My Passive Income for 2019 – Portfolio Dividend Yields!

I’ve got great vibes for blogging at the end of the year. It has been the 3rd year since I’ve been tracking my financial health, and the 3rd year’s always a charm. I guess it has become more significant now what style of investing I am more comfortable with, which is why I decided to start the year-end blog posts with my passive income. I’ll give the readers a little headstart at Miss Niao before they scout around at other financial bloggers and check out how they are doing. And well, because the passive income part of my portfolio is more predictable in terms of numbers, rather than something like my expenses that varies every month.

So I was scouring through my past blogs and it took me like 5 seconds to find my FY2019 goals. Hmm, I wonder why that was so. :p Anyway, just a recap. Continue reading “My Passive Income for 2019 – Portfolio Dividend Yields!”

My Financial and Expense Report (2018)

Many of my friends around me think that I have this secret obsession with money. They know that I track my expenses on a daily basis and can never understand how I can bring out the time to do so. The reason is simple – I make it a priority in my life to achieve financial independence, and there is no other (better) way I know to achieve that – by reducing my expenses and increasing my income. And the only way that I can reduce my expenses is to know what I’ve been spending my money on.

I don’t want any of that precious stuff to go to waste.

Everyone does their budgeting in their own way. The ultimate goal for me is to save as much as I can, without sacrificing some of the values I have in life. Being able to save, really, is one of the basic stuff that you have to do in order to increase your net worth. And then once you have money, you can use it to make more money.

For 2018, I have decided to split my financial report into two sections. Continue reading “My Financial and Expense Report (2018)”

Increasing cash flow for yourself

Asian engineer power yo!!!! :p

The idea of increasing cash flow for yourself is to have multiple streams of income from different places. An interesting point that I would like to highlight is that one of the sources of his income actually comes from credit card points. In Singapore, I guess a more common term that we use would be “rebate”. The reason why I chose to talk about this is because this is something that I think everyone can leverage from. Continue reading “Increasing cash flow for yourself”

Passive income of $3000 per month – How did I arrive at this number?

Yay! Another blog entry with Excel again! I’m telling you, this obsession with spreadsheets of mine is really hitting through the roof. BF has been complaining about the number of Excel sheets that I have and requested me to consolidated all of them into 1 master sheet.

Oh well. Guess it’s his fault for dating an Engineer. LOL.

Anyway, I previously blogged about my personal financial goals and one of them was to achieve a passive income of $3000 by age 40. You could be on two ends of the spectrum.

Continue reading “Passive income of $3000 per month – How did I arrive at this number?”

Passive income isn’t THAT passive

You’ve heard the rave about passive income. You probably Googled “How to make passive income” and “ways to get passive income” before chancing upon this blog.

I’ve been there, done that. After going through many articles and YouTube videos, I am only able to conclude one thing. And I’m about to tell you the sad truth.

Passive income isn’t THAT passive.

Well, majority of the ways at least. What do I really mean by that, anyway? It’s simple. You can’t just get more money by not doing anything. You have to do something. And you have to know what you are doing. Otherwise, you wouldn’t get too far, and your money won’t grow at the rate you want it to.

Let me provide you with a few examples.

Continue reading “Passive income isn’t THAT passive”