Topic: Do you think in year salary or month payment? - page 2. (Read 293 times)
I would prefer earning monthly than yearly. It's hard to save money if its a yearly investment. There is a possibility of overspending when a person has a lot of money. Limiting the money on hand per month will surely help. The only advantage of yearly salary is that you can invest your money elsewhere. There are risk but who knows. Also, I don't think there will be a company who will pay on a yearly basis. It's not good on the accounting side. If you know what I mean.
I'm from a Contry who has a society that's used to think in 'how much will I earn per month in this job?' but I know that there are ones who think in 'how much per year will I my salary be?'.
When I started to think my money in 'year salary' I stoped to buy those little things as icre cream... becouse let's say that per month, in the 'month payment' system, 20 bucks is just a little fraction of your 700 dolars payment (for example), but in the 'year salary' this gives you a total of 240 bucks ice cream bill. That's too much for someone who earn 700. Personaly, for me around 60 bucks for ice cream a year is ok enough.
That had saved me a lot o money in the past few years ... well, at leat works for me.
Does the culture around how the population deal with their payment changes how the entire society evolves and deal with money issues?
How does this would apply to crypto?
I just see too much people that will not be ok if lose the month payment becouse have no savings and always had a monthly spend inside the monthly payment, rich or poor a lot of ppl just think about the 30 days future to the next payment.
When I started to think my money in 'year salary' I stoped to buy those little things as icre cream... becouse let's say that per month, in the 'month payment' system, 20 bucks is just a little fraction of your 700 dolars payment (for example), but in the 'year salary' this gives you a total of 240 bucks ice cream bill. That's too much for someone who earn 700. Personaly, for me around 60 bucks for ice cream a year is ok enough.
That had saved me a lot o money in the past few years ... well, at leat works for me.
Does the culture around how the population deal with their payment changes how the entire society evolves and deal with money issues?
How does this would apply to crypto?
I just see too much people that will not be ok if lose the month payment becouse have no savings and always had a monthly spend inside the monthly payment, rich or poor a lot of ppl just think about the 30 days future to the next payment.
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