Hello Everyone,
Welcome to Saturday Savers Club with Susie Saver!
We have a beautiful bank holiday weekend here in the UK with brilliant sunshine (at least we do in the Middle Lands of England). Just as well, because this has been a week of mishaps - Wednesday I had to buy a new battery for the car and today I had to buy a new hedge cutter before the garden path becomes impassable.
To be fair, the battery was at least five years old, and the old hedge cutter was coming in at something like twenty years, so both have given good service. But I am always put out when things have to be replaced, I expect them to last forever! How do you manage with repairs and replacements? See below for our hot tip!
Now then - this week's EDS winners!
Every week, you have the chance to win EDS tokens for commenting. Last week we had comments from @gillianpearce @ericburgoyne @bearmol @justclickindiva @missaj @jfang003, @riandeuk and @erikah.
Okay, everyone who commented last week went into the WheelofNames and the winners are: @missaj and @ericburgoyne - yay!
- Congratulations!
Thank you for taking part in Saturday Savers Club, everyone!
What's been happening in your world this week? anything exciting or fun? Tell us in the comments - you could win some EDS tokens 😁.
More about EDS tokens
EDS tokens are a low-risk income token, ideal for people who want to save. There were only 20,000 originally and they were all sold at 1 Hive each, with guaranteed earnings of 12% each year. You can now acquire EDS tokens through the EDS Miner token.
Earnings come from powering up and leasing out the Hive that came from selling the tokens, plus earnings from posts and comments each week. EDS pays out every Monday evening. Last week the pay out was equivalent to 22%.
Just checked - 715 EDS Miner tokens left.
Back to business ...
We're going to be here every Saturday through the year growing a little savings honey pot, if you have plans for saving or getting to a different place this time next year - maybe $5 Hive by the end of the year 🤑?
Whatever it is, stick with Susie Saver through the year and we'll get there. Along the way, we'll share lots of tips and tricks for saving and how to get the knack of making your money work for you and not the other way round.
Let's Get Started
Image by Andy M. from Pixabay Me and the chicken go back a long way 😁
We're using the 365 Penny A Day Challenge framework for the Saturday Savers Club. We're aiming to save £667 worth of pennies by the end of the year.
Penny a Day Tracker Sheet
Right click on the image, save it to your computer and then print it out.
Okay, let's check in ...
1. Check Progress
Each week, we're going to check in through this post and see where we are up to. Our target for today, 29th May, was 10.22p. Next week, we'll be saving 10.71p and by Saturday we'll have saved 122.00p!
Each week, I'll be buying Hive for @susie-saver's account with the pennies we've saved.
Here's this week's results - 10.22p buys 24.80 Hive.
Nearly 285 Hive saved in 22 weeks! Plus we're earning 3.22% inflation on powered up Hive, 22% on EDS tokens and a little on posting and curating!
@susie-saver has powered this week's savings; she's also been voting following a curation trail, bringing her account to nearly 190HP. She's aiming for 500HP and is 40% of the way there. What's your goal?
How much did you save this week? Did you meet your target? Or did you save even more?
Being accountable to another person or a group is a great way to motivate yourself to save (or anything you want to achieve). Of course, you need the right kind of people around you - ones that think what you're trying to do is worth doing ... or at least fun 😁.
Sign up here with us to start your savings journey:
- just leave a comment below if you want to join the challenge.
- follow @eddie-earner so you never miss a post (Eddie has lots of ideas about how to make money - he's the earner, I'm the saver - you'll like his posts).
- share this post if you think your followers might be interested.
2. The Golden Pig Tip
Image by 3D Animation Production Company from Pixabay
Every week, we're going to share a Golden Pig Tip for saving. By the time you've tried them all you'll have £670 saved.
This Week's Golden Pig Tip
Here's this week's Golden Pig Tip:
A great goal for your Penny a Day Challenge is to save for your Emergency Fund. This is usually between three and six months of your monthly outgoings and is there if you need it ... in an emergency! It's a useful buffer and can help with those unexpected expenses (don't forget to build your fund up again after spending in an emergency)!
And today is always a good day to start saving - you can start on Day 1 or make up the first twenty-two weeks to catch up with @susie-saver. Or join our 100 day savings backwards challenge.
That's it for this week. Hope you've enjoyed it and look forward to seeing you next Saturday with progress so far and our next Golden Pig tip.
Today's post by @shanibeer writing as @susie-saver.
EDS, @eddie-earner's income token, is part of the SPinvest family including SPI (@spinvest), LBI (@lbi-token) and the @spinvest-leo account - a cool club in the making. Spinvest Family Motto: Get Rich Slowly.