Saturday Savers 2024 Progress Report - Week 36

It's Saturday, and time for my #SaturdaySavers update. A very truncated one, I'm on holiday and enjoying some serious sun and warmth (yaaay!) but it means I haven't got all my Excel toys to hand.

Can you guess where I am ? Clue in the photo below.....

Photo by me, just now

Without Excel, I haven't got a table of progress as I normally do, but here's a bit of update data and commentary.

Overview of Last Week

The main thing with last week was that it was my first week back on Hive after taking a short break to deal with reality.

That means that most of what happened was natural growth for a week in which I hardly even logged in. It covers a single post and a little bit of curation, and that's it. It's actually useful data, because it gives me a baseline of how my account would grow if I had to totally step away from Hive for any reason.

Hive Power during this downtime grew from 9746.503 to 9763.33, an increase of 16.827. Almost all of this was from a bit of curation and some investments like EDS that pay out with HIVE drips. !

HBD on the other hand grew by exactly zero, which is to be expected when I didn't actually post anything. Accrued interest so far is 6.1 HBD, so at the new lower interest rate I need to add around 530HBD for the monthly interest to hit my target of 30+ HBD again. I'm wary of doing this at the current price of HIVE. Additionally, the fact that the interest rate was dropped in a single jump rather than smaller incremental changes over a period of time makes me think that it's governance is a matter of knee-jerk reactions, which isn't something I'd expect to see in a serious stablecoin.

LEO grew by 12, and I'm well over my target for the year. When I get back from holiday (or maybe even while I'm still here) I should try to make more of an effort to post in Threads. I gained a delegation from LPUD, and feel really bad that I'm not making the most of it !

I gained 1.75 EDS over the last week, a mix of EDSMM and delegation rewards. You know what I like most about EDS ? No drama. They just sit there quietly doing their thing and dripping HIVE to me every week. To me, that's the prefect investment.

I'll sign off for now saying that I hope you're all having a week as good as mine, but if you are that's awesome, because there's not much better in life than sitting on a nice hotel balcony, sipping Chufi, tapping away on a laptop and watching the drunken tourists on the seafront below making fools of themselves 😁

If you're not familiar with SaturdaySavers, it's a fabulous initiative run by @shanibeer writing as @sally-saver on the @eddie-earner account, where we all support each other in getting to our savings goals.

If you are one of my friends reading this (or just someone who tripped over one of my posts), I really recommend this as a great community that's well worth joining.

I'm normally very disorganised about saving, and the support of the wonderful people in #SaturdaySavers has been invaluable in keeping me focused. I can honestly say that without it, my HP would probably be half what it is now.

So join ! You don't have to wait until the start of the year. The best time to start saving is ten years ago. The second best time is right now !