My main financial goal is to grow my passive income to the point where it can fully fund my basic living expenses. Reaching that target will provide me with a high level of financial freedom. It will also give me more peace of mind knowing I won’t have to worry if my income from working ever takes a big hit.
I work toward my goal by steadily investing more money in income-generating assets, like high-yielding dividend stocks. I’m always on the lookout for new passive income sources. One that I finally added to my portfolio is Main Street Capital (NYSE: MAIN). After overlooking the company for years, I’ve come to realize it’s a magnificent passive income producer.
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