My Savings Journey with Saturday Savers Club: Update #1

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(Edited)

"Let's try this again, shall we?"

It is Day 52 since I made the move to begin to pay more attention and put in more effort to grow in the aspect of savings. I had tried before, but things did not go smoothly. There is good progress now, and here is the first entry to account for it since I started a month ago.

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This time around, I am not going on this journey alone. I'm walking in flocks with other people with similar mindsets. I joined the Saturday Savers Club (SSC), a whole community of intentional people working to develop themselves through saving. And their method is quite simple: make it easy by doing the little things that count.

Unlike most conventional saving plans, putting money aside here on Hive still earns you money: Hive Power and HBD Savings. Staking Hive turns into Hive Power (HP) that one can use to earn curation rewards, and HBD Savings has that juicy 20% APR tied to it. So building both just makes a whole lot of sense.

By writing every day and earning money on the posts, I get to earn HP and HBD to bring my goal to fruition. Another way for me to earn HP is to upvote adequately, and that will eventually bring rewards to me. To keep the growth going steadily, I power up at least 1 HP every day.

Considering that I do not get to earn so much HBD regularly and that I trade it for HIVE to power up every now and then, I can only put in a small yet effective amount every day. Half a dollar works for me, and I have stuck with it for as long as 52 days now.


𝟸𝟺ᴛʜ ᴏғ sᴇᴘᴛᴇᴍʙᴇʀ 𝟸𝟶𝟸𝟹--
ᴘʀɪᴍᴀʀʏᴄᴜʀʀᴇɴᴛɢᴏᴀʟ
ʜɪᴠᴇ ᴘᴏᴡᴇʀ𝟸,𝟺𝟽𝟿.𝟻𝟿𝟸𝟺𝟶𝟶𝟶
ʜʙᴅ sᴀᴠɪɴɢs𝟷𝟸.𝟶𝟷𝟼𝟼𝟷

My primary goal is to get to 4,000 HP at the end of this year, as well as have at least 61 HBD in savings. As of a month ago, I had about 2,479 HP and 12 HBD. And as a secondary goal, I had 100,000 NEOXAG stake to reach and had about 65,483 at that time.

sᴇᴄᴏɴᴅᴀʀʏᴄᴜʀʀᴇɴᴛɢᴏᴀʟ
ɴᴇᴏxᴀɢ𝟼𝟻,𝟺𝟾𝟹.𝟽𝟶𝟿𝟷𝟶𝟶,𝟶𝟶𝟶

Where am I now? Well, like I said earlier, I have made good progress, and I would say that I am well on my way to meeting these goals at the end of the year. Along the way, however, I brought another token onboard.

I am adding LEO to the list of secondary tokens to stack up and focus on. I have 1,100 LEO staked, but I'd like to get to 1,500 by the end of the year. I may surpass it, but I would rather keep my eyes on something quite achievable than not reach something much higher at the end of the day.

𝟸𝟸ɴᴅ ᴏғ sᴇᴘᴛᴇᴍʙᴇʀ 𝟸𝟶𝟸𝟹--
ᴘʀɪᴍᴀʀʏᴄᴜʀʀᴇɴᴛɢᴏᴀʟ
ʜɪᴠᴇ ᴘᴏᴡᴇʀ𝟸,𝟾𝟺𝟼.𝟷𝟼𝟽𝟺𝟶𝟶𝟶
ʜʙᴅ sᴀᴠɪɴɢs𝟸𝟼.𝟷𝟻𝟹𝟼𝟷
sᴇᴄᴏɴᴅᴀʀʏᴄᴜʀʀᴇɴᴛɢᴏᴀʟ
ɴᴇᴏxᴀɢ80,003.824𝟷𝟶𝟶,𝟶𝟶𝟶
ʟᴇᴏ𝟷,𝟷𝟶𝟶.𝟺𝟼𝟾𝟷,𝟻𝟶𝟶

To be specific, I would say that my HP increased by 14.8%, my HBD in savings increased by 118%, and my NEOXAG stake increased by 22%. That's some improvement.

I hope to keep going as steady as I am now and then reach my goals. What matters more is having such numbers in my wallet, rather than just reaching the goals and feeling accomplished. That's more reward to gain with more stake.

Until next month again, when I will come with another update, I'll keep doing what I am doing and continue consistently.

Posted Using InLeo Alpha

Posted Using InLeo Alpha



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15 comments
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Congratulations for being intentional, dear olu. So, painful, I know nothing about the stated currency, but I'm really impressed by your focus on the following goals. People believe growth and success happens overnight, but in reality, it often requires a lot of hard work, dedication and intentionality. I'm really glad you've been putting all of these in place. Keep achieving your goal

A happy and supernatural sunday to you.😊 ❤

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You're very kind, Zee.

Let me explain the currencies.

HIVE is the native token for the Hive blockchain, where we all are. It is a volatile coin, meaning that its price fluctuates according to the market.

Hive Power (HP), is simply HIVE that has been staked. To stake means to put in some money (or crypto currency) into the blockchain for the ecosystem to use and run with, and that allows you to earn in return by performing certain actions like upvoting.

Hive Backed Dollar (HBD) is the stablecoin for the Hive blockchain, like we have USDT—if you're familiar with it. It is always pegged around $1 regardless of the market. On some days it could be less, like $0.987, and some days it could be more, like $1.072. The tiny changes happen because there is a system that tries to stabilize it.

I see you're new around here. If you ever have questions concerning Hive, feel free to ask me. Find me on Discord with olujay

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sorry for late response dear Olu. Things suddenly get awkward and crazy for me. I'll drop a message on discord.

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Jay Jay...they say slow and steady wins the race. Gradually, you will achieve your goals, both for your primary and secondary ones. It's good to go along with people who have same similar goals than go alone as one could get tired along the way, of course, determination is the key here.

All the best with your goals.

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Yes oh. Slow and steady wins the race. That's what I am following, and I would gradually reach my goals.

I am very bullish in my account growth for the year, so I am doing my best. I'm glad that you appreciate it, Princess.

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I'm impressed and at the same time motivated to save too. Nice one.

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Hi, you have been selected as a contender for this weeks #saturdaysavers club #topauthors poll !
You can find the announcement post here:
https://peakd.com/hive-167922/@eddie-earner/saturday-savers-club-author-of-the-week-ending-27th-october-including-announcing-our-weekly-winners-
And here is a link to the poll:
https://inleo.io/threads/view/eddie-earner/re-leothreads-2umrwuejs
Best of luck - cheers @hoosie !

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Thank you very much for informing me!

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You are welcome
!ALIVE
!LOLZ
!PIZZA
!PGM

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO - 0.005 SCRAP tokens

remaining commands 4

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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@olujay! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (1/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

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