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Archive for July, 2017

The Impact of Rising Interest Rates on Finances

The following is a guest blog post:

 

Over the last year, there has been quite a bit of chatter about the Fed and its intent to raise the interest rate. The current state of the economy seems to the catalyst for the change, but not everyone is convinced an interest rate increase is in their personal best interest.

 

Many consumers are worried that an interest rate hike could negatively impact their financial situation – a natural response to what the media makes out to be a fairly big move away from low, relatively affordable rates. But there’s good news mixed among the gloom and doom of the Fed’s decision.

 

Here’s what you need to know about an interest rate hike.

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2017 Goal Update

Review and update goals about frugality, saving, investing, passive income, blog traffic, and travel.I can’t believe the year is already halfway over. It has been flying by. It has been so crazy busy lately, I’m running out of hours in the day. As a DGI investor, we love to look at our old months and compare our progress. Set a benchmark and strive to reach new milestones every month or year. I have been very up to date on those numbers and posts since they are everyone’s favorites, myself included. However, I noticed recently that I have not gone back to reflect on my goals. That is kind of a big deal. How do you expect to accomplish goals when you don’t review them? If you aren’t looking at them for months, you may even forget what goals you have. So I figured with half the year already in the books, I will take a moment to reflect and check the progress of my yearly goals.

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Dividend Update – June

June is officially over and with it, another quarter ending month and half of 2017. Crazy how fast time goes! It has been crazy busy lately around my household so hard to find time for anything, but it’s still nice to take a moment and stop to reflect on last month and its achievements. Quarter ending months are the things DGI investors live for. And they are some of our favorite months to report because they usually entail huge gains and dividend income. So I am pleased to present my June 2017 dividends!

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