Beer Money Dividends

Monthly Dividend Income
$53.20

The DRIP

The DRIP

Surprisingly, it was another good week. I thought it would be slow with the holiday, but I got lucky and just about doubled my goal. I earned just over $100 using Prolific, MTurk, and Connect. Connect is a new one for me, but it seems alright and it certainly can’t hurt to have different opportunities if the others dry up.

Just like last week, I probably won’t have $100 in my account on Monday because of processing times, but I’ll buy as much as I can with what I have. I added purchase history on my Assets page and updated my Income page with my earnings. I also updated my goals on the main page with completion dates.

I looked into it and Fidelity offers a DRIP on their brokerage accounts. DRIP stands for Dividend Reinvestment Plan. Basically any money I get from dividend’s could go right back into buying more stock. I turned it on and I’m going to leave it on – at the very least – until I reach my goal of $100 a month in dividends. I’ll add the dividends to my income once I start getting them and keep track of the fractional shares I earn in my assets.