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Can $500/month in dividends change your life? What could you buy with this money to reduce stress and increase enjoyment? Inside, I walk you through the steps of building a dividend portfolio of high-yield blue-chip stocks. These stocks will produce a dividend yield greater than 5%. Yes, it will take roughly $120, 000 to create $500/month, but you can get there before you know it. Don't forget to leverage an automated business as your wealth generator-significantly increasing your saving rate. I receive close to $1, 000/month in dividends, and they have definitely changed my daily life.