Hey friends! We're getting towards the end of the month, so you know what that means! It's time for another update on what's happening with MyConstant this month.
In the past month (since my last update on 7/25), my $50, $50.75, and $50.25 investments matured, pocketing me $0.75, and I also earned $0.32 in interest on my Flex balance since my last update. That's $1.07 cents in a month with no effort on my part. It's not much, but it does add up! $1.07 a month is just under $13 per year, and that's not even including the fact that the interest compounds continually, meaning my balance is constantly growing. Because of interest compounding and reinvesting my fixed-term investments, I already earned way more passively in August than I did in July ($0.44).
I currently have 6 open fixed-term investments:
$60 for 30 days, which will mature on 8/30
$51 for 30 days, which will mature on 9/13
$60 for 30 days, which will mature on 9/17
$50.51 for 30 days, which will mature on 9/24
$50 for 180 days, which will mature on 10/7
$60 for 180 days, which will mature on 12/28
Combined, these will net me $6.56 in interest, and that will all be added to the principal and reinvested when each investment ends. I'm also planning on adding on at least one additional new fixed-term investment in September!
A few months ago, I mentioned that MC had created a chat feature. With the chat feature, there's quizzes, and you can earn titles from your activity with the quizzes and the chat. I'm super excited to share that, since the last time I updated, I've won the Ambassador title in the chat every week! All I had to do was be active in the chat, answer questions and share advice, and I won the title, along with a cool $20 prize, each week.
An exciting update from MC this month is an update of the lending lottery! Just like last month, you have the option to invest in the lending lottery, where you get 1% interest plus get to choose numbers for a lottery ticket. Every day of the week, a number is drawn, and at the end of the week, if you have any matching numbers, you'll win an additional amount of money on top of that 1%. You can win up to $10 million if you match all numbers! Previously, you had to match all the numbers in the same order of the drawing, but due to customer feedback, that was updated so you don't have to match in order anymore!
There's another big update coming soon, as I've learned from some of the customer service team in the chat. I'm not going to share what that update is quite yet, since they don't have a date for the roll-out, but trust me when I say you're going to want to get a membership and get your KYC approved ASAP!
I really like using MyConstant, and I like the fact that they're always updating and adding more features for their users. The lottery update was brought on by suggestions from the users, and I really appreciate the fact that they listen to what their users want. If you want to check them out, you can sign up at this link, and you'll get some money as a promo balance, on which you receive the 4% Flex interest rate!
Thanks for reading, and I'll be back next week with my end of August update! Jayme