Income update

Income – June 2012 Update

It was a decent month for income for me! I definitely enjoyed the dividends as the second quarter wrapped up. I know it’s a bit late in the month, but every quarter, I have to wait for one of my statements to come in the mail. Some might find this inconvenient, but I find it […]

Income –May 2012 Update

Tough, tough, tough month for me. Especially since I couldn’t buy any of the ETFs that were on sale!  So my income for May was as follows (rounded to the nearest $10): Active income: $370 Interest income from my savings: $50 Cash back from my MBNA credit card: $50 Dividend income from my investments (other): […]

Income – April 2012 Update

This month was better than last month with respect to active income. Definitely not in regards to my passive income, though. So my income for April was as follows (rounded to the nearest $10): Active income: $800 Interest income from my savings: $50 Cash back from my MBNA credit card: $50 Dividend income from my […]

Income – March 2012 Update

This month fared much better for me than last month! So my income for March was as follows (rounded to the nearest $10): Active income from financial consulting: $100 Interest income from my savings: $60 Dividend income from my investments (other): $850 Dividend income from my investments (stocks): $250 Total income: $1,260 Some notes on […]

Income – February 2012 Update

It continues to plummet! AHHHH! Next month should prove to be much more fruitful (and interesting)! So my income for February is as follows (rounded to the nearest $10): Active income from financial consulting: $100 Interest income from my savings: $70 Cheque from my MBNA credit card: $50 Dividend income from my investments (other): $0 […]

Income – January 2012 Update

In retrospect, I might have been better off posting a 2011 income summary instead of a December summary, since December is definitely not the norm for my portfolio. I need to manage expectations better! At the very least, it has started friendly competitions which I am pretty excited about. We will see how 2012 pans […]

Income – December 2011 Update

Income can be earned in two forms: active and passive. Active income is money you earn during your job; you have to actually be working to receive the money. Passive income, on the other hand, is earned by the money you have invested (cash, stocks, etc.). Even if you are not working, this money is […]