Every month I try my best to compile all the income and expenses that I occur in my pursuit of building and living the passive income lifestyle and please understand that I didn’t get to where I am overnight or through miracles – it is an ongoing progress, and has been a long road filled with lots of hustle and my fair share of mistakes.
And yet, through persistence and passion and continuous focus for progress, I’m slowly and surely building something amazing for myself, my family, for you to learn here in NigelChua.com
PASSIVE INCOME INTERNET BUSINESSES (PIIB): USD -17.02
Xtend Life Natural Health Supplements USD$ USD$ 7.88
Ugh, my online business income is lower than my expenses, so it's gone into the negative territory (- USD17.02) so that means I've made a loss online in February 2017.
On the other hand, my dividend income is higher this month compared to last month (SGD 556.80 in Feb 2017 compared to SGD 0 in Jan 2017), so that's a nice even out.
That being said, I cannot be complacent about my online business just because I have my dividend stocks and my offline business. Frankly speaking, I'm writing this much delayed article on 18th March 2017, much much later than I planned to (I usually write my monthly income reports upon receiving SGX monthly summary) but I can foretell that this will happen more often especially in 2017.
The main reasons for this is:
I do not aim for these two to be excuses, but they're reality to me. Fatherhood takes up a lot of time, and now with a 2+ year kid and a newborn, a lot more time and effort is required. Same for the bond ending this year.
My next goals are to