The older I get, the quicker time goes by. Where did you go 2017? As we get to the final weeks of the year, it is fun to sit back with family and friends and reminisce on the good times we’ve had.
My wife and I bought a house in May, which is definitely our biggest accomplishment this year. This is a huge milestone to hit!
After getting married in 2014, we lived in my wife’s condo for almost two years. This was great, but I always felt like it was hers and not ours. Our new house is now a place that my wife and I can officially call our own. It has been such a blessing especially after living with my in-laws for 13 months. A few friends also got married and purchased their first homes — some in the same neighborhood as us. I certainly look forward to many get together’s and cookouts in 2018.
Lastly, I have enjoyed following along with other finance bloggers. Seeing monthly dividend income and net worth updates inspired me to start tracking my own. Now I am making my financial situation public to hold myself accountable and motivate others to become more aware of their finances. I want others to see just how easy investing can be. And you don’t have to have tons of money to invest. You only have to make your mind up that you want to start, and then take the first step.
Listed below are the dividends I received for both December 2017, followed by all dividends for 2017.
December 2017: I received $596.68 in dividend income.
This is a new record for me.
Of course, it’s important to point out that December is usually the highest month for most in terms of dividends received. But it is still really cool to see!
This is almost $600 I received for doing absolutely nothing.
The chart below shows my dividends received for all of 2017.
I received $2,583.53 for 2017.
This is money that many people miss out on because they are scared of investing. I’m a visual learner, so seeing the compounding in chart form with the numbers makes it even more clear how this compounding process works.
Time is on my side and I will continue to invest no matter what.
Below is the year over year growth for dividends received.
Until the end of 2016, I had only invested in mutual funds. I learned just how fun it could be to use my money to buy high quality companies that focus on paying a dividend to its shareholders.
For all of 2017, I continued to stay disciplined with my spending and saving. Also, working a side hustle helped me add extra money into investments.
I was able to increase my dividends by $1373.97 from 2016 and 2017. This is a 113.59% year over year increase.
I’m very proud of this and can see proof that my hard work is paying off.
Here’s to a fantastic 2017.
In the words of Eric Church, “One bourbon, one scotch, one beer, I’m havin’ a record year.”
– Money Hungry