Welcome to Saturday Savers Club with Susie-Saver!
This week in the news - Savings to Bitcoin:
Source It's all changed since my day 😂.
Back in our own backyard, @eddie-earner's Saturday Savers Club post had the second highest number of comments on leofinance.io for the second week running. We had twenty more comments last Saturday than the previous one - can we hit No 1? 😁
Don't forget: the monthly CL buy takes place this week. If you want to take part send HIVEp or LEO to @cublife by 6am UTC on 21 June 2021. CL tokens issued at 10pm UTC that day. Dividends paid out in LEO every Friday at 9.00pm UTC.
Did you see @blocktrade's post Important note for anyone holding HBD before hardfork 25? If you have HBD, check it out. Hardfork 25 is expected about 30 June 2021.
SPI, LBI and CL Bonanza Chaaaaaallenge!
Win extra tokens! For the first time, we are including CL tokens in the prizes you can win as well as SPI and LBI.
Next week, we hit Week 26 on Saturday 26 June 2021 - half way through! So time for a six-month savings and investing review. Write your post, include #saturdaysavers in the tags, and post a link to your entry in the comments below.
PS watch out for the #HivePUD Challenge in next week's post!
Now then - this week's winners!
Every week, you have the chance to win EDS tokens for commenting. Last week we had comments from @gillianpearce @ericburgoyne @bearmol @justclickindiva @missaj @jfang003, @riandeuk, @bashadow, @solymi, @dagger212.
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 24%.
695 EDS Miner tokens left.
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 Shall I replace the chicken with the Bezos rocket? 😁
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, 19th June, was 11.69p. Next week, we'll be saving 12.18p and by Saturday we'll have saved 157.07p!
Each week, I'll be buying Hive for @susie-saver's account with the pennies we've saved.
Here's this week's results - 11.69p buys 38.84 Hive.
Over 370 Hive saved in 25 weeks (292 Hive powered up, the remainder invested in EDS and EDSM)! Plus we're earning 3.22% inflation on powered up Hive, 24% on EDS tokens and a little on curating!
@susie-saver has powered this week's savings; she's also been voting following a curation trail, bringing her account to nearly 293HP. She's aiming for 530HP and is 55% of the way there. What's your goal?
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
Here's this week's Golden Pig Tip:
Start to save for your emergency fund at the same time you are paying back debts. An emergency fund is a buffer in case you lose your job. If you do lose your job, you'll have some cash to keep your monthly outgoings and your debt repayments going.
Would that work for you? There was a discussion in last week's comments about whether it is better to start to build your savings at the same time as repaying debt, or whether it is better to clear the debt first. What do you think?
And today is always a good day to start saving - you can start on Day 1 or make up the first twenty-five weeks to catch up with @susie-saver. Or join our 100 day savings backwards challenge (ends 31 July 2021).
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.