Feed The Pig
That title is pretty fitting given the fact that we just finished the Thanksgiving season in the US. While I didn't go entirely overboard, I did eat a fair bit more than I probably would normally. Thanksgiving is an event in itself, but then you have the fact that family is in town, so a couple dinners out here and there isn't all that uncommon. You can certainly do things to avoid being a total glutton, but there is some compromise involved.
Believe it or not, this post isn't really about food. Though I will likely use a fair number of food photos throughout.
Maybe a decade or so ago, the banking industry was having a big push to get people to start saving money. Actually, I take that back. It was a nationwide campaign by the American Bankruptcy Institute and they used the slogan "Feed The Pig" to get you thinking about saving your money. In fact, they had a series of radio and TV ads that had a fun and lighthearted message about feeding your piggy bank.
It appears they have largely abandoned that campaign, but there is still a small section of their website dedicated to the "feeding the pig".
If I have to be honest with you, the ABI sounds totally made up. Maybe bankruptcy is more popular than I anticipated though.
"Our mission is to be the central resource for networking, research and education for our members at every stage of their career."
I honestly don't know why you would want to be a member of a group that deals with bankruptcy. It seems like that is one group you would be trying your best to avoid, but what do I know?
I am a saver though, so I do like the idea of feeding the pig. In fact, I have been doing a pretty good job of trying to do that with my HBD savings. It's kind of hard to beat 15% interest on something that you can basically just set it and forget it.
Sure, I know there is a fair amount of risk involved. Especially if you spend any amount of time in many of the HIVE related Discords out there. People seem to think HIVE is slowly circling the drain or already on passed to the other side. I don't agree with that, but I have always been a bit of an optimist.
By the way, in case you haven't noticed, it's the first of the month. That means it's HIVE Power Up Day. I did a small power up of just over 400 HIVE on this account which is my main one. On my secondary @bozz.sports account I did a significantly smaller power up, but it was still a power up. Growing that account has proven to be harder than I anticipated, but I still hope to get it to a pretty big level one day.
Especially given the fact that there may or may not be a new sports community coming to HIVE. I'll give you more info on that when I have it.
I had a lot of conversations over the holiday break with folks in The Pub Discord. It still baffles me the way that people take and take and take from the blockchain instead of working on growing their account so that they can create a sustainable system.
In the US, it's hard to imagine living off anything you make on HIVE. Even if your account gets visited by some of the big curation accounts, unless you want to start abusing the system, you are only looking at maybe $20 per day in rewards. You can honestly make five times that working a minimum wage job in a lot of places. The math just doesn't math.
Now, in places where the cost of living is much lower, those numbers might be different, but still, why settle for pennies when with a little work and a solid plan you could be making dollars.
Unfortunately, people don't see the benefit of growing their account. Either that, or they just don't care because they are so focused on what they need or probably more likely "want" right now.
That's why HPUD is an important reminder to be growing your account. Hopefully like many people HPUD is every day for you, but even if you are only doing it once a month, that's better than nothing.
My Sports Account - @bozz.sports
Come hang out in The Pub
It's a joke in my family--I never know what day of the week it is. Yesterday I powered up, thinking it was Dec 1. Well, anyway, I powered up :))
As for helping this platform to grow. I guess we are all here for different reasons. I'm attached, emotionally. If people stampede toward the door they will make their fear a reality. I work harder, if I see trouble. I don't pull back. I curate for two communities and try to spread the goodies around so that more people are having a positive experience here. If we care about this platform, then we should look I think around and try to lift others in this bear market so that there is incentive to stay.
I love the food pictures. But, enough food!!! I was really bad. Not cake and cookies, but lots of stuffing, cranberry sauce and olives. My weaknesses.
Happy Thanksgiving, @bozz. Thanks for being a positive influence.
Sounds like it was a wonderful holiday for you. I did eat quite a bit, but probably not as much sweets as I normally do this time of year. The next month will likely be more of a struggle! I'd like to see more people focusing on growing their accounts. I think that has always been an issue here. I know I am not going to change it alone, but if I can at least spread some education about why growing your account is a good idea, then that can't be a bad thing.
I can't imagine anyone making a living off Hive in a developed country, but I could believe it for other places. I also would rather people save, but if their $5 post can help pay their real life bills, well, more power to them.
I have been slowly selling most of my HBD for HIVE so I have little left. These prices are just too good. Of course if HIVE continues to drop, this decision will come back to haunt me. But let's assume $1 is just around the corner!
It's pretty rare that people make that $5 though. They could, if they grew their account, but I am just not seeing it. It's always a red flag for me when people aren't at least leaving a little of their HIVE powered up.
I did a small power up this time of only 50 Hive. Keep waiting for ETH to go higher against Hive, then I will do some more substantial power ups. For me Hive is my little piggy bank, I definitely don't anticipate it becoming a significant source of income for me any time soon :)
https://bsky.app/profile/did:plc:u37t33dyaufvrqujwmvm54ln/post/3m6wh4bex2c2x
https://bsky.app/profile/did:plc:u37t33dyaufvrqujwmvm54ln/post/3m6wh4bex2c2x
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Great job on the HPUD. You can't live off of Hive in the US, that much is certain. Especially earning as little as we do now. It's still fun and a creative writing exercise that keeps the brain active which is what counts! Saving is important, and fewer people are because they aren't earning enough to cover the rising costs. Social Security isn't going to be able to support us all either at the rate things are going, so provide for yourself is what I think we have to do here in the US.
It does look like you added in some great food pictures today, that turkey looks great as does the egg white omelet! I hope you had a great long weekend, and today we get to watch the price of silver climb towards $60. Too bad we can't get Hive above a dime at the moment...
HBD interest is still a great rate, the question is how much longer can we afford to be paying out that extra Hive to cover the HBD? Maybe if some true fiscal controls were put into place for the DHF, but it may be too late. Time will tell!
Thank you. No, I wish just one of my alt investments would do something. That might make me feel a little more comfortable. The egg white omelet was my wife's. I went with the real thing! The turkey is what I grilled up for the in laws for Thanksgiving dinner. Yeah, I need to keep an eye on HBD in case things start to go south. It actually might be a good time to move a lot more of it into HIVE. I don't know.
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