Welcome to Saturday Savers Club with Susie Saver.
What's been happening in your world this week? anything exciting or fun? Tell us in the comments 😁.
We have some exciting news this week:
Do you remember we were having trouble getting HBI to people who had posted great comments? Well, we've sorted out a solution - we've got hold of some EDS tokens for giveaways. Yay!
We wanted to use EDS right at the start - it would make sense, right, as @eddie-earner is the frontman for EDS? - but there were none available on the market. That's changed now and we were able to get hold of some. There's even five left on the market at only 1 Hive, for anyone who wants to get in and build their stake!
What's so good about EDS tokens?
I'm glad you asked, because EDS tokens are a low-risk income token, ideal for people who want to save. There are only 20,000 and they were all sold at 1 Hive each, with guaranteed earnings of 12% each year.
Earnings come from powering up and leasing out the Hive that came from selling the tokens, plus earnings from posts and comments each week. Right now, this is what @eddie-earner's wallet looks like:
Under pending rewards, you can see the proceeds from last week's Saturday Savers Club post - it's earned the equivalent of roughly 15 Hive for the EDS fund. Below that you can see the total Staked Hive Tokens (Hive Power) 21,784 HP. About 21,545 of that is leased out and earning income for EDS.
You can see from these figures that each EDS token is now worth about 1.09 Hive, a nice slow steady increase - that's what we like. EDS pays out every Monday evening: last week the pay out was roughly equivalent to 14%, that's already 2% higher than the original guarantee!
Here's the lucky winners of some EDS tokens - check your Hive-Engine wallet: @justclickindiva, @metzli, @cmplxty, @erikah, @chrisparis, @bearmol, @gillianpearce, @amr008 - thank you for taking part in Saturday Savers Club!
Okay, that's enough excitement ...
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 Denise Husted from Pixabay
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.
You can use the sheet below to track your progress:
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, 13th February, was 287p. Next week, we'll be saving 336p.
Each week, I'll be buying Hive for @susie-saver's account with the pennies we've saved.
Here's this week's results - 287p buys 12.643 Hive. That's less Hive than last week, because the price of Hive has increased. Low Hive price = more Hive; High Hive price = less Hive.
Still growing - nearly 62 Hive in seven weeks!
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:
Make your savings work for you
We're going to do just that by powering up 50 Hive to start benefiting from Hive inflation - let's see how the 50 has grown in one week. Next week, we'll be looking at other ways we can increase our savings, in addition to putting away our weekly pennies.
Have you got a favourite savings tip? Tell us in the comments.
And today is always a good day to start saving - you can start on Day 1 or make up the first seven 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