HIVE POWER UP DAY || $400 GOAL THIS MONTH

Happy New Year, Happy New Month, and a wonderful New Week 🎉🎉🎉.

It is the first day of the year and month, and obviously, we know what it means: Happy Power Up Day, hurray!!! 🎉🎉🎉. If you are just coming across this initiative for the very first time, you should know that this initiative is a monthly tradition celebrated on Hive where we all have to power up some amounts of Hive. This contributes to the hive ecosystem and also to your personal growth on hive.

Yesterday I published a post about my Growth Report announcing that I broke my goal for last year, surpassing it by 400 Hive, and now I have a total Hive Power of 21,400 HP.

Today, I will be powering up a total of 90 Hive. This would take me up to 21,500 HP and just 500 Hive away from 22,000 Hive Power. I am so glad about this.

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MY $400 GOAL FOR THIS MONTH

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This year alone is full of expenses, and in order for me to be in a safe spot for them, I need to have some money prepared ahead, which is why I have made a goal to save up to $400 from Hive this month. I don't know how possible this goal is, but I am willing to try.

I know I am an advocate of setting realistic goals, but yeah, I think this is realistic enough to achieve, as I was surprised that I was able to raise 700 Hive last month, or should I say 800 Hive since I am powering up 90 Hive today. In dollars, 800 Hive would amount to $288, which is $112, far from $400. I believe if I take Hive seriously this month, this goal would be possible.

You must be wondering, Why am I pursuing this goal?

The relevance of this goal is the major expenditure that awaits me. First, my final year project, which requires me to build a drone-based maize disease detection and identification system, would require $503 to cover the cost of materials. Luckily, I have two project partners, which would require us to pay $168 per person.

I want to start working on the project as soon as possible, starting with the software phase of the project. My supervisor had instructed us to use a Jetson Nano as the edge computing device, which costs around $200, and I know if I am to wait for my coursemates to start contributing to get this device, it would take a while (definitely more than two months). If I can get this device by month-end or the latest February, this would help in finishing up this project in time. This is where the $400 savings would help so much.

The second reason is that I am going back to school, and with school come unplanned expenses on so many things. I literally spend about $120 a month on living expenses, which cover my feeding, data, and transportation. This month would likely be way higher because it is my birthday month but because of my need of money, I would try my best to spend a lot less this month

Another reason is that going back to school means paying school fees and my rent for my apartment. All these, put together, would amount to $170. But luckily for me, I would leave these for my parents to solve, but I am setting up a plan for this in case I don’t get myself disappointed.

And lastly, the need for savings. I don’t have any savings aside from my Hive Power. At the moment, I don’t even have emergency funds; I am just there. Due to the fact that I don’t like powering down and I don’t want to power down in the future, I need to make plans now on how to distribute these funds and make earning them a possibility.

In the end, it turns out I need more than $400 to cover the total expenditure listed. I know that I have not earned up to $400 in a month on Hive for a long time—actually, more than a year. If it was the last two years or during the bull run, when I probably earned more rewards than now, raising $400 may have been very possible in two weeks, but let us see how this goes this month.

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How do I plan to achieve this goal?

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A goal without a plan is just mere wishful thinking.

I believe that to achieve a goal, one needs to be intentional about it, waking up every morning with thoughts of how the day would contribute to making that goal possible. So I have thought of mental and physical actions to take towards attaining this goal.

My first plan is to: "Write More Often Than Always."

I am the kind of person who writes three times a week, as I get very busy in the offline world, and I know this is due to poor time management and improper planning. I hope to work on this and make sure I publish at least once a day. It would not be nice to write every time without engaging with others. I would make sure to keep this in mind as well.

Second Plan: Set 70% rewards to @reward.app on all post

I really need as much money as I can get, so the reward app would be helpful here in getting some of those rewards that go to HP. This way, I keep building my Hive Power as I post often and, at the same time, save money. The rewards I get back in Hive would stay at Hive and be kept in Hive Savings. This would be done so as to take advantage of an increase in the price of Hive, and if it happens the other way around, I would bear my losses.

Third Plan: Sell second Layer Tokens

At this point, I am considering selling my Holozing tokens—not all—but using the opportunity to buy Hive back since I am delegating 10k HP to Zing, and at the same time, I would increase my delegations to Posh tokens and probably Zing too, so that I can get back those tokens I end up selling.

I believe that with these plans, I hope to achieve my goal of $400 at the end of January.

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My Hive Power Goal

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I want to make sure I keep growing my HP, no matter how small, as my growth is important. So therefore, my goal is to increase my HP with the addition of 100 Hive. I hope to attain a total of 21,800 hive power by the end of the month.

All these may not be easy, but I will do my best. God help me!

Month	Hive Power	Hive Power (target)
September	18,969	19,500
October	19,506	20,000
November	20,170	20,600
December	20,761	21,400
	2024
January	21,510 (present)	21,800

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𝙰𝙱𝙾𝚄𝚃 𝚃𝙷𝙴 𝙰𝚄𝚃𝙷𝙾𝚁

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