January Passive Income
Our January passive income had a fantastic increase year over year. This was also the first year we had a cash back credit card. Most people hate seeing their credit card balance in January, this year it put a big smile on my face. Free money!
January 2017 Total – $59.42 (808% increase yr over yr)
January 2016 Total – $6.54 (Previous Dividend Income)
We also Received $250.00 Cash Back from my credit card this month. I consider this passive income because we did nothing for it. This was my first year of having a Cashback Card, I highly recommend you make the switch. ($250 is the max my card gives per yr) Remember to pay the balances off before you get charged interest each month.
Totals for 2017
- Dividends Year To Date Total – $59.42
- Other Passive Income Year to date – $ 250.00
- Total Passive Gains for 2017 —– $309.42
- Year End Goal – $2000.00 ——–%15.47 so far
We increased our net worth 24.73% over last month (big increase in value of house, I only update rough value of house at beginning of year)
$1000 Contributed to our emergency Fund.
- 20 shares of Qsr ( Restaurant brands International) for $1306
The 1.4% dividend sucks, but burger king is my favorite fast food and Tim Horton’s is a cash cow. There are always lineups at the drive thru
- 29 shares of Bei.un (Boardwalk reit) for $1401
4.7% dividend is nice and decided to get some residential real estate if rates go up they can raise their rents faster then long term leases