Lol. I was going to be in the top 500 soon enough. However, due to extenuating circumstances I need to muster a total of $1500 HBD by the end of September and that will include my HBD savings. I was growing a solid $125 per month on savings and staking on other tokens too.
But, the $1500 is to instantly get rid of one of my big 4 debts that all of a sudden needs to be paid immediately instead of in parts.
At least a large weight will be off my shoulders.
I shall start again!
Good luck and well done to all the awesome hodlers out there! I salute your fortune and patience!
Paying off debt is definitely more important than earning interest. Congrats!
Thank you @geekgirl
It does sometimes feel like a bit of a punch in the gut to empty out that piggy bank.
I had plans to reach certain amounts of savings month after month. (I have a spreadsheet and everything). This would then turn into a notable little passive income generator.
I am really happy though that it is easy to just move forward from there and to start collecting again.
Once I have succeeded in paying this one off, it removes more than 25% of all my considerable debt out of the way. Most of these were managed bits of debt, they had slow and low repayments, and most of them I would have needed to carry for years.
As you say, paying off debt is more important than earning interest... I had not thought of it in that light. Paying this one off does come with a feeling that I will feel MUCH lighter afterward. That part I am excited about.
It has made me wonder if I could do the same with the other debts as well! Maybe I need to focus on that for the next 6 to 12 months and see how my financial situation can be after working on it diligently.
None of this would have been possible without Hive!
This is debatable, but I am a huge fan of living debt free.