22 percent interest cash flow income passive

It’s more than just the cash flow…

22 percent interest cash flow income passiveOver the last week I’ve been checking out a bunch of other financial bloggers and I’ve come to realize, cash flow and passive income is great, but what’s better is “WHAT” it buys you.

For some people that might be fast cars, big houses and parties every night, but really for me the big win is FREEDOM, the freedom of TIME that the passive income provides. A good friend of mine once told me, “I’m not afraid to lose money in business, I can always make more money.” But the thing we can’t get back is TIME – time is really what I want.

As I read a lot of the finance blogs, my own included, there’s always a bunch of talk of increased earnings and price valuations, what the market is going to do now that we’re in an election year and on and on.

At the end of the day though, the real goal for me is to increase my cash flow so that I can spend more time doing the things I enjoy without having to worry about the “responsibilities” of life (taxes, mortgages, insurance, etc…)

For now, more freedom means I get to spend more time with my kids before they go off to college in a few more years. Time spent helping their teachers at school, the coaches on their softball and track teams and just being “present” in their lives. I know this time for my kids is short and I don’t want to miss it working a 40-hour-a-week job. That’s why passive cashflow is important to me.

In the future I hope to spend more time traveling (Europe, South America, Cruising, etc. ) with my wife . But for now, I get to live vicariously through the blogs of some of my new found writers. Take a look at few I’ve listed below, I think you might enjoy seeing the ways they’ve created financial independence to gain more time and freedom in their lives.

Finally, what about you? Leave a comment or drop me a line  – how are you building financial independence in your life? What steps are you taking to fulfill your life passion? Why is passive income important to you?

Here’s a short list of some of my new favorite “Financial Independent” bloggers:


January 2014 DDI Income Report

Weekly DDI Income Update – May 16th

Weekly DDI Income Update – Week of May 16th – $4134.88

One of the motivations for writing this blog is to track my progress in building thmassive dividend increase 30 days passive activitye DDI portfolio over a long period of time. It’s interesting to look back and see how far the portfolio has come.

I was just reviewing a post from November 2012 where I was so excited to have $623.77 in monthly income! Hey, 600 bucks is nothing to sneeze at, but I’m way past that now with a current monthly goal of $2000/month.

A little over a year ago, before oil started to slide in price, the DDI portfolio was hitting between $2000-$2400/month, but since a good deal of the DDI income comes from oil royalty stocks (SBR, CRT, BPT, etc…) the income has taken a hit. So I’ve been trying to shore-up the income stream with some other diversified holdings while waiting for oil prices and the royalty stocks to recover.

The good news is that oil has bounced back from the low $30/bbl range and is now closer to $50/bbl which should help the DDI income stream start to recover.

In the mean time I’m continuing to monitor the weekly income and add to the portfolio when I have excess cash to deploy.

Weekly Totals

For the week of May 16, 2016 the DDI portfolio had 11 income paychecks with payouts on 4 out of 5 days! The total payout for the week was $462.88 in cash + 100 shares of Alliant Energy (LNT) worth $36.72/share. While I’m not planning to sell the Alliant shares now, the total cash payout is equal to $4134.88!