Income Report – March, 2016

March 2016, Dividend Monthly Income Report Infographic

 

I’m trying something new this month, my income report is now displayed via infographic below. People love pretty pictures and as a designer, I can do pretty pictures. What do you think of it?

Highlights:

I broke $70 once again! This is in large to my Cash Back Credit Card because I recently made some large purchases like a new tux (work thing) as well as nice watch. I try not to go excessive buying luxuries, but I when I do, I like to get something that last, much like my dividends.

I had a record number with my dividend income reaching $13.93. That is fantastic. That just proves if I could live off of $13.93 a month I could NOW retire. Unfortunately I can’t because I live in Denver, and there is just WAY to much cool shit to do.

I’m now testing that $13.93 I made from Dividends on a $6,000 portfolio vs the $3.30 I made off of Lending Club with a $300 portfolio. The lending club portfolio is roughly 12% which is so much better than my dividend investing portfolio. Let’s keep track of this and see how it continues to mature.

What’s Next:

  1. I recently had a random encounter with Mike Kilcoyne of “Embrace the Suck” while I was out the other night and man, this guy is awesome. While we connected on our entrepreneur spirit. He asked some amazing questions about Wallet Squirrel that I never thought to ask. Afterward I started to peruse his website and the articles & writing are fantastic. I’ve been going over his post the good part of this weekend. I know this random encounter and lessons discussed will improve the direction I want to take Wallet Squirrel in the future.
  2. I want to start incorporating more graphics into my post like the infographic above. I am a designer within the investing world, I have a unique edge on most dividend investors in the way I can graphically tell a story. I want to start developing this.
  3. Continue to build my audience. This website is both how to make extra money and invest those funds. I’ve been targeting dividend investors, but people wanting to learn how to make extra money would find value in Wallet Squirrel as well. I need to show them what I’ve done that works and doesn’t.

What do you think of the new infographic set up?

18 replies
  1. DivHut
    DivHut says:

    Breaking $70 for passive income from a variety of sources is nice. Great way to diversify that income stream. Nice to see your dividends continuing to roll in from solid names that we share. I still have not looked at the P2P lending world seriously though I know a few of our fellow bloggers use Lending Club, etc. Thanks for sharing and keep focusing on building that dividend income.

    Reply
    • Wallet Squirrel
      Wallet Squirrel says:

      Yea I haven’t came to a final conclusion about P2P lending, but I’m excited to continue to try it out. The only downfall I’ve noticed so far is that your investment isn’t very liquid. I can’t easily transfer it to cash if I needed to in an emergency.

      Reply
    • Wallet Squirrel
      Wallet Squirrel says:

      Thanks Amber Tree. I will probably do more of these in the future. I’m going to follow up on Investment Hunting’s advice and start a Pinterest page soon as well. Thanks for stopping by!

      Reply
  2. Derek @ MoneyAhoy
    Derek @ MoneyAhoy says:

    Very cool – your graphic for income looks 100% professional like it came out of a magazine or something. Nice touch! Also nice work on the dividend income. It is always fun to see that grow and grow each month.

    Reply
    • Wallet Squirrel
      Wallet Squirrel says:

      Thanks Derek, I’m freaking in love with dividend income. It’s the truest form of passive income I’ve come across.

      I’ve received a lot of great feedback on the infographic and I think I’ll create a few more of these in the future. =)

      Reply
    • Wallet Squirrel
      Wallet Squirrel says:

      Thanks Dividend Miracle, I’m really happy with the way they turned out and anticipate doing more of these in the future. It helps make Wallet Squirrel just a little bit unique in the Dividend Investing Community. =)

      Reply
  3. Dividend Diplomats
    Dividend Diplomats says:

    Wallet Squirrel,

    I like the clean infographics. They are very easy to read. I dig it. Congrats on the great month here! Looking forward to seeing how your income continues to grow and how your site develops!

    Bert

    Reply
    • Wallet Squirrel
      Wallet Squirrel says:

      Thanks Dividend Diplomats! I’m trying to break into the Dividend Income niche as a designer (architecture background like Pat Flynn), making things easily learnable and pretty. Let’s break the stereotype that Dividend Investors are just a bunch middle age white dudes who look at excel numbers all day.

      Reply
  4. Liveoffmydividends
    Liveoffmydividends says:

    WS,
    Thanks for sharing! Cash back on credit cards is always nice! I still don’t understand why some people are using cash and are so against credit cards. I have the venture card and alway get around 2 free trips a year from the sky miles reward program. Of course, I think of it as cash and pay it off every month.
    Keep it up!
    LOMD

    Reply
    • Wallet Squirrel
      Wallet Squirrel says:

      Thanks Liveoffmydividends! Yea I didn’t even know this was an option a year ago. I was so used to paying credit card companies and getting dinky “points”. Cashback is awseome! I know I was stoked when I found out about it, hopefully this helps a few people.

      Reply
  5. Dividendsdownunder
    Dividendsdownunder says:

    Congrats on the extra income achieved 🙂 Every dollar helps, having just had a quick peek at your portfolio, it looks pretty good.

    Good luck for the next month and the rest of the year.

    Tristan

    Reply

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