The purpose of this blog is to generate passive income which I will use to pay my monthly mortgage payments. At the moment the interest rate in the UK is 0.5% and the rate on my mortgage is 3.29%. I pay approximately £430 per month. Making my monthly mortgage payments using passive income would be such an achievement for me. I am currently generating £100 per month so far which means than I have surpassed the 20% mark.
I am working hard towards my targets but I am also wasting a lot of time doing things that are not really contributing towards the passive income stream. When I do go online I am not as efficient as I like to be and these things are really holding me back and making me achieve my goals slower. I am now determined to organise and plan in advance so that I know exactly what I am doing.