Dividend Paying Stocks: $10-50/month
Netflix has gone from an entertainment luxury purchase to pretty-darn-close-to-a-necessity for keeping kids occupied. Don’t judge.
They charge us $13.99 a month. We’d pay more.
One easy way to mentally cover small expenses like this is to buy shares of dividend paying stocks, like ATT. With a current forward dividend yield of $2.08 a share (annually), it would only take around 80 shares to cover your annual Netflix habit.
Go Curry Cracker calls this the “free coffee for life” plan, and it’s easily my most passive income stream.
If you don’t have a brokerage account, M1 Finance is a great (and free) modern platform. Alternatively, Robinhood lures users by giving you a free share of stock (up to $225) when you join.
Looking for better yield? Here are some interesting alternative investment options.
My latest “dabble” here is BlockFi, which pays strong yield on cash/stablecoin deposits.
