The Dividend Family Guy

Budget Organization Some time ago I read a book (Name has been lost to me) that aligned how you use your money into five categories. If someone knows where this model came from let me know so I can give the person credit please. These categories fit into how most people could divide up their income.  I used to go overboard and categorize every expense in Quicken. This led to a messy budget I never adhered to. Last month I decided to start putting all expenses into one of these categories. That would be my budget going forward and hopefully help me save more. Let's take a look at each one and then I will share with you my target for each category. Fixed These are your needs. Certain essential items such as food, clothing, utilities and a roof over your head. I will go into more detail later on that roof piece. That is always a hot topic between my wife and I on our housing choices over the years. I even place things like diapers and basic necessities into this category...

After working, getting the kids to the dentist, working some more, cooking dinner, playing with the kids, bathing and getting them to bed, I had a few minutes this evening to add a page to my blog.  It is dividends I have been receiving since I purchased my first stocks way back in 2010.  Do not laugh to much at my initial years.  Some money reinvested into more stocks that pay dividends year over year is better than no money.  In some future post I will go over what stocks are generating these dividends.  I will say that in 2010 I new nothing about investing and just purchased some stocks I read about in an article.  Not such a good choice but I haven't sold them yet.  Maybe after taking a closer look at my portfolio with you I will be able to send some of those stocks packing.  It is late and I have to get up early to go work at a JOB.  Just saying that word makes me want to save more money.  I will go into more detail in the future....