaxing in the sense that time didn’t matter as there was no set itinerary.

When we arrived home the following day, we reviewed our finances. And below is a summary of our May 2017 Non-W2 incomes report. The total amount is very similar to that of April 2017. Neither my husband nor I received any dividend/interest payments in our Roths. You’ll also notice that I took out the row tracking “Her 401(k)” and added in a new row now tracking “Her IRA”.

may income report

We started tracking these numbers back in December 2016. You can view our past reports and why we’re doing this here. We use Personal Capital, a free financial tool, to track our net worth, view our investment performance, analyze our asset allocations and project our retirement goals. I wrote a comprehensive review of Personal Capital on another post. I encourage you to check it out.

This is it for now. Thank you for stopping by. I’m looking forward to our June numbers. According to my husband, June should be a great month for us. We’ll see. As stated before, this is the first time we’re tracking our non-w2 incomes systematically over a period of time. 

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Financial Freedom, Financial Journey, Financial Planning, Retirement Planning

April 2017 Non-W2 Incomes Report

This post brings you another snapshot of our non-W2 incomes reports. We started tracking these numbers back in December 2016. You can view our past reports and why we’re doing this by clicking here.

If you’ve been reading our incomes reports, you might’ve noticed some patterns: the total amount vary from month to month and that some accounts do better in certain months than others. As such, it would be very difficult to structure our financial life around these numbers on a month-to-month basis. Once we have a full year of tracking, then we’d have a better idea.

April 2017 non-w2 incomes report

The total amount in April 2017 was $2,098.83. This number is a little misleading. I did a 401(k) rollover in mid April (you can read about my experience here) and decided not to track the dividends/interest payments until May.

My Roth account didn’t receive any payments. I only have a few stock tickers in this account. On the other hand, the financial coaching income resumed. My husband recently started working with a new client. He’s currently accepting new clients. Let’s connect if you’re interested in the financial coaching he provides.

This is it for now. Our goal is to get these reports out during the first week of each month. Now that we’re mostly settled into our new life routines, we’re making this a goal once again!

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Financial Freedom, Financial Journey, Financial Planning, Investment, Lifestyle, Retirement Planning

March 2017 Non-W2 Income Report and First Quarter Recap

You can go here to read about why we’re sharing our non-W2 incomes on the blog. And you can visit this link to see our past non-W2 income reports.

As anticipated, March was a very great month for us. We received a total of $5,249.31 in non-W2 income. Our international stocks (many of which pay out dividends in larger amounts once a quarter) were responsible for the big jump.

march 2017 non-w2 income report

This month’s number plus the January 2017 and February 2017 numbers have brought our first quarter non-W2 income total to $8,906.89. The monthly average is $2,968.96. With our monthly expenses being around $4,000, this monthly average covers about 74% of our expenses.

We anticipate this percentage will be a little higher by the end of the calendar year. Some of our investments have large dividends/interest payouts bi-annually or annually. Additionally, we continue to make new contributions to most of our accounts. We’ll see as we continue to track these numbers.

April’s chart will look slightly different as I recently did a 401(k) rollover.

We use Personal Capital, a free financial tool, to track our net worth, view our investment performance, analyze our asset allocations and project our retirement goals. I wrote a comprehensive review of Personal Capital in another post. I encourage you to check it out.

Like what you’ve just read? Sign up for my free weekly newsletter to receive new post updates. Posts have been very sparse lately as my family and I are adjusting to a new lifestyle. I hope to resume posting two to three times weekly starting in May. In the meantime, feel free to connect with me on Twitter or Facebook. As always, thanks for reading.

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Financial Planning, Investment, Real Estate Investing

Real Estate Niches and Strategies

Year 2016 was a year full of financial learning for both my husband and I. Early this year, we learned the importance of financial planning (which I talked about in this article). Towards the close of the year, we learned about the importance of having a business plan when investing in real estate. Part of getting started on real estate investing is to first decide on a niche (or two) to get into and which strategy to use to build wealth.

real estate niches and strategies

Real Estate Niches

When I started researching on real estate investing, I was only interested in single family homes. I was aware of other investors buying up small and large apartments, commercial real estates and notes (the buying and selling of paper mortgages). However, my husband and I never paid much attention to those kinds of real estate investing. These types are only for investors who have lots of money. Even if we have the cash or leverage (securing loans), my husband and I aren’t interested in venturing into that kind of large scale risks or work. We’re looking for something much smaller in scale and more manageable. As I wrote in the previous article, we aren’t looking to become multimillionaires through real estate investing. We are interested in portfolio diversification and additional stable monthly cash flow.

Small Multifamily Properties and Their Appeal To Us

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Financial Planning, Investment, Real Estate Investing

Real Estate Investing: Building Our Monthly Cash Flow and Passive Income

In the upcoming year, on this blog you’ll be seeing many articles on real estate investments. It’s a new investment area my husband and I are planning to venture into. There are some things we already know about this asset allocation, but we have a lot to learn, too. We plan to share our research and adventures with you along the way.  If real estate investments are in your horizon either now or in the near future, we hope this series will be useful to you as well. Through rental property investing, our goal is to build our monthly cash flow while increasing our passive income.

cash flow passive income

Passive Income

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