Saturday Savers 2023 Progress Report Week 37

It's Saturday ! That means it's #SaturdaySavers day, so here's my update....

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.

Image by Foto-RaBe from Pixabay - LeoFinance is all about lions. See.... lions !

Without further ado, here's my table of progress for the week;

Overview of the Week

In terms of gains last week was a really good one, which is mostly a reflection of getting some real posting momentum going a couple of weeks ago.

Next week won't be so great because the momentum totally slipped - a combination of busy real life, exhaustion and loss of mojo.

I'm not beating myself up over it, I recognise that we're all allowed to have low energy weeks every so often. We need them to recharge our batteries and it's often weeks like this that give my sub-conscious the chance to cook up some great posting ideas.

Looking back over the last few creative writing posts I made, it's just possible I was in a darker place than I realised. They were some of my best posts, even if most of them seemed to revolve around various types of apocalypse, whether it was the end of the world or the end of everything. So it's probably good to refresh my brain and let some less dark ideas appear !

HIVE Price Action

One piece of good news is that the price of HIVE seems to be recovering a little. Some of this will be because I look at the price in GBP, and the pound has been tanking against the dollar over the last week. But mostly it's a genuine gain. It's too early to say if it'll be sustained, and there are bound to be ups and downs on the way, but overall I have a good feeling about it.

Collateral benefits of a HIVE price increase are that hopefully it'll motivate people to curate more, and (if my understanding is right) it'll take some pressure off the HIVE/HBD debt ratio, which may reduce the pressure to drop the HBD interest rate.

But HIVE will have to go up quite a bit before it's worth actually buying more HBD. I've got a mental target of £0.29 to make it worthwhile in relation to the price I paid for liquid HIVE. Until then, I'm happy to let HBD drift a bit above and below my goal, comfortable that the monthly interest will consistently take it above it if it's dipped below. Doing it this way also helps me hit my "No Buy September" goal of not chucking more fiat at crypto....

So that was my week - how was yours ?

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