Something these inflationary times have clarified is that we could all use a little more money in our bank accounts. It's a simple fact: Life has become much more expensive. Passive income is a way to generate extra money and overcome a hurdle that's getting higher and higher without knocking yourself out.

There are no guarantees on Wall Street, and even reliable dividend stocks can end up cutting their payouts. If you are looking to collect dividends for decades, you'll want to examine Federal Realty (NYSE: FRT),

This dividend stock is a top option for investors looking for not just long-term passive income but regular income every month! The post Invest $22,000 in This Dividend Stock for $108.50 in Monthly Passive Income appeared first on The Motley Fool Canada.