Sam doen't use the banking system any more so set this up as a savings account for his kids. He anticipates that one day they will use Steemit so this account will be charged up, ready & waiting for them.
Steem Savings
42 Steem has already been added, giving the account an initial value of $125.
Thank you @canadian-coconut for being such a big part of this.
All rewards from this account will go directly into their savings.
All articles inspired by their wisdom and posted from the @samstonehill account will have the rewards moved to this account.
There have been two such posts so far:
Banner design
Using the same Steem piggy bank you saw in the title image Sam had some fun creating a banner which should work for both kids over the years.
The rise of Steem
In this moment Steem has increased 30X since Sam started using it 2 years ago, so it wouldn't be unreasonable to expect an increase of 300X in 20 years. Which at its current value of £125 would make this account worth $37,500. Assuming no further Steem is added.
Further Steem will be added however because it is Sam's intention to post regularly from this account giving you updates on their cuteness!
...and their adventures.
Final Thoughts
Why did I write this post in the 3rd person?
Really excited that for the first time in my life I am saving money... and it isn't for me.
Blessings to you all 🌱
Who is @samstonehill?
He is travelling the world with his partner & two children and with no bank account he has been living on STEEM & crypto for over a year.
All content created for this account is 100% original (unless otherwise stated), produced by @samstonehill who invites you to use & share freely as you wish.
@samstonehill is the creator of:
@steemshop account where you can buy or sell anything you like using your steemit wallet SEE MORE
@steemmasters which provides FREE TUTORIALS, personal training & resteeming services. Website HERE
Contact me directly on steemit.chat if you want to know more about this
@steemholidays which encourages resort owners to offer holiday packages in Steem or SBD
@steemtv which aims to provide the best in decentralised films, exclusive to Steemit & DTube
The dailyquotes tag initiative designed to encourage steemians to share their most life changing quotes with the community on a daily basis.
The Aspiring Steemit Whales & Dolphins group on Facebook which seeks to help newcomers make the transition from Facebook to Steemit, providing them with detailed notes and personal assistance with their posts... resteeming them when he can.
@teamsteem @timcliff @jesta @good-karma @someguy123 @blocktrades @pfunk @klye @krnel @blueorgy @ausbitbank @thecryptodrive @ura-soul @pharesim
Without them our beloved Steemship would not fly.
Learn what this means HERE and place your vote HERE
Welcome to Steem Community @esteban-luna! As a gentle reminder, please keep your master password safe. The best practise is to use your private posting key to login to Steemit when posting; and the private active key for wallet related transactions.
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So many welcome notes these days! It wasn't like this when I started two years ago ;)
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Thankfully I already know what I am doing here :)
✅ @esteban-luna, congratulations on making your first post! I gave you an upvote!
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Many thanks Mr botty bot :)
This is actually a fantastic idea! I opened a steemit account for my daughter (two year old lol) this week, it has been approved already.. And I think I will use this account to save up for her too. Thanks for sharing this idea, it is much better than using a normal bank account! Of course 100% upvote for your children! May they be wealthy steemians in the future :)
Hey there! Thanks very much for your enthusiastic words.
Even a high interest savings account can't compete with Steem and our kids which be 'whales' before they even hit their teens ;)
Welcome.. I was thinking the same thing.. How it could be so possible for those little ones to become whales in their pre-teen years lol..
Let's make that happen, cool goal!
I am so happy that you are here, esteban-luna! I wish you a very joyful journey here in this wonderful community :) Life is Good
Life is good indeed :)
Thanks for the welcome!
OMG. This is genius.
This is not a word often associated with the things I come up with! Thank you ;)
well, I totally agree with @milkkent ! I will use my daughters account the same way thanks to you. So if she will be rich in the future I won't forget you brought up this wonderful idea @samestonehill ! :)
Nice to meet you, @esteban-luna! Welcome to Steemit!
What a lovely name you have :)
Great to meet you too & thanks for your welcome but I have been around here for a few years already. This is a savings account for the children of @samstonehill
Use steem as saving account is something so insightful to do! Your kids is gonna be rich when they grow up.
Yes my friend. That is certainly my ambition with this! And I hope too they feel like voting for me ;)
Great idea and hope the amount will be of good value and use once they start using their account!
Thanks very much. It will be HUGE :)
Welcome to steemit @esteban-luna. Join @minnowsupport project for more help. Checkout @helpie and @qurator projects.
Send SBD/STEEM to @treeplanter to plant trees and get an get an upvote in exchange of your donation (Min 0.01 SDB)
Upvote this comment to keep helping more new steemians
Send SBD/STEEM to @tuanis in exchange of an upvote and support this project, follow for random votes.
Thanks
Welcome to Steemit @esteban-luna!
I wish you much success and hope you find Steemit to be as rewarding and informative as I have.
Yes, I love Crpto too! Lots of detailed analysis on my blog along with some predictions
Here are some links you might find useful.
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Oh yea, I have upvoted you and followed you. Many blessings from @introbot & @bycoleman
thanks
Good plan bro, enjoy the magic of compound interest!
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