RE: Saturday Savers Club - Savers of the Week (ending 5th of April) - Anniversary post with EDSMMs to giveaway !

My Saving and Investment Tips

1. Earning Hive Rewards. Be Active. Publish quality content on Hive. Research and understand various ways to earn, including delegating, leasing Hive Power (HP); Resource Credits (RC); and other tokens to individuals, projects, and communities. Doing so will earn you either daily, weekly, or monthly passive income in the form of liquid or tokens. Then, engage, curate, and support other Hive members to help them and yourself earn rewards for this activity. Finally, stay abreast of your activities to make timely decisions on adding, decreasing, or divesting yourself in a timely manner of any project that you feel doesn't meet your standard of care of is failing.

2. Diversify your wallet. Just like offline life, never keep all your savings and investments in one place. Remember the failed banking institutions in the U.S. where clients held all their funds in one place. The same goes for online sites and wallets. If an online site such as Ionomy goes out of business, they hold the keys to your crypto account. Make sure you have alternate storage locations for your investments, whether soft or hard wallets where only you have access to your investments. And as a backup, ensure that a trusted individual can immediately access your funds, such as a spouse or family member, if appropriate for long term planning if you are unable to access your funds.

3. Grocery and staple items. Purchase in small quantities non-perishable goods and other pantry items. If you have a buyer's club such as (Sam's / Costco / other wholesale outlet), you can stack these items if you have a place to do so safely. Buying in large quantities alleviate the fluctuations in price. Pantries and freezers are best for storing meat and freezable produce. All monies saved can be used to indulge in your crypto or other savings and investments without additional out of pocket expenses.