Week 28 : Either Bend or Break in this Continued Bear Market | 2022 SATURDAY SAVERS CLUB

In this Week 28 of our Saturday Savers Club, I had to step back and carefully considered my current financial situation. I've been steady holding on these past few months as my plans so far have gone according to schedule.

However, I was concerned about my Hive account losing over half its value.

Take a look at the HBD (purple) indicator. Lower-than-expected rewards caused my HBD balance to stall, then fall significantly.

I published content for 5 out of 7 days last week. This decreased is evident in my reduced rewards.

The success of failure of your account is tied directly to your consistent output of quality content.

Given my participation in the Saturday Savers Club, I was unable this week to transfer the stated amount of 13.09 HBD to my savings.

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My Hive Goals - Either Bend or Break

I've always possessed a flexible mindset when it comes to rolling with the punches. I needed to take the same approach to my 2022 savings plan.

Stepping back, I clicked the...

then, took the following actions:

• Re-evaluated my 365-day HBD Savings. I returned to DAY 1 amount (.01 HBD) and transferred it to my savings. This decision will result in me being able to continue saving, but at a lower pace.
  Once my rewards kick start again higher, I'll catch up with the chart the Club utilizes as its framework.

• Reduced my Hive delegations. I reduced the support I provide to Communities on Hive from 11,900 HP to 9,600 HP. This will provide me increased curation support.
  I still believe the reduced amount is an excellent show of confidence. I have supported these projects for over two years now. Once my HP reaches 15K, which is my goal for 2022, I will increase my delegations.

Week 28 Activity in the Saturday Savers Club

HBD Savings. Added .01 HBD. As part of this balance, I also received 4.268 HBD as 20% interest on my HBD savings balance. Therefore, my total HBD Savings to date is: 290.133.

EDSMM (EDS mini miners). Purchased 1 mini miner directly from @eddie-earner's account, thereby avoiding transaction fees. For more information, visit Invest directly from your HIVE wallet for additional information.

Hive Power Sitting at 12,739.695. Pushing to complete my goal of 15K HP by end of 3rd quarter.

PROJECT	Previous Bal.	Activity	New Bal.	GOAL	Comments
Saturday-Savers Club 7/2/22)	285.855 HBD	+4.278 HBD	290.133 HBD	667.95 HBD	Regular savings according to chart savings plan.
Hive Power	12,700.916	+39.833 HP	12.740.749 HP	15,000 HP	Awesome content creation rewards this week.
Leo @leofinance	454.365	214.633	454.365	1,000 Leo	Holding liquid Leo to participate in Leo PUD on 7/15.
CubLife @cublife	494.52	+0.00	494.52		Rewards on staked amount.
EDS-@eds-holdings	140.07	+1.53	141.60		Realizing increased rewards from new mini miners. For details, see: EDS income token weekly report 26-EDS Income Token Payout out 28% APY Hive Income
EDSMM-@eds-holdings	129.00	+1.00	130.00	1,000 EDSMM	Purchased directly w/o incurring fees.

^{*According to @lbi-token, "CUBLIFE (CL) in a nutshell is a hive-engine token dedicated to investing in CUBfinance that pays out weekly dividends in the form of LEO. All LEO/HIVE raised from monthly token issues is invested in CUBfinance. 50% of weekly harvests are converted to LEO and issued to CL token holders, 40% is reinvested back into the platform and 10% goes to LBI as an operators fee for maintaining and actively managing the wallet."}

You can join the Club and start saving at any time of the year. I, along with other members, meet over on @eddie-earner's account every Saturday and sometimes on Sunday. To see all Club members goals and objectives for 2022, visit the official Club post each week. Here's the most current post: Saturday Savers Club with @susie-saver | Week 28 - Saturday 9 July 2022 | EDSMM Giveaway | Win EDS for Comments - everyone welcome.

@shanibeer is our host and super saver with her @susie-saver account. She keeps the Club running smoothly and shares excellent ideas to get and stay involved with savings.

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PLEASE NOTE:
As I have reiterated, I'm not a financial adviser. My post is not meant to be financial advice. My articles on cryptocurrency, investing, and saving are meant to share my personal opinion, experiences, and general information about those items once I discover interesting facts and figures. Please perform your own research before investing in any project that you feel comfortable with. In all cases, only spend and invest in project where you have the available resources.

Why not join in this fun initiative and start saving whatever amount you can. To get started, why not take a look at the 2022 Savings Plans for the Club on @eddie-earner's account here: Saturday Savers Club with @susie-saver | 2022 Launch and FAQs | Everyone Welcome | EDS for Comments.

There is also a daily savings chart for 365 days. Check out the weekly Saturday Savers Club post on @eddie-earner's account for more details here.

Tell me what's your savings plan. I'd like to hear about different ideas. See you next week.