June Dividend and Side Income Update

earn extra incomeOne of my financial goals for 2014 was to increase my dividend income by continuing to invest in dividend paying stocks. In reality I have a mix right now of index ETFs and individual stocks that provide dividend income. In an effort to provide motivation for myself and to be accountable in terms of my stated goals, I plan on posting about my progress regularly (hopefully monthly, but we’ll see how that goes).

I’ll also include here updates on any side or passive income.

Summer is in full swing here and we have been trying to make the most of it. Our garden is just starting to produce some real results. As I’ve stated in the past, one of my goals this year is to make a little extra cash selling some of our garden vegetables. We are doing good with this and I’ll include a line for this in my July Side Income update. 

As I reported in my April Side Income Update, I was approached by a local colleague to do some consulting work (separate from my full-time job). I’m happy to report I finished this project up and it will add $3,500 to my side income for the month of July. This was a great opportunity and I’m hoping that it will lead to similar work that will hopefully provide a path into part-time consulting as part of my early retirement strategy. Continue reading

Posted in Earn extra income, Finances, Investing | Tagged , , | 11 Comments

April Investment and Side Income Update

earn extra incomeOne of my financial goals for 2014 was to increase my dividend income by continuing to invest in dividend paying stocks. In reality I have a mix right now of index ETFs and individual stocks that provide dividend income. In an effort to provide motivation for myself and to be accountable in terms of my stated goals, I plan on posting about my progress regularly (hopefully monthly, but we’ll see how that goes).

I’ll also include here updates on any side or passive income.

It’s at least starting to look like spring around here, if not feel like it. Today we have had beautiful weather for a relaxing Mother’s Day. Work continues to be busy for me, causing a reduced posting schedule on this site. I’m fine with doing what my time allows. With a full-time job and a family, I have to prioritize my time.

I did have an interesting opportunity present itself in April. I was approached by a local colleague to do some consulting work (separate from my full-time job). It will take me a couple of months to complete on a part-time schedule, but should bring in about $3,000 in side income! I’m pretty excited about this type of opportunity because I just think it opens up the possibility of doing more work like this on a regular basis. It may provide a segway into part-time consulting as part of my early retirement strategy, who knows? I’ll keep you all updated on the progress and will post the actual side income in one of these updates once the gig is completed (which should be by the end of July). Continue reading

Posted in Earn extra income | 38 Comments

Five Reasons Why You Should Start a Vegetable Garden This Year

start a vegetable gardenWe’ve already begun working to prepare our vegetable garden for the coming season. Those of you who have been reading my posts since last summer will know that my husband does an amazing job with our garden each year and we really reap the benefits of having a backyard vegetable garden. While having a garden involves some planning and work (sweat equity, anyone?), we find that the rewards truly outweigh the effort that goes in. If you don’t have a backyard garden, let me suggest that you give it a try. Here are five reasons why you should start a vegetable garden. Continue reading

Posted in Frugal Living, Garden | Tagged , , | 31 Comments

Would You Let Your Insurance Company Monitor Your Movements to Save Money?

usage based insuranceI guess the answer depends on how much money, right?

Auto insurance companies have been offering usage based insurance (UBI) programs for over a decade now and many in the industry see these programs as the future of insurance. So what is usage based insurance? Basically, the insurance company sends you a small device to install in your car. The device collects data about your driving habits as you drive and sends the information back to the insurance company. The insurance company can then use real-time driving data to set future rates. Continue reading

Posted in Cutting Expenses, Frugal Living | 21 Comments

10 Ways to be a Control Freak With Your Spending

I hope you enjoy the following guest post from Amy Matt. But first, allow Amy to introduce herself: “Hi Everyone! I am Amy Matt and I am a girl who views the world through a frugal lens. Financial independence is a true blessing and it needs to be adored. Drop me a line here.”

 

Why? Why control your spending? It sounds like too much of a hassle. Been there done that. Are there really any benefits? What kind? Prepare yourself, because these 10 bits of wisdom will change your financial destiny, and give you control of your money.

First You Must Understand

Financial success takes time and energy. It is not easy. If it were easy everyone would be financially successful, and in control of their spending. Since we have concluded that the norm is financial turmoil, we will proceed. Continue reading

Posted in Finances | 11 Comments

March Investment and Side Income Update

earn extra incomeOne of my financial goals for 2014 was to increase my dividend income by continuing to invest in dividend paying stocks. In reality I have a mix right now of index ETFs and individual stocks that provide dividend income. In an effort to provide motivation for myself and to be accountable in terms of my stated goals, I plan on posting about my progress regularly (hopefully monthly, but we’ll see how that goes).

I’ll also include here updates on any side or passive income.

We are still waiting for the warm weather to appear here in the northeast. I think it is supposed to hit 60 degrees tomorrow which will feel amazing. My regular visitors will notice that I haven’t posted anything in over two weeks. I’m not happy about it, but I’ve been extremely busy at work and just haven’t had the time to devote much here. But hopefully things will be settling down soon. Continue reading

Posted in Earn extra income, Investing | 36 Comments

Liebster Award!

Liebster AwardHappy Saturday everyone! I’m so glad that this week has finally seen the official start of spring. While we are still experiencing winter temps in the northeast, I take some comfort in knowing that there is an end to this miserable winter in site. There just has to be.

In addition to the start of spring, this week brought good news to this blog. Green Money Stream received two nominations for the Liebster Award from awesome fellow bloggers: Dee at Color Me Frugal and Mel at Broke Girl Rich. I’m just surprised and flattered that anyone would nominate me. Continue reading

Posted in Uncategorized | 33 Comments

A Guide to Freaking Out About Retirement Planning

stuart milesSometimes freaking out about something can be a good thing if it sparks us to take action on something we need to give attention to. Take retirement planning, for instance. Some people just coast along, perhaps saving money in an employer’s retirement plan and perhaps not, because retirement is years and years away. It may even be decades away.

So what’s to freak out about?

Well I’m here to suggest that we all freak out just a little bit about our retirement planning. Let’s have a sort of controlled freak out, at least until you’re finished reading this post. Continue reading

Posted in Retirement Planning | Tagged , | 37 Comments

Saturday Morning Personal Finance Musings

personal finance musingsThere have been some great posts this week discussing some personal finance bloggers’ philosophies when it comes to advising readers who are seeking a better financial picture. Charles, Andrew, and Ryan have contributed with particularly good posts. Andrew asked if personal finance bloggers are pound foolish by giving out advice that is common and seemingly generic to readers. The line that spoke to me in his post was “No, cutting cable television may not be a panacea for all financial problems. But we have to start somewhere.” I completely agree with this. Ryan expanded nicely on this in his post discussing the classics of personal finance and how small changes, like cutting cable or making your own coffee at home, can add up to larger savings. Continue reading

Posted in Finances | Tagged | 31 Comments

Rattlesnake Wrangling and 5 Other Side Hustles

side hustlesNow that I’m posting my investment and side income updates monthly, I’ve been looking at ways to generate additional passive or side income. For those of us living frugal lifestyles with a goal of financial freedom or debt repayment, we know that cutting expenses can only take us so far. Once you’ve cut unnecessary expenses from your budget and simpliduced your lifestyle as much as possible you may start looking for ways to grow your income stream.

Enter the side hustle.

Whether you are selling your old baseball card collection on Craigslist or walking dogs in your neighborhood, the side hustle lets you bring in a little extra cash to put towards your financial goals. Continue reading

Posted in Earn extra income | Tagged | 39 Comments