Hello everyone and welcome back. This is my weekly Saturday Savers Club progress report for Week 28. After sharing my second quarter progress, I'm looking forward to the completion of the 100 Days of Saving Backwards. I hadn't imaged how quick time would fly when I first committed to this savings venture on April 1st.
Last week @eddie-earner's post gave us some exciting news about two new initiatives:
A No Buy Month. Here are the updated details in this Week 28 post: Saturday Savers Club with @susie-saver | Week 28 - Saturday 10 July 2021 | Guess when @susie-saver reaches 530 HP (prizes, obviously) | Win EDS Tokens for Comments! Everyone Welcome. I'm joining in on the experiment that is taking place this week with a MAKE DO OR DO WITHOUT WEEK to see how it goes. According to @eddie-earner, in a MDODW week (see what he did there), we aim not to take any unscheduled money out of our current account and make do with what we have already. Any big or non-routine purchases are delayed during this week (unless they're essential, of course.
August 1st HivePUD. Offer to help a smaller account take part. I have decided to add an additional sponsorship, together with The Saturday Savers Club offer, if @eddie-earner thinks it will help a smaller account.
When will @susie-saver hit 530HP? In this Week 28, @susie-saver issues us a new challenge:
- Hello! The @susie-saver account is sitting at just over 430HP after this week's power-up or 81% of the way towards crossing Minnow status! Last week the account was 73% of the way towards her target.
Here's the challenge: when do you think @susie-saver will reach 530HP? Will it be:
Week 30 - Saturday 24 July
Week 31 - Saturday 31 July
Week 32 - Saturday 7 August
none of the above 😁
Place your bets in the comments
minnow is somewhere between 531HP and 532HP, but what's two HP between savers?
For today, I want to share with you several projects I participated in for Week 28:
DLease
On July 3rd, I leased 500 HP. This is my second lease in which I wanted to start small. The duration is only for 7 days, with an interest rate of 11.09%. I received .260 Hive daily in the daily payout.
The lease will end today. My total payout I'll receive is 1.820 Hive Since I had two successful leases, I've decided to enter into another one for a larger amount with a greater payout term.
HIVE SAVINGS
This week, I transferred an additional 15 HBD to my HBD Savings. Knowing that after HF25, interest will only be paid on HBD Savings, I've decided to transfer weekly HBD to my HBD Savings to take advantage of the current 7% interest.
MINERS
EDSM. According to @eddie-earner's Week 28 post, only 656 Miners remain. Remember, "EDS tokens are a low-risk income token, ideal for people who want to save. They were all sold at 1 Hive each, with guaranteed earnings of 12% each year. You can now acquire EDS tokens through the EDS Miner token. EDS pays out every Monday evening. Last week the pay out was equivalent to 24%."
SATURDAY SAVERS CLUB
This week I'm continuing to save per my reports below.
Day 190 of the 365 Money Saving Challenge. This penny-a-day saving plan works. If you've followed my progress each of the previous 27 weeks, you can see that the plan works.
100 Days of Saving Backwards Challenge by @shanibeer and @eddie-earner. I'm happy to report that I started this challenge early on April 1st. Only 10 days left, and I'll have completed my commitment to participate for 100 days. I'm proud of my commitment I made.
The balance of my Hive Savings Account as of 7/10/21 is:
299.640 HIVE
100.492 HBD
Since January 1, I have saved 99.640 Hive in just 28 weeks. I added an additional 200 Hive via transfers.
In My HBD Savings, I've accumulated 15.492 in just 101 days by following the savings formula for the 365 Day Money Saving Challenge chart shown below. I added an additional 85 HBD to this balance to take advantage of the interest after HF25.
PLEASE NOTE:
As I have reiterated, I'm not a financial adviser. My post is not meant to be financial advice. My articles on cryptocurrency, investing, and saving are meant to share my personal opinion, experiences, and general information about those items once I discover interesting facts and figures. Please perform your own research before investing in any project that you feel comfortable with. In all cases, only spend and invest in project where you have the available resources.
Image by jarmoluk from Pixabay
Week 28 Activities: 7/4/21 - 7/10/21:
| DAY | Amount Hive Saved | Hive Balance | Amount HBD Saved | HBD Balance |
|---|---|---|---|---|
| BACKWARD | ||||
| 7.4.21 | Starting Balance | 298.800 | Starting Balance | 84.806 |
| 7.4.21 | +0.15 | 298.950 | +.095 | 84.901 |
| 7.5.21 | +0.14 | 299.090 | +.096 | 84.997 |
| 7.6.21 | +0.13 | 299.220 | +.097 | 85.094 |
| 7.7.21 | +0.12 | 299.340 | +.098 | 85.192 |
| 7.8.21 | 15.00 | 100.192 | ||
| 7.8.21 | +0.11 | 299.450 | +.099 | 100.291 |
| 7.9.21 | +0.10 | 299.550 | +.100 | 100.391 |
| 7.10.21 | +0.09 | 299.640 | +.101 | 100.492 |
Why not join in this fun initiative and start saving whatever amount you can. Tell me what your savings plan is. I'd like to hear about different ideas.
See you next week.
Proof of participation for Week 28: 7/4/21 - 7/10/21:
I feel that by documenting my daily activities in investing and saving, I can be mentally alert and remember all what's going on.
@flaxz initiative #iamalivechallenge (Published my Week 28, Saturday Savers Club post for my blog today)
Thanks,
@justclickindiva
Happy rest of the week everyone with whatever your endeavors.
SOURCES:
a) JustClickindiva's Footer created in Canva utilizing its free background and images used with permission from discord admins.
b) Unless otherwise noted, all photos taken by me with my (i) Samsung Galaxy 10" Tablet, (ii) Samsung Phone, & (iii) FUJI FinePix S3380 - 14 Mega Pixels Digital Camera
c) Purple Butterfly part of purchased set of Spiritual Clip Art for my Personal Use
d) All Community logos, banners, page dividers used with permission of Discord Channel admins.
e) Ladies of Hive banner used with permission of and in accordance with the admin's guidelines.
f) Saturday Savers Club logo created by me @justclickindiva in Canva utilizing its free template and images.
