Saturday Savers 2023 Progress Report Week 40

It's Saturday, and time for my weekly #SaturdaySavers update !

This is going to be a bit of a brief update, as it's late on Saturday night and beer has been involved in the evening....


Image by René Knoll from Pixabay

Without further ado, here's my chart of progress this week;

Review of the week

This week had both HPUD and HBD interest arrive, which definitely helped the figures !

HBD continues to lag behind the goal, and even the interest didn't bring it back on target. I reckon I'll have to make a decision soon and take one of three options. The first is to increase my posting rate and find ways to increase the upvotes received so that HBD rewards really step up a notch. I'm not sure that's achievable, unfortunately. So I'll either have to find the fiat to buy some HBD, or accept that I won't be hitting this particular goal.

On a more positive note, everything else is on or over target, and both LEO and SBI's have already hit the goal. But in both cases I'm not going to stop doing what I'm doing. In the case of LEO, I'm happy with the rate at which rewards are arriving although I might need to buy some more in order to be able to meet the 150 LEO threshold for LPUD each month. As for SBI's, they're a small way in which I can give something back to the community, so there's no way I'm slowing up on those !

The next couple of weeks are likely to be crazy bust in real life, but I'm going to try to find the time to look at ways to optimise the various compounding effects to increase my HP growth rate. While my VESTs increase each week, the dial on getting to Orca status seems to be moving at a snail's pace, and it would be nice to find ways to accelerate the process without just piling scarce fiat in.

No Buy September

September was also "no buy" month, and I actually did really well during it. I didn't buy any crypto at all, and nor did I spend anything in fiat that could be considered an unnecessary luxury.

However, October might be slightly different ! Having spent some time working on the motorcycle, I've come to the conclusion that one component in particular might be faulty. Sadly, it's the electronic ignition. It is almost impossible to test accurately, the standard test is just to bolt another one on. So I'll probably have to bite the bullet, spend the £150 it costs, and hope that it cures the problem and there isn't something really insidious hiding further down the line that also stops it working !

If you're not familiar with SaturdaySavers, it's a fabulous initiative run by @shanibeer writing as @sally-saver on the @eddie-earner account, where we all support each other in getting to our savings goals.

If you are one of my friends reading this (or just someone who tripped over one of my posts), I really recommend this as a great community that's well worth joining.

I'm normally very disorganised about saving, and the support of the wonderful people in #SaturdaySavers has been invaluable in keeping me focused. I can honestly say that without it, my HP would probably be half what it is now.

So join ! You don't have to wait until the start of the year. The best time to start saving is ten years ago. The second best time is right now !

Posted Using LeoFinance Alpha

Posted Using LeoFinance Alpha



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13 comments
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Those are nice HP and HBD increases for the week ! It must be nice to see those monthly HBD payments !
Great progress
!ALIVE
!LOLZ
!PIZZA
!PGM

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO - 0.005 SCRAP tokens

remaining commands 4

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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@alonicus! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (3/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

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Thank you ! It's really great seeing the HBD roll in each month; I set myself a goal of getting to $20 interest a month at the beginning of the year and hit it. I want to build HBD up by earning it rather than buying it, especially as it's struggled to hold it's peg over the last few weeks (CoinGecko is showing it as around 92 cents this morning).

It's been a huge temptation to throw fiat at HBD so that I'm getting a decent amount of interest compared to the paltry amount the banks give, but I've managed to resist.... so far.

I keep thinking how much I'd have to put in to be able to actually live off the interest, but the figure is a lot higher here in the UK than elsewhere. I see it as a big plus for Hive that Hivers in places like Nigeria and Venezuela will be able to live off HBD earnings at an earlier stage than we can !

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I've not started keeping HBD yet. While the price of HIVE is low, I'm putting everything into HIVE, and then the idea is that if HIVE goes back about $1 at some point (heres hoping), then I would sell HIVE for HBD. That could be months/years away, however, I'm happy to wait. Although I do sometimes wondering if I'm missing out in the interim period.
!ALIVE
!LOLZ
!PIZZA

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@alonicus! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ hoosie. (4/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

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It's a good strategy, although it needs a crystal ball to know which one is better ! I'm certainly focusing more on growing my HP while the price is low, although this "real life" thing has put a crimp in how much spare cash I can afford to invest right now. Every time I have a month where I think I can put serious money into investments, a nice interesting new car or house maintenance issue seems to crop up !
!PIZZA
!LOLZ
!LUV

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Sorry, the LUVbot is currently out of LUV!

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I know what you mean - I'm only working within HIVE at the moment, and dont have extra to fire into it.

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Congratulations on your successes so far, @alonicus! I wish you indomitable success in reaching your goals! May orca level come quickly, and may your motorcycle be a easy fix! 😁 🙏 💚 ✨ 🤙

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