August 2020 update

Another month has come and gone and my progress toward financial freedom continues at a better than expected. I continued to stick with my budget and spending less. My savings grew this month to $3,300. My retirement savings grew a lot this month to $96,500. My top 3 holdings are Microsoft, Tortoise Acquisition and Verizon.Continue reading “August 2020 update”

May 2020 update

The journey continues. This month my savings decreased to $1,500 due to paying down debt. My retirement savings increased to $83,500. My net worth improved to -$22,350. I received $96 in dividends this month. It is very encouraging to see my passive income stream growing. I continue to work on figuring out my investing strategy.Continue reading “May 2020 update”

April 2020 update

This was a really good month. My combined 401k and IRA retirement savings grew to approximately $80,000. I continue to learn more about investing. I still do not have a solid investment plan. I am leaning toward dividend investing. I looked at several Dividend Aristocrats and added some to my portfolio such as Emerson Electric,Continue reading “April 2020 update”

January 2020 update

By the end January I had started to see some improvement in my finances. Admittedly, the progress was small but I was excited to be making progress in a positive direction. My savings increased from $546 to $794 which included to opening of a high yield savings account. My retirement savings increased from $69,644 toContinue reading “January 2020 update”

Taking charge of my financial life

Towards the end of the 2019 I began to really look at my life. A made a major decision to leave my job of 14 years. I was working too many hours and under a lot of stress at work which was having a negative impact on my life. The commute to and from workContinue reading “Taking charge of my financial life”