April 2022 Liquid Net Worth and 124% Passive Income Growth

Hello Friends and welcome back to another Liquid Net Worth and Passive Income update via my Personal Finance Canada blog! I hope you are enjoying my monthly reports since February 2021.

April was a great month in terms of making extra income from dividends and hustling around despite the market meltdown. Please note that all the numbers here were recorded on April 30.

Passive income number is the golden number to always pay attention to!

Liquid Net Worth
April 2022 Passive Income (Savings Accounts & Dividends) Was $1741

Extra Side Hustle Income Report $1140

Frankly, counting the side hustle isn’t an easy job. I made a spreadsheet and record my income through this source but it is a hectic task with money coming from so many resources.

Related: A Complete Neo Financial Credit Card Review in 2022

I might miss some stuff while reporting but here comes what I earned in April 2022 in side hustle not counting dividends stocks and savings earnings.

ServiceNotesEarned Amount
Selling ElectronicsSold through Kijiji$240
Brim FinancialJoin Brim Financial$160
Great Canadian RebatesJoin GCR and earn cashback$287
Crypto.comJoin Crypto.com, earn $25 in $CRO$25
Newton ExchangeJoin Newton Exchange, earn $25$25
Learn & Earn ITAmazon Gift Card$83
NetcoinsJoin Netcoins, receive $60$240
Neo FinancialGet a free Neo Credit Card, earn $50$50
Leo SurveysJoin Leo Surveys, earn for your opinion$20
Wealthsimple CashJoin, get a free $10$10
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I love Brim Financial and use it when abroad for credit card payments with no Foreign Exchange fees. I used it in many countries successfully. It also gave me access to free Global WiFi. Best part is that they pay me 500 ($5.00) points every year on my birthday.

I think every Canadian should be a member of the Great Canadian Rebate site to earn big cashbacks for buying or getting services you are going to do regardless. Sign up and please use [email protected] as the signup email.

Current Non-Chequing Accounts

QuestradeRoboTFSA$89,450Mrs. Dreamer
QuestradeRoboRESP$51,466Girls A & B
TangerineHISAHISA$50Mr. Dreamer
MeridianGICRRSP$15,149Mr. Dreamer
MeridianGICTFSA$6,701Mr. Dreamer
OakenGICLIRA$22,419Mr. Dreamer
WealthsimpleTradePersonal$15,729Mr. Dreamer
WealthsimpleTradeTFSA$79,484Mr. Dreamer
WealthsimpleTradeRRSP$76,478Mr. Dreamer
CryptocurrencyCryptoPersonal$82,274Mr. Dreamer
Current Status of Our Accounts

Current Investment Portfolio & a 2.67% MoM Liquid Net Worth Decrease -$11,725

My liquid net worth decreased by $11,725 in April 2022.

April 2022 Liquid Net Worth decreased to $426,038

Dividends & Savings Accounts Income

MonthDividendsHISA & GIC CryptocurrencyTotal
Jan 2021$571.03$206.14$0.00$777.17
Feb 2021$40.28$295.02$0.00$335.30
Mar 2021$305.00$510.29$0.00$815.29
Apr 2021$78.22$256.49$0.00$334.71
May 2021$164.77$259.35$20.30$424.12
Jun 2021$399.59$216.48$113.07$729.14
Jul 2021$797.74$214.04$290.45$1,302.23
Aug 2021$317.66$215.56$293.56$826.78
Sept 2021$431.40$216.83$307.15$955.38
Oct 2021$608.39$727.09$451.00$1786.48
Nov 2021$211.25$217.82$680.31$1109.38
Dec 2021$880.08$238.15$871.75$1989.98
Jan 2022$1,065.49$407.97$622.00$2095.46
Feb 2022$284.85$200.236$68.43$1,153.51‬
Mar 2022$541.57$212.00$823.32$1,576.89
Apr 2022$782.35$58$901.40$1,741.75
Monthly Income Report Table

Liquid Net Worth and Extra Income Update Summary

To summarize, I made $1140 in side hustle income in April 2022. I also had $1,741.75 income from passive sources which brings my total April 2022 extra income to $2,881.75 CAD which basically covers a lot more than our monthly expenses as a family of four.

In 2022, my total extra income was $10,217 with $6,567.61 of it being totally passive which is $1,641 a month. My goal for 2022 is to have an average $1200 monthly passive income.

Find all my recommendations can be found in my referral page. Thank you for reading and let me know if you have any questions or feedbacks.

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