Hi everyone hope all is well with everyone. I’ve been a little quiet since my August 2019 Dividend Income post, so today I thought I would just update you on what I have been doing.
As you know if you read my August recap post that on the investing front I had a great and busy month with all of the buys, sells and record income (first time hitting $500 in August). On the personal finance front I did something pretty awesome I became DEBT FREE. It’s something that I had wanted to do for a long time. I achieved this by taking a couple of my paychecks and giving them to my parents to payoff my loan to them. So once that was done I only had my car loan left. To eliminate the car loan I decided to take money out of my emergency fund and payoff the car once and for all. Even though my interest on the loan was under 1%, I felt I needed to pay it off because of the job cuts that were going to take place in Sept.
September has been an expensive month for me. Every year there is a personal finance conference I believe it is usually held every September or October called FinCon. FinCon seems like a lot of fun and I tried to read as many recap blog posts as I could. I almost attended this year’s event in Washington D.C., however next year I have made the decision to attend which will be my very first time attending the event. Next year the conference is being held in Long Beach, California. As soon as I made the decision to go I bought my ticket for FinCon ($200 USD) and booked an AirBnb. So September spending has been crazy.
On the savings side I have been putting all of my money from my paychecks into my savings account to rebuild my emergency fund. As of September 20th the account is back up to where I had it in the summer. This was important for another reason, I may have to dip into my emergency fund soon as my union maybe going on strike with the government. For those of you that don’t know I’m a custodian and work for a local school board, how contract ended at the end of August. I won’t go into the details of what the government has offered us other than to say it’s pretty bad. We held a strike vote a couple of weeks ago and all support workers in Ontario voted 93% in favor of striking. Fingers crossed it doesn’t come to that!
Since all of the buys and sells in August I have been very quiet on the investing front. I have not made and buys or sells, I have been sitting back and collecting my dividends. Thanks to the drip program I have been able to drip new shares of some stocks. Also I have received some juicy dividend increases from Microsoft and Texas Instruments. Last week I was able to put $500 in my TFSA account and I thought I would be able to start making more contributions but I may have to hold off on that with the work situation.
Well folks that is what I’ve been up to over the last couple of months. Next week I will have a new post recapping the dividend income from September.
Thanks for reading!