What Did You Do With The Money From Your Wedding Reception?
Mey here blogging about the interesting question What Did You Do With The Money From Your Wedding Reception?
…on your wedding day how much money did you get from gifts from your guests?
…what did you do with that money?
…did you buy dishes and appliances?
…did you put it in a joint savings account?
…what if you I told you that we invested that money and now we get paid monthly from that initial investment and I’m going to tell you how to do it too?
How We Made Our Wedding Money Make Us More Money
…Jomel and I got married on August 12, 2012 and we had our big wedding party at the end of October of that year…
…so we gathered up some cash from the party, and it was about $5,000 total…
…I discussed with Jomel and we decided to take that money and invest it for dividend income…
…so we opened a joint brokerage account and then started investing in ARR (click here for more about ARR)
…so right now, our original $5,000 investment is valued at about $2,500, meaning that if we sold all of our stock today we would get that much money (so ARR depreciated in value about 50% in the last 2 years)…
…and our dividends that we’ve earned in a little over 2 years until now have been about $1,000.00…
…currently we are making roughly $30.00/mo from this investment…
…now, we don’t know if the dividends will go up or down…
…however, we are happy that our investment is still making us money and will continue making us money until we are old and gray and pass it on to our estate…
What Would Have Happened If We Had Spent Our Wedding Money Instead?
…let’s say we had spent the money instead?
…over 2 years we could have spent about $200/mo…
…that would have helped pay some bills, just our utilities really =)
…and then what?
…we would have nothing left…
…we wouldn’t have monthly dividends to put in our joint account which have ranged from $30/mo – $60/mo…
…maybe we would have some furniture or stuff if we used it to get something…
…however, I don’t know about you, I would rather have the monthly dividends!
Conclusion
…what you did with your Wedding money is probably what you do with all of the money that comes into your life…
…you’re either investing or spending…
…wouldn’t it better to have our money work for us?
…I’m here to help you have that shift in a Financial Freedom mindset…
…because your freedom matters…
…more money for you means more money towards a harmonious marriage, and a stable family where you actually have the time and money to be there for your kids…
…please let me know in the comments below what you did with your the money from your Wedding Reception, or any other thoughts on your goal of financial freedom!
P.S.
…also, I want to let you know a little bit about me and what I do…
…I’m Mey, a blogger and a mother, wife and I’m committed to your financial freedom…
…I also use my blog to help myself and others achieve financial freedom by making money through blogging…
…have you ever thought of blogging too and making money teaching people something that you love?
…it could be on how to raise 3 boys, or on how to cook Vegan food…
…it could be on nutrition or working out to get muscle definition…
…whatever your passion is, there’s a simple system that I use to blog and make money too!
…if that is something that interests you then I invite you to CLICK HERE, watch the free video and get started =)
8 Replies to “What Did You Do With The Money From Your Wedding Reception?”
HI Duldulao Family
great idea about the investment – nothing like a few bucks come in now and then ! Thanks for sharing
Best wishes
Johnny
Hi Johnny, thanks for your comment! I’m glad you liked our idea, and it was more than a few bucks =) Aloha!
Interesting article! You definitely have the millionaire
mindset. Let your money work for you, be a producer
and not a consumer.
Thanks for a great blog post!
Thanks Mary for visiting and reading my blog today! I’m glad you liked it, and I’m certainly always training my mindset. It’s good to be both a producer and consumer, makes to economy go round =)
I didn’t get married (we live together without). But that’s a wise choice. It goes for every little bit of extra money, shouldn’t spend it. I can imagine that it really comes in handy to pay bills and it’s alright if you really need it. But if you get to chance to save or invest it then do it!
Thanks for the visit and your share! Yes, it’s a little bit of extra money, that grows over time. And the best part is that we keep investing and our dividends from our joint investments are up to $100/mo.
awesome post and great info on how you made your money work for you thanks for sharing,,,
Hi LuAnn, thanks for visiting and your comment! It was fun and we’re working on making more money now too =)