Comments on: Monthly Expenses Report: May 2021 https://www.mydividenddynasty.com/monthly-expenses-report-may-2021/ Minimalist, Capitalist, Dividend Growth Investor. My Journey to Financial Freedom. Sat, 11 Jun 2022 22:57:26 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: My Dividend Dynasty https://www.mydividenddynasty.com/monthly-expenses-report-may-2021/#comment-2390 Sun, 13 Jun 2021 02:17:34 +0000 https://www.mydividenddynasty.com/?p=1936#comment-2390 In reply to SavyFox.

Thanks SavyFox! Save, invest, repeat is the 3 step process to financial independence. It is great to see the snowball grow and grow. 🙂

]]> By: SavyFox https://www.mydividenddynasty.com/monthly-expenses-report-may-2021/#comment-2389 Sat, 12 Jun 2021 12:52:47 +0000 https://www.mydividenddynasty.com/?p=1936#comment-2389 Hey there
Congrats on your strong savings rate which stands at the core when one wants to build a powerful stock portfolio. You nailed it: “More money saved means more money to invest. The more invested means that money is working for you”. In order to bring the compound effect to work, the first thing is to save systematically. It’s fantastic that you already have such a high percentage of your expenses covered by Passive Income. You are well on your way, my friend!
Keep it up

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