May & June 2022 Dividend Income And Expenses

Hello there!  Yes, it’s been awhile since I’ve posted anything to this blog, but I’m not dead yet!  Really!  Behind the scenes A LOT has been going on the last few weeks!  First off, the Tako family moved 1500 miles from Washington state to Arizona.  It was a long road trip that took place over three very full days with two cars, two kids, and a trailer.

ready to roll
Locked, loaded, and ready to leave Washington.

Surprisingly, neither of the kids got car sick! (This is a minor miracle)  The trip went as well as can be expected.  We arrived in Arizona 3 days later, with roughly 9 hours of driving time per day.  Everything was all in one piece, with no flat tires or engine trouble!

Along the way we drove through Oregon, Northern California, and very large part of Nevada… to eventually arrive in southern Arizona.

stormy arizona
Arizonan’s can now rejoice. We brought the clouds and the rain with us.

The other big news, is that we prepped, staged, and put our Seattle-area house on the market several weeks ago.  This was a TON of work to get our house ready for sale, and consumed way more cash than I want to think about right now.  I literally spent months painting, repairing, and otherwise making our house look as beautiful as possible.

Was it worth it?

Well, we currently have a buyer and the house is now ‘Pending’.  Cross your fingers and knock on wood that the sale goes through!

In my experience, the real estate market has *really* slowed down these last couple of months.  Instead of homes receiving multiple offers at well over asking price, we received just two offers near asking price.

Meanwhile, we’re now residing in a beautiful Airbnb home in southern Arizona, soaking up plenty of sunshine and trying to get to know this new place.  I’m now a stranger in a very strange land.

temp airbnb home
Our temporary airbnb home is a pretty nice place.

And how much did this epic moving adventure cost us?  And how much passive dividend income did we bring-in over these past few weeks?

Since I missed one of my regular monthly posts, I’m combining the May and June posts together into one super post!

Keep reading to find out how much of an impact all this had on our finances!


Dividend Income In May & June

Dividend income in May and June totaled $32,584.  You read that right — over $32k in just two months!  The bulk of the money ($31k) arrived in June.  This was the combination of regular dividends, and a large special dividend from our LYB shareholdings.


As you can see, dividend income is either boom or bust.  Feast or famine.  Primarily this happens due to the irregular nature of dividend payments.  Payments occur quarterly, with the bulk of our dividend payments arriving in March, June, September, and December.

As you can see in the table above, outside of those 4 ‘big’ months, dividend payouts are lower.

In order to “balance out” these large dividend fluctuations, we keep plenty of cash on-hand to deal with day-to-day expenses and any emergencies that might arrive.


May & June Expenses

It was good thing our dividend income was so high in June, because our expenses were also massive due to moving, house staging, and other house selling costs.

In May we spent $6,614, and in June we spent $14,160.  June was our most expensive month ever recorded.  In a typical month we would normally spend around $4k-$5k per month, but June just blew that average out of the water.

Here’s the breakdown in each spending category for May:

may 2022 expenses by category

And here’s the breakdown in June:

june_2022 expenses by category

Clearly I would have liked our spending to be lower in May and June, but our move simply needed to get done.



For the two months (May and June) combined, grocery spending was $486.  If this seems suspiciously low, your money sixth sense is right on the money.  Because our kitchen was being packed-up and shipped away, we spent a lot less time cooking than usual.  There were several weeks where we only ate restaurant fast food, or grocery store deli food.

Honestly, this rather was awful.  Maybe I just have high food standards, but I can only eat fast food so many times before it starts to taste gross.  Eventually Mrs. Tako and I resorted to buying those already prepared grocery store salads just so we could get a vegetable or two.

This was so terrible I didn’t even bother to take food pictures over the last couple of months.  Sorry folks!



Fuel spending in May was higher than in recent months at $183.  I attribute this higher amount almost entirely to elevated gas prices.  We didn’t fill-up or drive any more than usual in May, but prices were higher.  Oh well!

June however was a completely different story.  We spent $303 on fuel, primarily because of the road trip, which began at the end of June.  Of the $303 spent, roughly $150 was spent on the first day of the road trip.  This was for two cars, one of which was pulling a trailer and only got around 23mpg.

The rest of the road trip fuel expenses will land in my July expense report.

Nevada trailering
Road trips require a large amount of fuel — especially when towing a trailer!



May and June mortgage spending amounted to $4,626.  This is $2,313 per month, our usual amount.  Our mortgage typically represents our single largest monthly expense, and it includes interest, principal, insurance, and taxes.

If our house sale closes on-time, I expect our last mortgage payment will be in August.  Unfortunately, I will then need to change this category to “Rent” in future months, due to us being renters now.



Internet expenses for both months was $58, for a total of $116 spent on internet service.  As soon as we moved out of the house, I disconnected the service, but this won’t be reflected until the July expense report.

How much will internet cost at our new home?  I’ll let you know when I find out!  For now, the airbnb is providing us with complementary internet service.


Mobile Phones

Mobile phone spending in May and June was a combined $102.  Normally we have mobile phone spending of $0, but in May we needed to renew our pre-paid plans for the year.  This cost $90 for the entire year.  (Note: This cheap service does not include a data plan)

For the road trip, I wanted to have some mobile data, so I purchased a Tello 2GB data plan for $12.20.  This amount includes taxes and a new sim card for my phone.  (Yes, I have a dual-sim card capable phone.)  Pre-paid data plans from Tello are an extremely low cost way to goSometimes as low as $5 per month if a promotion is running!

If you’d like to find a similar low-cost data-only plan, watch the Tello website for promotions.  They seem to run new promotions every couple of months.  You can also sign-up using my referral code: p3s4bkgq to receive $10 off. (That’s basically 1-month free just for using my referral-code!)



Utility spending in May and June was a combined $583.  This amount includes two power bills, a trash bill ($120), and a very large water bill ($263).  These amounts are very normal for this time of year in Washington.

Meanwhile, we’re not paying for utilities in Arizona yet.  The Airbnb we’re staying at includes these expenses.  We need to find a more permanent home before I sign-up for these services, but it will be very interesting to see how large the cost differences are between states.



Insurance spending in May and June was $0.  This is a normal amount for us.  Most of our insurance spending (at least for car insurance) occurs in October, due to the annual billing cycle.  Instead of paying monthly, we choose to have an annual insurance bill.  Believe it or not, paying annually costs less!

Not all insurance providers allow annual payments of course, but ours does!

(For the curious: We do have home-owners insurance.  It’s included in our mortgage.  I’m super lazy, and I don’t break that number out here in the insurance section.)



Other expenses is normally the category that I use as a ‘catch-all’ for minor expenses that don’t fit anywhere else.  But in the case of May and June, these expenses actually made up the bulk of our spending!

Some of the major expenses include:

  • Airbnb rental fees — $1,499.
  • Home staging costs (fancy fake furniture rental cost) — $4,245.
  • Home improvement expenses (for selling our Washington house) — $499.
  • Uhaul shipping and storage fees for our Uboxes — $5,551.
  • Uhaul 5×8 trailer rental — $940.

What can I say?  Moving is very expensive!  I suppose in hindsight we could have made this move cheaper by selling more of our stuff, but we still spent thousands of dollars less by not going with a full service mover!


Cumulative Expenses For 2022

Total spending for the year so far is $44,518.  This was a huge jump from previous years, due to home selling expenses and moving costs.

Here’s the breakdown of our YTD expenses by month:

may and june 2022 net expenses

Clearly, June was a very expensive month, but there wasn’t much I could have done to reduce those expenses further.  Our moving expenses were already scheduled and locked-in a month before it happened.  Making changes would have incurred additional costs.

That said, I expect these elevated expenses will begin to fall back to “normal” levels starting in September.  By then, the house should be sold and the mortgage finally paid off.


Investing Update

Unfortunately I did very little on the investment front over the last couple of months, and there isn’t much to share.  I was WAY too busy fixing our house.  I’ve been a painter, a carpenter, a cleaner, a plumber, a furniture mover, and a general all-around handy-man over the last couple of months.  I simply didn’t have time to do any investing, or investing research.

It’s not that our house was in bad shape, but to really stand-out in today’s real estate market the house has to look amazing!

Meanwhile, our investment accounts sunk just like the rest of the stock market in May and June.  This was unfortunate, but the ebb and flow of the markets is perfectly normal behavior for investments.  What goes up must come down, and vice versa.

Eventually I’ll find the time to do a little investing again, but for now I’m trying to stay focused on completing the house sale and finishing our move.

That all for now!  Thanks for reading everyone!


[Image Credit: Flickr]

23 thoughts on “May & June 2022 Dividend Income And Expenses

  • July 11, 2022 at 4:48 AM

    Glad to hear you folks moved and settled down. That’s a lot of work. Well done. It is cool “We brought the clouds and the rain with us”, ha ha. Hope your old house will be closed quickly with no glitches, and you find the new dream house. Enjoy the sunshine!

  • July 11, 2022 at 8:23 AM

    Why did you pay for home staging? Did you sell the house FSBO? The decent Realtors pay for staging out of their commission?

    Can’t wait to get back to your food posts!

    • July 11, 2022 at 12:12 PM

      We worked with a low cost agency that takes an additional 1% if we hire them to handle the staging.

      By hiring the staging company myself, I saved closed to $8k.

  • July 11, 2022 at 9:23 AM

    What a nice update 🙂 3 day 9 hour trips omg! Will you document your journey from renting to owning again? I wonder what the real estate market will be like, I’m think there will be some good deals with mortgage rates rising. Is it a no rush thing or do you guys want to become owners again as soon as possible?

    • July 11, 2022 at 12:19 PM

      I generally believe that owning is better than renting in a long-term inflationary environment, but there’s a lot of variables to consider in that equation.

      To add more complications, our house sale hasn’t closed yet, which means we have to rent in the short-term. Once that million dollars hits my account though, you can bet I’ll be house shopping!

      Inventory is quite limited here though, so it could be several months before we find something we like.

  • July 11, 2022 at 11:08 AM

    I have followed your blog for a couple years now. Welcome to my homestate and I believe you are in my city/area as well. I have lived here a long time. Let me know if you have any questions. You moved here at the worst weather time possible but it just gets better from here. I am curious to watch your utilities and your house search. I am a homeschooling mom of 4. Enjoy southern AZ! Go get some yummy peaches at Apple Annies!

    • July 11, 2022 at 12:24 PM

      That sounds like fun! Thanks for the tip! We’ll check it out!

  • July 11, 2022 at 2:02 PM

    Congratulations on your move! I was wondering what was going on with you all.

    Moving is expensive but one could accurately say that LYB’s special dividend helped a lot to pay for your move! I had a eye to pick up some shares during the 2020 pandemic but ended up allocating that capital to Discover and that worked out very well.

    I just visited the east coast and am amazed at how low you can keep your food bill for your family. It is really amazing.

    Enjoy your first months in sunny AZ and I hope all goes well!

    • July 11, 2022 at 10:06 PM

      The trailer was mainly just for our “camping” gear, and a few minimal household goods. The rest of our furniture (and other stuff) got shoved into several Uhaul Uboxes, and is waiting to be delivered.

      Once we get the keys for our rental I’ll have it delivered.

  • July 11, 2022 at 2:39 PM

    Congrats on the move and the pending sale of your home! Welcome to Arizona. I live in Chandler, AZ. Hopefully you can take a break and head up to Mount Lemon. It’s awesome up there in the summer!

    • July 11, 2022 at 10:07 PM

      We visited Mt. Lemon when we came to check things out last year, and yes it is very nice! 🙂

  • July 11, 2022 at 2:44 PM

    Congratulations on new journey!! I always look forward to your dividend bc it inspires me to keep investing for dividends/passive income. Thanks for your transparency. I see that your net worth is over 5 million. Would you share how much of that is invested in stocks/bond to generate 62k dividend? Trying to understand the % return I should be shooting for. Thanks in advance and best of luck with your closing.

    • July 11, 2022 at 10:09 PM

      Just take a look at my net worth page. It’s the taxable account income that I’m counting here. That pretty much summarizes it.

  • July 12, 2022 at 8:40 AM

    Congratulations on the move but the $1499 you have listed for Airbnb is that for the place in the picture? As it looks great but is that a house or condo/apartment? And most importantly for how long is the 1499? Per month? As if so that seems like an incredible deal. And are you likely planning to just remain in airbnb’s until buying a home rather than hassle of leasing an apartment? Thanks.

    Also this is my first post but I love your blog and read it regularly and wish you & your family all the best in Arizona.

  • July 14, 2022 at 6:57 AM

    Congratulations on the move but the $1499 you have listed for Airbnb is that for the place in the picture? As it looks great but is that a house or condo/apartment? And most importantly for how long is that 1499? Per month? As if so that seems like an incredible deal. And are you likely planning to just remain in Airbnb’s until buying a home? Thanks.

    Also this is my first comment but I love your blog and read it regularly and wish you & your family all the best in Arizona.

  • July 31, 2022 at 12:22 PM

    Hey Mr. Tako! Great to see a new post from you (we’ve been a bit behind, too!).

    Congrats on the move. Coincidentally, I think your move has coincided with my own parents’ move. They’ve left VA and are currently in a rental outside of Phoenix. I believe that just yesterday they had an offer accepted on a new place (quite close to my grandparents, which was their original intention). Seems the real estate market has softened a lot in the area. I suspect they’re a bit early, and things will continue to soften in that area if some of the data trends are to be predictive for that market. Presumably, you guys will buy down the road, too!

    I’m curious about: “Home staging costs (fancy fake furniture rental cost) — $4,245.”. I don’t know much about staging, and I’m sure the investment is worth it in terms of elevating your offer price… but what do you get for that much cash? Does a team come in, put a bunch of staged furniture in place for you that would match an interior designer’s ideal, take a bunch of photos, then pack it all out for you? I guess I can see how that would be so expensive if so!

    Anyhow, congrats on the adventure! Keep us apprised!
    Chris@TTL recently posted…Why Volunteerism Could Be Your Life’s Greatest Vocation

  • August 5, 2022 at 10:04 AM

    Sorry, later than usual to this one. With your previous home, you frequently mentioned not paying your mortgage off early due to better return from your investments. I completely agree and follow the strategy myself. The combination of low rates and tax benefits from mortage interest payments are just too attractive.

    However, with interest rates rising, do you have a line in the sand on that strategy? What would be a rate you would consider paying cash instead of retaining a mortgage?


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