Finally 600 HBD in savings, up for more!
Snowballing money
I have a goal to have 2500 HBD in savings by April next year, as I want to use that for a trip to Scotland with my wife then.
I started saving about two and a half months ago, this all from returns from posts. Today I passed the 600 HBD mark, which is a landmark as it brings in at least 10 HBD per month, which will of course only grow in the future.
This guarantees me at least 120 HBD per year, but I am quite sure that with the earnings of my posts AND the interest I will be able to reach my 2500 HBD target by April. I will probably be around 3500 HBD by then, if the interest rates stay the same, at least.
Passive income for everyone
This shows that building a passive income on Hive isn’t really that hard, it just requires consistency and some imagination to feed your posts with. If I can scrape together 600 HBD in two and a half months, I am sure anyone can do it, with access to the internet and a computer! It just takes the effort to post and do some research. But once you see the rewards of your posts, the motivation for that comes naturally!
This should be an incentive for anyone reading this that is doubting the the future of his account. There’s no reason to stop posting, to the contrary!
Sincerely,
Pele23
Nice amount! And Scotland 🏴 sounds great! You are going there because of the Single Malts or the landscape? First time?
I visited once, Edinburg. Really cool place.
We went on a road trip there in 2019, now we would like to hike alongside Loch Lomond. Amazing country
Loch Lomond, nice!! Do you know that famous folk song about it?
Didn’t know about that one, nice, but a bit sad though 😆
Yes indeed. Is about a soldier who might never return to his loved one and Loch Lomond. 😏
Very famous though.
That a great plan,family vacation do strength the love in the family.nice plan
Do you think that interest rates might fall from 20% after a while?
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Totally agree consistency and turning up is the key to achieving your goals. I have a similar amount in savings and am waiting for Hive to go up in price before stacking up much more. Nothing wrong with $10 per month for now as it is just building slowly.
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I have similar plans too, but I think my rewards will be lower than yours. Maybe I started taking my rewards in HBD savings, but I am currently at 300 HBD and a bit more. It’s still not bad, but things surely must accelerate!
Congratulations on your achieved goals and wish you luck into succeeding with your trip to Scotland!
Nice work, mate!
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Great motivation for the rest of us to but some HBD to work!
I think HBD is great but the low price of Hive makes me rethink my decision about getting some more Hive instead. I am holding onto the HBD for now.
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Great saving!!
I would also love to visit Scotland or Ireland, hopefully I can also do it. (For the moment I however don't want to touch my HBD, I want to also build it up to receive a nice income.