Dividends are cash or stock payments made by companies to shareholders (usually quarterly). If you have a sum of money at your disposal, investing in dividend stocks is an excellent way to produce a (relatively) stable source of cash flow and spending money.
The most reliable way to save money is to keep track of your earnings and spending. And as the adage says, “A penny saved is a penny earned.” Poof! More money without a job! Why? It’s simple math. If you’re spending more than you earn, you aren’t actually making any money! You are just working for debt. And you certainly won’t have any cash to invest and help grow your nest egg.