Saturday Savers Club/Week 1

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Helloooooo beefriends, I'm back with another Saturday Savers' Club post, having just completed my first week! :) I've been dropping HBD into savings since last week in a modified version of the 365 Day Saving Challenge. So here are my results so far:

So after 8 days of saving, I have $8.28 HBD in savings earing that sweet, sweet 10% interest. :) As you can see, I am just dropping in whatever I have in the moment, rather than imagining that I'm always going to have a higher amount of coins later for the ease of putting in small amounts now. Plus, compound interest, man - if I can put in higher amounts in the beginning and leave them there all year, it will earn me more interest than if I started with all small amounts. So on days where I have a nice post payout, I'm putting in dollars; on days where I have a smaller amount of curation rewards, I'm putting in cents.

What are my goals?

Well, aside from the ever-present goal of NOT struggling to make ends meet, I have always wanted to get a full-sized keyboard. So a keyboard is my goal! And the rest might go into Hive Power, EDS tokens, groceries ...who knows, we'll see what life is like a year from now. ;) And this is assuming I don't need to snatch some away to make rent one month out of desperation. But that's what savings are for, right? A cushion for life emergencies. But I'm hoping to keep it going and earn that 10% interest on HBD savings! 😃

So that's my report for this week. Are you doing the savings challenge (or another one, I know some people are doing an autumn challenge), too?

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5 comments
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Hello @phoenixwren. I love your chart. It's different and visually appealing so that shows exactly the days you are saving. It doesn't matter how much or if you can't save every day...as long as you save. You're on a steady path. I'm also taking advantage of the 10% interest on HBD savings.

Take care.

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That 10% is great. Much better than any savings account in a bank!

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