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.
In my country we have been going though an economic crisis for some time now .10+ years. Everyone is frantic about how horrible the economy is and that there are many people starving and no jobs available. Going through that at an early age , seeing relatives loose jobs and houses, i tend to think in "life" . If i did not get any money after this,ever, would i be able to live,and how? you can save money that way,but not enough room for ice cream though.
