The FIREport
The Top Three Wealth Indicators
💰 My dividend income increased from $1,297/month to $1,309/month
♟️FIRE Strategy—Ranking the top three wealth indicators you should track
📈 Read my investment publications
Financial Independence Retire Early (FIRE)
I’m building financial independence by owning my income through stocks, real estate, and private businesses. Join me in using my budget template to offset one bill at a time with passive income from dividends and pave the way to financial independence.
This week saw a $12/month increase in my dividend income from $1,297/month to $1,309/month, with an average portfolio yield of 7.26%. I’m currently buying $50/day each of SCHD, DGRO, and BTCI. The majority of my monthly income is coming from BTCI and will continue to until I accumulate one Bitcoin’s worth. This way I can make money on my Bitcoin rather than just holding it indefinitely. Next week, I may consider acquiring another 100+ shares of BTCI in my dormant HSA to help pay for eye care and get closer to owning one Bitcoin!
My summer property taxes are still the next bill on the list to be offset with dividend income. Property taxes are the most stressful fixed expenses and also, the most expensive in my case.
FIRE Strategy
Check out this video ranking the top three wealth indicators you should be tracking every single month. If you want advice on your budget, debt management, and financial plan, text me on Minnect using the link below.
Download my budget template if you’re looking to:
Build an accurate budget.
Gain a deep understanding of your personal finances and estate.
Become Financially Independent Retired Early (FIRE).
Why it beats basic spreadsheets and the budgeting apps:
Forecasts your cash flow, budget, and savings.
Run a report for just you, just your significant other, or for both of you combined, with the click of a button.
Account how your bills affect your budget by the frequency they’re actually paid.
Quantify what your bills are worth in terms of invested assets to FIRE or retire.
Investment Publications
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