Hello Everyone,

Welcome to Saturday Savers Club for 2023!

Saturday Savers Club is for anyone who wants to save in any currency for any purpose. The Club is a supportive group of people who meet up around the weekly post, usually on a Saturday but occasionally on a Sunday, to share tips and techniques and have some fun in the process.

Saving is a skill that takes time and practice to acquire and, like learning any skill, doesn't always go the way you planned. Saturday Savers Club provides a framework that you can use to help you on your way, as well as tips and a process to provide or support the skills you need to design and manage your own savings plan.

Here's what happened in the first year of Saturday Savers Club.

How It Works

It's always good to have a framework or a target when you start saving and we're going to use the 365 Penny A Day Challenge. This starts nice and easy, so slow you don't even notice, just day 1, put aside one penny, day 2 put aside two pennies, until day 365 when you save 365p and you end up with 66,795 pennies or 667.95 USD or GBP (or HIVE or HBD).

You can do the 365 Day Challenge with any unit of currency - pennies, cents, hive, bitcoin - whatever you have lying around and you can easily get your hands on. You can keep physical pennies in a jar, or save them in an account, maybe a credit union account, or save digital pennies in your hive wallet.

At the end of the post are some charts and spreadsheets you can use to track your progress. Just copy and save the one that works best for you. You can join the Club and start saving at any time of the year.

The Saturday Savers Club is going to use the weekly chart in the Resources section below. Each week, the equivalent amount is going to be put aside in the @sally-saver account and recorded in the weekly Saturday Savers Club post. This year we are going to be saving HIVE (day 1 = 0.01 HIVE, day 2 = 0.02 HIVE etc) to grow the account to Minnow status.

I did this for the first time in 2020. I was blasé about the first week: 'Ha! I laugh at your 3p!'

... and worried (needlessly) about the final week: 'Erm ... you're saying that'll be £21.75?'

Of course, by the time I made it to week 52 (and weeks 48, 49, 50 and 51) I had learned how to put those pennies together every day without affecting my budget or the way I lived. That's right, I learned how to save. Gradually, week by week, you learn how to find that little extra bit of money that is going to make a 670 HIVE difference by the end of the year.

There's a bonus, too, to learning how to save, which is that your attitude and your approach to money and your economic well-being will have changed. You'll be in a different place and have a different mindset.

Here is @justclickindiva's experience of following the 365 Challenge for a year.

You don't have to follow the Saturday Savers Club framework. Several regular Saturday Savers Club members designed their own savings plan and followed that through the year. Other members adapted the 365 Challenge to meet their circumstances. Just choose the plan that is right for you.

Have a Savings Goal

^{Image by NASA-Imagery from Pixabay That's our savings, that is!}

One of the biggest things that makes a difference to saving successfully is having a savings goal - for Saturday Savers Club, that's something you want to achieve by the end of 2023.

In 2022, @phoenixwren saved for a keyboard and @lauramica for a trip to a distant province.

Reasons to Save - Some Savings Goals

Become a Hive Minnow
Build an Emergency Fund
Clear Debt
Pay for Christmas (or other celebrations)
Have a Crypto portfolio or become a HIVE business owner

This year, the Saturday Savers Club will be saving HIVE to become a HIVE Minnow by the end of the Year. If you're a new or small account, save along with us and become a Minnow by the end of the year (or maybe you want to become a Dolphin or an Orca)?

What's the goal for your savings?

Having Fun - EDS, Golden Pig Tips and More

^{Image by 3D Animation Production Company from Pixabay}

EDS Tokens for Comments

Every week, everyone who comments will have the chance to win EDS tokens. EDS is a second-layer Hive Engine savings and income token. Each one costs 1 HIVE and pays a guaranteed 12% HIVE income every Monday. They are a great token for savers.

Golden Pig Tips

Through the year, the Saturday Saver Club has a whole programme of challenges, tips and techniques for building your savings including token giveaways, no-buy months and side-hustles. This year, these will start in Week 2 - Saturday 14 January 2023.

Here's how you can support the Saturday Savers Club:

Vote for @eddie-earner posts - all HIVE, HBD and H-E token rewards on posts are powered up to grow the EDS fund and increase the EDS HIVE income every week - it's the magic of compounding plus a virtuous circle plus time! Never miss a post by setting up an autovote with Hive.Vote.

Build your network by visiting everyone's savings posts and commenting (leave a vote if you can).

Carry the Saturday Savers Club banner in your signature at the bottom of every post.

Write your own post now and then about the Saturday Savers Club and EDS and why you are involved or talk about it in your monthly Hive Power Up Day post.

How to Sign Up

^Source

It's easy:

If you're starting at the beginning of the year, leave us a comment below (you can link your savings post with this year's goals).
If you are joining later in the year, leave a comment on the latest Saturday Savers Post on the @eddie-earner account. In both cases, there's the chance to win EDS!

Resources

1. Daily Savings Chart

^{Right click on the image, save it to your computer and then print it out.}

2. Weekly Savings Chart 2023