Journal #5 | 18 Feb, 2018
To Steem or not to Steem full time?
It's been a year since I registered on Steemit and 8 months since I started writing here. I've been investing all my author rewards on Powering Up and my vote is worth something now!
However, since I've completed my studies, I'm at a point where I have to choose between Steeming full time or working at my field of study. (Mechanical Engineering)
I decided to give myself some time to come to a conclusion and write on Steemit till then. If it works out pretty well, I plan to stick to this.
Drawbacks?
I won't be able to power up 100% cuz I'll be covering all my expenses with the SBDs.
However, I've been reading some books on money management lately. One piece of advice that I will always follow comes from a book named "The Richest Man in Babylon" by George Samuel Clason.
He suggests that before spending any money from your income, keep 10% of it aside for investments and spend the remaining 90% for expenditures. I will obviously be investing more than 10% on SP though (and reach my goal of 100,000 as soon as possible.)
If you're interested, I'll post a summary of what I have learnt from the book.
What about the title?
Yep, I cashed out my first SBD today and here's what I'll be doing with it.
I intend to buy a Saree for my grand mom with my first earnings. It is a traditional Indian garment worn by women. She's taken very good care of me ever since I was a child and I had decided early on to gift her something from my first earnings. I will post pictures soon.
I also have a few trips coming up in the first week of next month so I plan to fund my travels with it. I'll be posting some travelogues so that'll help counter the drawbacks.
Updates:
I'll be getting my motorcycle to Delhi soon and doing some rides with and
. It's been a month without riding already and it sucks. A biker would understand my pain.
Plan to maintain a daily schedule to increase my productivity.
Noticed a decline in originality in my posts. My posts have become more formal and robotic compared to my older posts. Will try to make it more informal and real.
Started practicing a musical instrument to boost my creativity. It has died a bad death but will try bringing it back to life :P
That's it for today.