Saturday Savers Club with @susie-saver | Week 12 - Saturday 19 March 2022 | March No-Buy Month | SPI Changing to HIVE Dividend | Building Your EDS Stack - Automating EDSM Purchases | Win EDS for Comments - everyone welcome!

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Hello Everyone,

It's a beautiful day here in the Middle Lands of England - bright, warm and sunny! Yesterday, the temperatures reached 20 degree Celcius in some parts of the UK, the warmest day of the year so far. Wonderful weather for planting seeds, especially with the lengthening days. I have some salad leaves and garlic on the windowsill and the fragrance of jasmine drifting through the house from the porch. Beautiful!

March No-Buy Month

That's Week Three of the No-Buy Month past. We had St Patrick's Day this week and my well-being club celebrated with a raffle for all the vegetables and seasonings for Irish Stew. I'm glad I kept my discretionary grocery budget because I spent £1 on a raffle ticket and won! And then I spent £9 on diced lamb to go with the vegetables.

I went to a local butcher, one where they still have a butcher's block in the shop and will prepare your meat to order as you wait in the shop. Five minutes later and I came out with £9 of diced shoulder of lamb, plus the bones thrown in. Mr P has seasoned the meat and we'll be cooking it long and slow through the day for a big feast in the evening.

Here's the background to my no-buy plans, and here's @justclickindiva's latest progress report.

SPI Dividends changing to HIVE dividends Today!

Very exciting news at SPI keeps evolving and maturing - the Fund starts paying dividends in Hive from today! SPI is a growth token - everything that is invested is pooled and used to grow the SPI fund. The token started as a $13,000 fund: last week's SPI report shows a fund value of around $263,000 as it comes to the close of the third year.

From today, SPI dividends will be paid in Hive. This is good news if you want to grow your HIVE account, alongside your other savings.

SPI is a managed account and if you've seen any of the excitement about Leofinance's release of PolyCUB, you don't need to suffer from FOMO - SPI is managing the fund to ensure SPI holders benefit from PolyCUB activities. All done while you are sleeping, thank you to fund managers @silverstackeruk and @jk6276.

Building your EDS Stack - Automating EDSM purchases

Busy week this week for EDS as 338 tokens changed hands! Buy pressure has been intense with buy and sell prices hovering just over the 1 HIVE pegged value for EDS:

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EDS is a lovely income token, it's currently paying 22.5% return and, at the moment, that return is rising and will for a couple of years. Again, if you are looking to build your HIVE account, this is a good token for you.

So how can you grow your EDS stack in the current market situation? That's easy: buy some EDS miners (EDSM) and mint your own EDS tokens. Here's how to automate your EDSM purchases and already several Saturday Savers have taken up this option.

If you are going to do this, I recommend aiming to buy 10% of an EDSM each week - that is 1 HIVE per week. In ten weeks, you will own a whole EDSM. If you want to buy more and grow your income more quickly, increase your weekly purchase to 2 or more HIVE each week. Check your weekly earnings using Hive Stats and see what you can afford. EDSMs are issued from @eds-holdings once a week on Mondays.

We had a rush on EDSMs this week, with just 209 left in the pot.

EDSM cost 10 HIVE in total and mine 2 EDS each year for 20 years - that's 40 EDS for 10 HIVE.

365 Day Savings Challenge

It's Week 12 on our savings plan and we've added 5.25 HIVE to @susie-savings wallet - we're up to 30.81 HIVE already! 🤑 These are sitting in the savings wallet for now. When last year's savings have finished powering down at the beginning of April, I'll power up the HIVE in the savings wallet so it starts benefiting from curation rewards and inflation.

EDS for Comments

We had comments from @justclickindiva, @yeckingo1, @jfang003, @bearmol, @dkid14, @ericburgoyne, @riandeuk, @tokutaro22, @youyowi, @phoenixwren and @forsakensushi Everyone went into the WheelofNames and we have two winners: @phoenixwren and @youyowi - hurrah! check your wallets.

Savings Goals

We've added some more savings goals and savings posts to the table. Leave a comment below with a link if you've done a savings post or settled on your savings goals for this year - it can take a while to decide your aims, so take your time and let us know when you're ready 😍

PS check that I have your goals correctly in the table or if I've missed you

Remember for success - Start Small, Start Today

It can be any day, and it can be any day when you've had a break and want to start again.

  • the best way to build wealth is to save small amounts regularly.

If you know anyone else who is interested in saving, please do tell them about the Saturday Savers Club, we love meeting people, sharing ideas and supporting each other. You'll find all the FAQs in this post and all the information about last year's progress in this post. Write a post to tell your friends and followers about us and drop a link in the comments below!

AccountPrimary GoalSecondary GoalInfo Post
@susie-saver667.95 HP-launch post
@yeckingo11,000HPLeo LotteryLeo lottery post
@wolfofnostreet3,000HPHBDsavings post
@ericburgoyne3,000 INDEXHBDgoals post
@jfang003667.95 HBD-savings post
@justclickindiva15,000HP667.95 HBD/667.95 HIVEsavings post
@bearmol2000HP-new savings goal
@missaj5000HP-let us know when you write a post
@tokutaro22384 HBD (computer)-savings post
@phoenixwrenEmergency fundmusic keyboardsavings post
@lauramica667.95 HBD (travel fund)-savings post
@dkid1410,000HP-let us know when you write a post
@riandeukSplinterlands 250k50 EDSM50 EDSM achieved!
@blezyn667.95 HBDlocal currency (naira)?let us know when you write a post
@sally-notbright£667.95 (fiat)-let us know when you write a post
@benthomaswwd let us know your goal -savings post
@dadspardan2,400 HBD-let us know when you write a post
@carlynn1,000 HP677.95 HBDsavings post
@alexvan+365HP-let us know when you write a post
@youyowi667.95 HBDEmergency fund (fiat)Savings post
@heypuch let us know your goal -let us know when you write a post
@omarcitorojas670 HIVE-savings post
@nitsuga12600 HBD-let us know when you write a post
@forsakensushi500 HP50 EDSMSavings Post
@shanibeer65,000 HP50 EDSMlet us know when you write a post
@rarej70 reputation50 EDSMSavings post

How's your week been? Did you hit your savings target? Tell us in the comments below!

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@eddie-earner content contributed by @silverstackeruk and @shanibeer.
Today's post by @shanibeer writing as @susie-saver.
Many thanks to @raj808 for the banner design 🙂

EDS, @eddie-earner's income token, and EDSMs are part of the SPInvest family including SPI (@spinvest), LBI (@lbi-token), CUBLIFE (@lbi-token) and the @spinvest-leo account. SPInvest Family Motto: Get Rich Slowly.

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