Hive Power Up Day (HivePud) for August 1st. Feels as though I just completed July the month really flew by. When analyzing my Invest In Myself financial approach, I continue to feel I've made some nice choices in my savings and investments strategies.
As always, slow and steady is the key to my success. With this strategy and my concept for rewarding myself first, let's see how it has worked for me this second quarter.
Offline:
In the late 80s and early 90s, I invested in numerous DRIPS. They're Dividend Reinvestment Plans. Instead of receiving small quarterly dividends, I opted to reinvest them to grow my account value and holdings. The same concept applies to crypto investments I discovered called DRIPS. I'm continuing to research them for third quarter investment.
Online:
First, Reminder: Don't forget to claim LARYNX and RAGNAROK Tokens for August. Claim August tokens starting today. You can continue to claim LARYNX each month during 2022.
Miners and Tokens. I recently purchased upon release EDSMM. These are mini miners created on the same platform as the regular EDSM that support the EDS Income Token.
CubLife . As a result of my participation in the monthly-buy in, today I'm also powering up 225.790 CL tokens. This brings my total holdings to 724.789. I can see my goal of 1K CL being reached before year end.
LEO Power Up Day. Goal: 1,000. I've participated in the June and July staking contests. I plan to participate again on August 15th with a post evidencing my power up.
Personal Hive Account Growth: Although slow, my Hive account continued to improve. My consistency with regard to quality content creation, curation and engagement helped to power this upward growth.
2022 Hive Power Goal: 15,000 HP.
Current balance: 13,000.053 HP. The past few weeks have experienced a dip in my HP rewards from 45 - 50 HP down to 30 - 40 HP. Not to be discouraged though as I can see my goal of 15K within reach.
For August, I'm powering up 151.444 Hive.
| AUGUST 1, 2022 | HIVE | HP |
|---|---|---|
| Beginning Balance | 801.259 | 12,848.556 |
| Powered Up | -151.444 | +151.444 |
| Current Balance | 649.815 | 13,000.053 |
Wondering why you should power up? Powering up your account can help you by:
- Greater voting power on content blogs;
- More curation rewards when you vote on other bloggers' posts;
- More resource credits to perform transactions on the Hive Blockchain.
Saturday Savers Club. Goal: 667.95 HBD Savings. Current balance: 292.653 HBD. In several hours, I'll collect 4.563 HBD as 20% interest on my balance. We're in Week 31 of the Club. Weekly meetings are held by each Saturday over on his account for Club activities and engagement. Stop by and see what the Saturday Savers Club - Week 31 is all about.
CubLife monthly buy-in program:
Goal: 1,000 . Continuing to participate by automating weekly transfers for the 21st buy-in each month. Looking forward to participating on August 21.
Hive Communities and Projects
Delegations: 11,921 HP. In June, I decided to reduce my current delegations to an acceptable limit that will sustain my voting power while at the same time continuing to produce passive income.
IMPORTANT:
As I have reiterated, I'm not a financial adviser. My post is not meant to be financial advice. My articles on cryptocurrency, investing, and saving are meant to share my personal opinion, experiences, and general information about those items once I discover interesting facts and figures. Please perform your own research before investing in any project that you feel comfortable with. In all cases, only spend and invest in project where you have the available resources.
See you in SEPTEMBER.
Happy rest of the week everyone with whatever your endeavors.
SOURCES:
a) JustClickindiva's Footer created in Canva utilizing its free background and images used with permission from discord admins.
b) Unless otherwise noted, all photos taken by me with my (i) Samsung Galaxy 10" Tablet, (ii) Samsung Phone, & (iii) FUJI FinePix S3380 - 14 Mega Pixels Digital Camera
c) Purple Butterfly part of purchased set of Spiritual Clip Art for my Personal Use
d) All Community logos, banners, page dividers used with permission of Discord Channel admins.
e) Ladies of Hive banner used with permission of and in accordance with the admin's guidelines.
f) Hive PUD Thumbnail image created by me in Canva per my Pro Member Subscription.