40% Goal on HBD Savings Achieved

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Yesterday I claim my HBD interest and along with that pushed some HBD to the savings thus because of both claiming and pushing some HBD to savings, I have achieved the 40% Goal i.e. 400 HBD. At the start of the year, I created a Goal to have a minimum of 1000 HBD in savings and thus today I can say that only 60% of the HBD is remaining to be sent to savings.

Saving HBD become a craze when the interest rate has been increased to 12% and thus more and more Hiveans are taking advantage of the interest rate.

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I have received around 3.584 HBD as the interest and thus getting that passive income that everyone wants. With 1000 HBD in savings I will be able to make 10 HBD per month and thus which is great fixed saving option as the fixed deposit here gives only 5%.

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As you can see I have around 400 HBD in savings and thus will be increasing it further as and when I will have some HBD. I am not pushing all the HBD to savings, I am keeping some for trading Hive because when Hive goes beyond $1, I can convert it back to get more HBD and thus can add those to the savings.

We Hiveans do not have to look anywhere else because Hive provides so many opportunities to grow and one such opportunity is HBD. If someone has earned quite a good amount of money and just want to safeguard that, can use the HBD savings option and get the interest alone which can help him to invest somewhere else and thus keep one's core money intact.

So I feel that it's good to invest everywhere but again keep some in HBD savings too just so that you can grow your fixed income so that whenever you need money you can withdraw from there instead of pulling out money out from the bear market.

Posted Using LeoFinance Beta



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