Welcome to Saturday Savers Club with Susie Saver.
Okay, okay, who won the SPI?
We had four great entries to the SPI savings challenge!
1st Quarter Progress Report by @justclickindiva
Newbie After 3 Months on the Blockchain by @bearmol
Saturday Savers Club Challenge and Goal Progress by @jfang003
Savings Challenge: A Cent More a Day by @alexvan
Four great posts with different strategies for saving and lots to learn from. We also had this post by @shanibeer, but she's not entering the challenge as she's the sponsor 😁 (it's also very weird writing about yourself in the third person).
The SPI have been shared between the four entries with @jfang003 getting 2 SPI and everyone else getting 1 SPI.
Thank you to everyone who took part - look out for our next saving challenge!
Now then - this week's EDS winners!
Every week, you have the chance to win EDS tokens for commenting. Last week we had comments from @alexvan @gillianpearce @ericburgoyne @solymi @bearmol @no-advice @justclickindiva, @missaj, @fruityfruitz, @erikah, @dkid14 @jfang003 and @preparedwombat.
Check your Hive Engine wallets Saturday Savers!
Thank you for taking part in Saturday Savers Club, everyone!
What's been happening in your world this week? anything exciting or fun? Tell us in the comments - you could win some EDS tokens 😁.
More about EDS tokens
EDS tokens are a low-risk income token, ideal for people who want to save. There were only 20,000 originally and 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.
Earnings come from powering up and leasing out the Hive that came from selling the tokens, plus earnings from posts and comments each week. EDS pays out every Monday evening: last week the pay out was equivalent to 20%.
Back to business ...
We're going to be here every Saturday through the year growing a little savings honey pot, if you have plans for saving or getting to a different place this time next year - maybe $5 Hive by the end of the year 🤑?
Whatever it is, stick with Susie Saver through the year and we'll get there. Along the way, we'll share lots of tips and tricks for saving and how to get the knack of making your money work for you and not the other way round.
Let's Get Started
Image by Andy M. from Pixabay Spot the difference! 😂
We're using the 365 Penny A Day Challenge framework for the Saturday Savers Club. We're aiming to save £667 worth of pennies by the end of the year.
Penny a Day Tracker Sheet
Right click on the image, save it to your computer and then print it out.
Okay, let's check in ...
1. Check Progress
Each week, we're going to check in through this post and see where we are up to. Our target for today, 10th April, was 6.79p. Next week, we'll be saving 7.28p and by Saturday we'll have savings of 57.81p (look how that is growing)!
Each week, I'll be buying Hive for @susie-saver's account with the pennies we've saved.
Here's this week's results - 6.79p buys 9.74 Hive.
154 Hive saved in 15 weeks! Plus we're earning 3.22% inflation on powered up Hive. Let's see what @susie-saver's investments will bring!
@susie-saver hit her goal of owning and staking 5 EDSM this week, in addition to her 50 EDS. She's powered up the rest of this week's savings bringing her account to 54.565HP. What do you think her next savings investment should be?
How much did you save this week? Did you meet your target? Or did you save even more?
Being accountable to another person or a group is a great way to motivate yourself to save (or anything you want to achieve). Of course, you need the right kind of people around you - ones that think what you're trying to do is worth doing ... or at least fun 😁.
Sign up here with us to start your savings journey:
- just leave a comment below if you want to join the challenge.
- follow @eddie-earner so you never miss a post (Eddie has lots of ideas about how to make money - he's the earner, I'm the saver - you'll like his posts).
- share this post if you think your followers might be interested.
2. The Golden Pig Tip
Image by 3D Animation Production Company from Pixabay
Every week, we're going to share a Golden Pig Tip for saving. By the time you've tried them all you'll have £670 saved.
This Week's Golden Pig Tip
This week's tip is about other ways to use the Penny a Day Tracker sheet above. We've started with day 1 = 1 penny, but here are two other ways (that's right, two tips this week) you could do it:
Tip No 1: start with the highest total first and work backwards so that on day 365, you save just 1 penny! This works well if you start in January and you're worried about saving large amounts in December when there are other expenses.
Tip No 2: print out the tracker sheet and each day choose the amount you are going to save and cross it off on your sheet. This way you can choose larger payments when you have more money, and smaller payments when you have less.
What do you think about these ideas? Would they work for you? Or are you better with the boiling frogs in cold water approach (start small and before you know where you are, you're saving big) 😁.
And today is always a good day to start saving - you can start on Day 1 or make up the first fifteen weeks to catch up with @susie-saver.
That's it for this week. Hope you've enjoyed it and look forward to seeing you next Saturday with progress so far and our next Golden Pig tip.
EDS, @eddie-earner's income token, is part of the SPinvest family including SPI (@spinvest), LBI (@lbi-token) and the @spinvest-leo account - a cool club in the making. Spinvest Family Motto: Get Rich Slowly.
Posted Using LeoFinance Beta