Welcome back to another edition of the Saturday Savers club. Please remember everything that follows is an account of my situation and my opinions, and are not financial advice. Before last week, it was over a month since we had an update regarding our savings goals. Today I am happy to report substantial progress towards my end goal for 2022 of:
- 5000 Hive Power, # 200,000 SPS, 50 EDSM staked, 100 EDS, and 300 SPI.
200,000 STAKED SPS GOAL ACHIEVED!!!
- Today I am very happy to announce that I hit my annual goal for staked SPS of 200k SPS this week! This puts me at 3 out of 5 annual goals completed as we finish the first half of the year. Next week I will raise some of my annual goals, and change some possibly, I will meditate on this. But in the mean time, I want to switch gears from the normal format and introduce my new financial literacy segments.
Financial Literacy
- Budgeting as a path to retirement
Step 1: Calculate your monthly and quarterly income
In Business, Net Income is the bottom line, the profit after all expenses related to the business have been paid. We are just like a business, we have income like from our career for example, and expenses like rent or income taxes that must always be paid.
Tally up all your income for the year, including dividends from stocks, and capital gains for example. Divide that number by 12 and 3 to get your approximate monthly and quarterly income. Take note of these numbers and all of the components that comprise your net income.
This active process is helpful because we acknowledge and take note of where our income and livelihood is derived.
Step 2: Track your spending
- Income is only one side of the equation, but the often overlooked and highly vital aspect of all of our lives are our expenses, or cost of living. There are two types of expenses, fixed ones like a rent payment, stays the same every month. But variable expenses like the water bill, or even groceries vary from month to month depending on the situation. For variable expenses it helps to track them, and use an average approximation, don't drive yourself crazy with the nitty gritty.
Examples of expenses:
- Rent (fixed)
- Mortgage (fixed)
- Car Payment (fixed)
- Groceries (variable)
- Entertainment (variable)
- Credit card payments (variable)
- Keeping a notebook and taking note of all expenses as they happen is a method many people employ to help organize and track expenses. That way analysis can be done on the data at a later time and the mind is clear.
Step 3: Analyze, Strategize, Execute
- Analyze your data, compare your monthly expenses to your monthly income. Figure out what are your main sources of income, can you create new ones. Simultaneously, look at what are the largest expenses that you are incurring, and take one at a time and look for creative ways to reduce or eliminate the expense if possible.
=====Where Did this Journey Begin=====?
- As of March 3rd 2022 when I set my 2022 goals, these were my balances:
Hive Power-- 1,421
SPS--------135,055
EDSM------- 6
EDS----- 1
SPI----- 53
=====HIVE POWER=====
- At my last update, I had achieved 11,495 Hive Power (Staked Hive).
- As of today, I have 11,510 Hive Power. An increase of 15 hive of organic growth for the week.
- The current hive price is $0.459 USD per hive. Hive had a nice pump during the week, which has since dumped. It stands up 10% from out last update. Im hoping hive goes back up so I can start accumulating HBD at some point efficiently.
=====SPS=====
- Last week my total staked SPS was 195,814. This week I staked an additional 4200 SPS hitting my annual goal of 200k Staked SPS! WOOOOOO!!!! SPS price is currently 0.049 USD per SPS. Down about 10% from last week.
- Now that I have achieved this goal, I can focus my SPS passive income towards other goals, like buying a node license.
=====EDS/EDSM=====
EDSM----- 100
EDSMM-- 265
EDS--------- 0
- No change in miners this week, sold my EDS to focus on buying Splinterlands vouchers, that is where I am currently allocating my passive income.
=====MISC DIVIDEND TOKENS=====
Dhedge-34,869 (New Total-30,159) Sold 4710 Dhedge
Utopis-679 staked (New Total-686) Added 7 Utopis
Index-584.3 (New Total---0----) Sold ALL 584.3 Index
Bro -3.29 (New Total- 0.36) Sold 2.93 Bro
Helios-76 (New Total-82) Added 6 Helios
Cartel-107.25 (New Total-100) Sold 5 Cartel
LBI-868.5 (New Total-34) Added 834.5 LBI
SPI-2.63 (New Total-0.6) Sold 2.03 SPI
Make savings a regular habit. Start small, but Start Today! The earlier you start, the more time you have for your money to compound and the less you have to put in. Best wishes everyone!
See you for the next update on my savings progress next Saturday!
Hi, you recently bought some hive punks from me, and I was wondering if you were interested in buying some more?
This is my gallery: https://punks.usehive.com/gallery/marki99
You can also add me on discord marc#4740, if you want to discuss some punks. I have many including rare ones. Let me know
not at this time, thanks for the offer, will keep that in mind, you have some nice punks indeed, if I hit a windfall somewhere I will reach out I see a couple I like! <3
!PGM
!LOLZ
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
lolztoken.com
It takes screen shots.
Credit: marshmellowman
@marki99, I sent you an $LOLZ on behalf of @forsakensushi
Use the !LOL or !LOLZ command to share a joke and an $LOLZ
(1/2)
Cool let me know!
200k SPS is a huge amount. Awesome.
Have a great day.
!LOLZ
!PGM
!CTP
Posted Using LeoFinance Beta
Yes, at Christmas my original goal was 100k staked by end of airdrop, cant believe I doubled that goal!
!PIZZA
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
lolztoken.com
It was a weapon of math disruption.
Credit: reddit
@forsakensushi, I sent you an $LOLZ on behalf of @steem82868
Use the !LOL or !LOLZ command to share a joke and an $LOLZ
(5/10)
I find it quite interesting that you are selling your tokens and even dividend paying tokens to relocate your funds instead of just waiting.
Are you tracking the value of your tokens and selling them when they are in profit? Or are you just selling them for Splinterlands cards? xD
actually none of the tokens sold were used to buy splinterlands cards, most of my cards I buy with credits from paypal. The tokens I have been selling were used to acquire Vouchers for Splinterlands, which I feel are very undervalued at less that 1 hive or 40 cents each, I can exchange these later for either bonus chaos legion backs equivalent to 4 dollars or discounts on node license purchases giving an equivalent discount value of 3 dollars each at the current tranche, rising with future tranches. This trade is similar to a trade I have done in Runescape many times over the years, I call it stored value. I purchase an asset, that I can at will convert into a higher value result, like vouchers, that I consider undervalued. I will hold this asset without fear of price decline because of exchangeability value, then as time progresses I will either use the item, or sell it if the price increases. Almost all of the tokens Ive sold were at a profit in terms of hive, but hive has declined, so it will work out to a nice minor tax loss, while increasing my net hive stake, that is my focus.
Damn, you are brilliant my dude :D
Pulling that old school runescape skill out is amazing! :D
Amazing numbers, I admire your perseverance and courage, it is not easy to persevere at this time.
!PGM
!PIZZA
!MEME
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
Credit: arthursiq5
Earn Crypto for your Memes @ hiveme.me!
Thanks as always brian! You have been a reliable name on nearly every post ive made and I greatly appreciate your support, sorry I havent visited your page as often in recent time, Ive been very overwhelmed, will make best efforts!
!PIZZA
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
!BEER for my brother
View or trade
BEER.Hey @brianhuang, here is a little bit of
BEERfrom @forsakensushi for you. Enjoy it!Do you want to win SOME BEER together with your friends and draw the
BEERKING.Dear @forsakensushi, sorry to jump in a bit off topic but may I ask you to support the HiveBuzz proposal?
It recently lost its funding, is struggling to get back above the HBD stabilizer proposal, and is in dire need of help.
You can support it on Peakd, Ecency,
On behalf of The HiveBuzz team, thank you!
Done and no problem brother! Hope your proposal is successful!
Im concocting a plan for a proposal, but im gonna refine the idea for a while and not rush it. Hopefully you will take a look in the future when I do propose it! Have a wonderful day
Thank you for your support @forsakensushi, really appreciate it! 👍
It's a good thing to refine your proposal before presenting it to the community. I will surely take a look at it as I receive a notification each time a new proposal is created.
Have a good day too.
!LUV !PIZZA !LOLZ
Posted Using LeoFinance Beta
@gillianpearce(2/4) gave you LUV.
H-E tools | my wallet | discord | community | <><
HiveBuzz.me NFT for Peace
lolztoken.com
I told her to get out of my fort.
Credit: lofone
@forsakensushi, I sent you an $LOLZ on behalf of @gillianpearce
Use the !LOL or !LOLZ command to share a joke and an $LOLZ
(2/4)
Thanks gillian!
!PIZZA
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
Congratulations achieving your SPS target, that is awesome!
I like the financial literacy, especially the bit explaining the difference between fixed and variable costs.
Much Appreciated! I had writers block on the budget section, I wanted it to be a lot longer and more developed, the inner perfectionist left me frozen, will do better next time! Thanks for the support!
!PIZZA
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
!LOLZ
!LUV
@forsakensushi(1/1) gave you LUV.
H-E tools | my wallet | discord | community | <><
HiveBuzz.me NFT for Peace
Wow - thats one heck of an HP increase since march - very impressive. And well done on hitting your SPS goal !
!ALIVE
@forsakensushi! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @hoosie. (7/10)
The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.
Thanks brother! I should be getting more but Im having a hard time liquidating a portion of my DHEDGE tokens, owning a large % of token has downsides lol
!PIZZA
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
Congratulations @forsakensushi! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next payout target is 500 HP.
The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Check out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!
PIZZA Holders sent $PIZZA tips in this post's comments:
gillianpearce tipped forsakensushi (x1)
brianhuang tipped forsakensushi (x1)
@svanbo(5/5) tipped @forsakensushi (x1)
forsakensushi tipped steem82868 (x1)
Join us in Discord!
Dear @forsakensushi, we need your help!
The Hivebuzz proposal already got important support from the community. However, it lost its funding a few days ago when the HBD stabilizer proposal rose above it.
May we ask you to support it so our team can continue its work?
You can do it on Peakd, Ecency,
https://peakd.com/me/proposals/199
All votes are helpful and yours will be much appreciated.
Thank you!
!PIZZA !CTP