I’m sure you’ve heard of Andrew Yang. He was a US Democratic candidate for the 2020 presidential election. His platform was largely based around the idea of what he called the “Freedom Dividend”. He wanted to provide a universal basic income for Americans, whereby they’d be guaranteed $1,000 per month just for being alive.

Andrew Yang didn’t win the election. And UBI is probably not going to be a reality in America any time soon. But what if you could create your own “Freedom Dividend”?

What if you could build a basic income for yourself with… drumroll please… dividends? I collect a four-figure sum of dividends every single month.

This is my “Freedom Dividend”. Because they’re dividends. And they’ve unlocked financial freedom for me.

Today, I want to tell you how you can build your own form of basic income with safe, growing, passive dividends.

Let’s dig in.

Basic income is an enticing idea. Who doesn’t want to get money just for being alive? Well, it’s an idea that can be a reality for just about anyone out there. Including you.

But you don’t have to rely on a politician to get it done for you. In fact, it’s better that you don’t do that. Waiting for a politician to get something done is like waiting for the cows to come home.

Politicians can’t be relied upon. You know who you can rely on? You.

If you sit around waiting for the government to solve your problems, you’re gonna find yourself waiting a very long time with nothing to show for it other than disappointment.

Instead, I recommend personal responsibility and accountability. This is about empowering yourself and taking action.

Personal responsibility and accountability goes a long way. And the cool thing about the plan I’m going to tell you about is that some upfront hard work and sacrifice can allow you to take it easy later in life.

After all, how much easier does it get than waking up to fresh money you didn’t go to sleep with?

So how do you build your own form of basic income? How do you create your very own “Freedom Dividend”?

Simple, really. You have to live below your means and regularly invest your savings into high-quality dividend growth stocks.

What are dividend growth stocks? These are stocks that pay reliable, rising cash dividends to their shareholders. These reliable, rising cash dividends are funded by reliable, rising profits.

That’s because these are some of the best businesses in the world. I’m talking about world-class companies that are providing society with the products and/or services it demands.

I’ll give you five quick examples: Apple (AAPL), Johnson & Johnson (JNJ), Nike (NKE), Pepsi (PEP), and Microsoft (MSFT).

These are fantastic businesses that make money hand over fist. Better yet, they’re all sending their shareholders reliable, rising cash dividends. These dividends flow and grow like clockwork.

And that’s where building your own “Freedom Dividend” comes in. You build it with dividends. Dividends that offer you freedom.

These dividends are cash payments that can be used to live off of. They can be the source of your own basic income. It’s an income floor in your life that makes sure your bills get paid, even if you don’t work anymore. If you thought a stimulus check was cool, imagine how cool it’d be to get something like that every month for the rest of your life.

I personally collect a four-figure sum of dividends every single month. And these dividends come in without me lifting a finger. I literally wake up to fresh, new money I didn’t have the night before.

These dividends are the most passive form of income you could possibly think of.

After you own stock in a dividend-paying company, there’s nothing else you need to do to collect a dividend. No work to do, no 1-800 number to call, no timeclock to punch, no quotas to fill. Nothing. Just sit back and collect your dividends like a boss.

That’s so easy, even I can do it.

Well, it’s not that easy. Nothing worth having in life is easy. If it were easy, everyone would be doing it. But when something is challenging, it makes it that much more rewarding when you overcome it.

And I can tell you, firsthand, it’s incredibly rewarding to be financially independent. It’s worth whatever “sacrifice” might be involved.

Think about it. Whatever sacrifices you might have to make in order to save and invest enough money to become financially independent will be temporary. But financial independence, once gained, is forever.

It’s short-term pain for long-term gain. Better yet, the long-term gain gets bigger and better. That’s because high-quality dividend growth stocks are routinely increasing their dividends, year in and year out.

Andrew Yang, who’s now running for NYC mayor, proposed his universal basic income at a flat $1,000/month. I’m proposing something much more attractive.

I’m proposing a form of basic income that rises faster than inflation, which means your purchasing power increases every single year.

Indeed, the five stocks I listed earlier in the video have all increased their dividends for many consecutive years. In the case of Johnson & Johnson, we’re talking about 58 consecutive years of dividend increases. And their last dividend increase came in at more than 6% – much higher than inflation.

Politicians can’t even get you a basic income. You think they can make sure that money increases every single year for almost six decades? Faster than inflation? Yeah, right.

This plan is all about relying on great businesses to do what they already do. They’re highly adept at consistently increasing their profit and paying out growing dividends to shareholders.

There’s nothing keeping you from participating in this amazing system and building your own form of basic income.

While the government goes round in circles, world-class businesses get things done. Plus, dividend growth stocks literally pay you to own them. I can’t think of a better incentive than that.

Politicians pontificate. Businesses and investors make money. Choose your side wisely.

I’ve built my own “Freedom Dividend” using the dividends that world-class enterprises pay out to their shareholders.

And you, too, can build your own “Freedom Dividend”. You can build your own basic income.

We’ve made plenty of videos on how to go about doing this. And we continue to make plenty of videos, including videos on which dividend growth stocks to consider buying and when to buy them. So make sure to stay tuned, follow along, and check out our archive for more information. We’re only here to help and inspire you.

— Jason Fieber

P.S. If you’d like access to my entire six-figure dividend growth stock portfolio, as well as stock trades I make with my own money, I’ve made all of that available exclusively through Patreon.

Source: DividendsAndIncome.com

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