Saturday Savers Club - Staying Focused

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Hello to all Saturday Savers. We are now at the end of week 20 and approaching the end of May. You can check what week it is here.

The hardest part about saving is developing the habit to save each week and keep track of your numbers. Therefore, taking part in the Saturday Savers Club is a great way to build this habit and do the 365 HBD challenge.

With my SPS goal reached, my focus has moved onto my core goals of Hive, ALIVE and GLX. Saving tokens now during the bear market should pay off nicely when the bull market comes again.

Week 8 in the 365 Day HBD challenge is completed this week:

I managed to save just 1,56 HBD this week, which was less than last week.

This was quite short of my target of 3,71 HBD but overall I am still ahead of my target with 19,69 HBD saved against 15,96 as my current target. Slowly my buffer is reducing and I will need to buy some HBD each week to reach my goal.

On to this week's numbers:

My main target is to grow my Hive Power.

Start: 56314
Target: 100k
Current: 63329
To Go 36671

My Hive increased by 253 this week which was a little more than last week. I am still not on target to reach my goal by the end of the year by 9787. With HPUD coming soon, I will buy some more Hive on the market and take advantage of the lower price to reduce this gap.

My second goal is to increase my ALIVE power to 25k. This is my current progress:

Start: 10025
Target: 25k
Current: 15428
To Go 9572

This week I staked 219 ALIVE which is lower than last week but still a good amount of tokens. I am 357 ALIVE behind my target at this point to reach my goal. This is not so much and can easily be caught up I think. The price of the ALIVE token is very strong and it would cost me 17.11 Hive to buy those from the market, but I might do that soon.

My SPS goal is reached.

Start: 1539
Target: 100k
Current: 100145
To Go 0

My final goal is to increase my staked GLX.

Start: 0
Target: 20k
Current: 6618
To Go 13382

My GLX tokens increased by 508 this week. This is 1074 behind my target at this point. I had some orders to buy GLX on the market, but the price has been quite strong this week. If my buy orders get hit, I should then be on target to reach my goal by the end of the year.

That's it for this week, I hope you all had a great savings week, be sure to let me know in the comments. Before I go, be sure to check out the @eddie-earner or @susie-saver accounts for more details about the Saturday Savers Club. This is run by @shanibeer.

Thanks for reading.

Credits:
The title image was created in Canva using image from source and nattanan23/Pixabay

Let's connect : mypathtofire

hive-155221 ctp cent leofinance pob fun pimp saturdaysavers saving hivegoals
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39 comments
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You are doing well with the savings. I think I asked this before. What do I have to do to participate in the Saturday Savers Club? Is it just making the weekly posts on Saturday? Maybe you can explain it a bit.
!ALIVE

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It is easy to take part, you can let @shanibeer know your goals on the weekly post on the eddie-earner account here and then you can make your post each week, it can be saturday or anyday really and you can share it on the weekly eddie-earner post with the other savers.

there are also other activities such as the author of the week, 365 saving challenge etc.., prizes.. check out the post for all the details 😀

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HBD savings have saved me some crucial expenses. I think saving is tough, but when we manage to develop s savings goals, it's very beneficial. This 100k HP goal of yours, can you extend it beyond this year?

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I think it will be good once I have built up some HBD as it will provide me with some more flexibility income wise. The 100k HP goal, I could extend it out beyond this year, but I am confident that I will reach it this year, at least at the moment.

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That's amazing, I like the flexibility HBD gives and to be very honest, it gives one adequate choices to even build one's HP. All the best for the 100k. hopefully I can hit 60k before the end of the year.

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Thanks. Thats a great target, I think this year is a great accumulation year, before the bull run starts 😀

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Congrats on reaching your SPS goal, Steve. And your HP is growing nicely. 253 a week is amazing! All the best to you on your stacking goals.

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the way you've saved HBD is impressive and inspiring tbh.

I'm trying but to cover other expenses I've to spend it tho focusing on HP mainly... Powering up and increasing it. How do you see this strategy of mine?

I'm sure you'll reach the goal of this year sooner than expected.

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Thanks.

With the current price of Hive, I think that is the best strategy and will pay off in the future, but importantly increasing your vote strength could bring more benefits the most.

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Yea, Hive is quite underrated and been trading in $0.35-$0.5 range... Increasing HP for long term and voting strength... Hope so, will reach my milestone before it takes off 🛫.

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I think this year is a great time to stack, I also hope I can stack enough before the price goes up too much.

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Nice work ! Comparing your account with a much smaller one (mine, lol), I can definitely see the way compounding really boosts things, creating a base level of earnings even before you add on posting earnings. Thoroughly inspirational !

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The power of compounding can really pay off. I hope it will inspire you to keep growing.

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The hardest part about saving is developing the habit to save each week and keep track of your numbers. Therefore, taking part in the Saturday Savers Club is a great way to build this habit and do the 365 HBD challenge.

The habit itself is not hard at all. I can easily do it regularly/consistently for long term. Once I had around $1500 HBD in savings. It helped me in a lot of things. Nowadays I have around $49 HBD in savings. Currently $49.28 HBD. I still regularly/consistently transfer Hive Dollars (HBD) to savings.

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Good to hear you could put HBD to some practical use 💪👍

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Good growth there Steve, and I am sure you will catch up to your !ALIVE target as well, keep growing and enjoy your Sunday.

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Your post has been promoted with 1 ALIVE (burned by @youarealive) on We Are Alive And Social thanks to publishing your post in the We Are Alive Tribe Community using Ecency.

!ALIVE


Made in Canva

@flaxz - Alive Chat Host on @alive.chat

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Thank you for burning ALIVE tokens and supporting the We Are Alive Tribe, you have earned 1 tickets for our weekly ALIVE Burning Contest.

!ALIVE
!BBH


Made in Canva

@flaxz - Alive Chat Host on @alive.chat

Follow our Curation Trail

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Congrats - you've been selected as a contender for this weeks #saturdaysavers club weekly #topauthors ! Check out and vote in the poll here:

https://leofinance.io/threads/view/eddie-earner/re-leothreads-36cezuwi8

Check out the announcement post here:

https://hive.blog/hive-167922/@eddie-earner/saturday-savers-club-author-of-the-week-ending-26th-may-including-announcing-our-weekly-winner-

Best of luck !!!!

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Steve, your growth here is mind-blowing! Congratulations again for your stellar progress on your goals so far! You give me much to which I can aspire! 😁 🙏 💚 ✨ 🤙

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Thanks, I think we have some great opportunity to grow here on Hive.

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You're very welcome, certainly! Oh my goodness yes! Astounding opportunity! 😁 🙏 💚 ✨ 🤙

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