Both Active Income and Passive Income are very important when planning out your Financial roadmap.
Active income is earned through direct involvement in work—such as salaries, hourly wages, freelance jobs, or consulting. It requires continuous effort, and the moment you stop working, the income ceases. Passive income, on the other hand, flows in with minimal ongoing effort after the initial setup. This includes rental earnings, dividends, royalties, or revenue from digital products and investments. While active income offers immediate financial rewards, passive income builds long-term wealth and can generate money while you sleep. Striking a balance between both can lead to financial freedom, blending effort with smart strategy.
Today this post is focused on including HBD as a component of your passive include in your overall Financial plan. Currently you can get 15% APR from the amounts that you add to your HBD savings.
I have been adding little amounts to my HBD savings over the past years. I have 117.022 in my Staked HBD balance earning 15%. This amount yields over 17 HBD each year or almost 1.5 HBD each month. The amount earned is claimable each month so you will also get monthly compounding of the yield as well.
My balance is still small as compared to where I would really like it to be but by adding just a little bit to this every month, it will grow and yield more and more each month.
Claim HBD earned Each Month
My last claim was on June 27th so I am a little late in claiming the amount that I have earned. I should do better than this because the sooner the amount is claimed the sooner it will start earning the 15% return.
I claimed the 1.861 HBD this morning. When you claim the amounts you earn, it is automatically added to your Staked HBD. The 1.861 HBD claimed amount will earn me an additional 0.279 HBD over the next year. So after four months, I will have already earned an additional HBD with very little effort on my part.
How is that for Passive Income?
Add more over Time
To get my Passive Include to a larger amount, I will need to continue to add to my Staked HBD over time. I currently have almost 25 HBD that is just sitting in my account not earning anything what so ever.
I will be taking and half of that amount and adding it to my savings so that I can take advantage of the 15% yield. This will add more to the compounding amount that I receive each month.
The 12 HBD that I added to my savings today will earn me another 1.8 HBD over the next year not even counting the compounding that I will also earn from it.
New HBD Staked / Saved amount
I now have 130.883 Staked HBD earning 15% yield. This will be 19.6 HBD over the next year excluding compounding. I will do my best to remember to claim next months yield when it becomes available so that the compounding effect can help my Passive Income even more going forward.
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