MAY Monthly Progress Report (And New Delegation Opportunity) | Saturday Savers Club

My 2023 Saturday Savers Club Objectives

Operating within the parameters of the Saturday Savers Club gives me the opportunity to work at my own pace to achieve my savings and investment goals. Utilizing the framework suggested by the Club, I find it easy to save with the simple guidelines. The beauty of it is that the Club offers two framework models you can follow if you choose. In the alternative, you can design your own. Just publish a post of your intentions and leave it with the most recent club post. After I discovered the Club two years ago, I found that it fit my strategies for savings and investments. I've learned so much from other members' experiences and savings tips.

What is the Saturday Savers Club?

Saturday Savers Club is for anyone who wants to save in any currency. No matter your purpose, you can begin slow and save at your own pace. Club members are a supportive group who encourages each other and willingly lend tips as they meet up on Saturdays at Hive account@eddie-earner's post. We're in Week 18.

GOAL: 667.95 HBD Savings

Weeks 14, 15, 16, 17, and 18:
April 1st balance: 50.093
Transferred to savings during month of April: 29.741 HBD
20% interest earned on savings from 3/1 - 3/31: 0.641 HBD
May 1st balance: 80.475

Earning 29.741 HBD for the month of April from my content creation is slowly increasing due to additional content creation. I've discovered that by increasing my content creation to between 5 - 7 posts weekly has a dramatic effect on my HBD rewards. Also, earning 20% on my HBD savings is a positive move for me as my balance nears 100 HBD.

EDS Tokens: For the month of April, my total mining lottery rewards were 13.27 EDS. I hope to earn more with my new delegation to the Hive account@eds-vote account (see details below).

May HBD Report	Previous Bal.	April Activity	New Bal.	GOAL	Comments
Saturday Savers Club [Weeks 14, 15, 16, 17, and 18]	50.093 HBD	+0.641 HBD	50.734 HBD	667.95 HBD	20% Interest earned
(6.65) ; (7.14) ; (7.63) ; (8.12); (8.61)	50.734 HBD	+29.741 HBD	80.475 HBD		Transfers to HBD Savings
EDS Token	246.34	+13.27	259.61		Mining rewards for EDSM and EDS Mini-Miner

Saturday Savers Club Activities

Weekly challenges to encourage Club members and formulate thinking of ways to save and possibly invest.

EDSMM Challenge for Week 18:
Vote for your favorite Saturday Savers Author of the Week. Visit this post to learn how voting takes place and read about the nominations to receive FREE EDSMMs

SPInvest Top XV (Hive account@spinvest) [ONLY 2 DAYS LEFT TO INVEST]

On March 1st, SPinvest launched its latest investment token, XV. This growth only token is a timed 2-year product. You can check it out here: SPinvest newest token release coming soon - XV. For more in-depth details, check out the latest post here to view fund allocations and token sales: Only 5 days left to buy XV tokens | Dont miss out on the ground floor price!

SPinvest's simplified model:

^Source

(NEW) EDSvote

On Monday, April 17th, a new project was announced. EDSVote. Hive account@eds-vote is an account where Hive members can delegate Hive Power to. In return for their delegation, they will receive EDS tokens each Monday. Already more than 50,000 HP has been delegated.

How Does It Work?

• If you'd like to participate, the process is simple: Delegate HP to Hive account@eds-vote to get EDS

• The delegated HP will be used to curate content on HIVE and provide small upvotes for those that hold over 100 EDS tokens.
  ~ 50% of curation rewards are used to mint new EDS tokens
  ~ 50% of curation rewards are powered up to Hive account@eddie-earner

• Each Monday, newly minted EDS are split between Hive account@eds-vote HP delegators each Monday

• Hive members that hold more than 100 EDS will get a small upvote (Hive account@eddie-earner advises that an upvote is not guaranteed, and respectively requests that you do not ask).

In looking for new projects to invest in, I decided to participate. I delegated a small amount of HP and will monitor their curation efforts.

Hive account@eddie-earner states that the project is a way to distribute the remaining reallocated EDS Tokens into circulation.

Hive account@eds-vote delegators can then either sell their rewards are keep them to build a HIVE income. EDS are pegged to 1 HIVE each and have a never lost peg from launch 3 years ago so they have a solid history and buying demand on hive-engine.

This form of EDS distribution allows more people get EDS without having to pay HIVE directly or own EDS miners. Also, it's a more efficient way to distribute the EDS token as a whole to a wider amount of people.

REMINDER...
The project IS NOT a delegation to upvote service. Delegating HIVE POWER to Hive account@eds-vote will not result in an upvote.

For additional details, visit here:

(NEW) Top Saturday Savers Club Author

Want to receive (FREE) EDSMMs each week? All you have to do is vote on your favorite Saturday Savers Club Author of the week. THEN announce you have done so in the latest Saturday Savers Club post comment section. EDSMM will be rewarded the next weekend. A nice way to support the Club's members. Visit here to learn about the Top Authors

For Club members who want their posts voted on, check out the Saturday Savers Club post for details. Remember, you must link your savings post ***by each Thursday at 12.00 noon UTC on the latest Saturday Savers post: ***

FRAMEWORK:
I construct my savings utilizing the following outline in reaching my savings objective for 2023:

PLEASE NOTE:
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.

You can join the Club and start saving at any time of the year. I, along with other members, meet over on Hive account@eddie-earner's account every Saturday and sometimes on Sunday. To see all Club members goals and objectives for 2023, visit the current official Club next week.

Hive account@shanibeer is our host and super saver with her Hive account@sally-saver account. She keeps the Club running smoothly and shares excellent ideas to get and stay involved with savings.

Why not join in this fun initiative and start saving whatever amount you can. To get started, why not take a look at the 2023 Savings Plans for the Club on Hive account@eddie-earner's account here: Saturday Savers Club with @sally-saver | 2023 Launch and FAQs | Everyone Welcome | EDS for Comments.

There is also a daily savings chart for savings 365 days. Check out the weekly Saturday Savers Club post on Hive account@eddie-earner's account for more details.

Tell me what's your savings plan. I'd like to hear about different ideas. See you next week.