this makes a huge impact on the economy.

[arwin100]

I noticed majority of the people in my area tend to spend more money then usual when they get their salary, like buying things they don't really need.
I said majority of people because my dad owns a grocery store, I have noticed that most of the customers tend to buy more stuff on the 1st and 10th day of the month because on these days they get paid in my country.
I already seeing this pattern on news or business related youtube videos, but I didn't think it was a big deal.
Now I realized that its very important to consider this behavior of people when making business decisions because it can have a big impact on the sales or finances.
I am surprised by it because in my family we usually buy only things we really need, I am starting to understand how other people's spending habits can affect the business.

Do you also find yourself spending more on you payday?, or you approach your expenses differently?

Sometimes there environment push them to do that because they think its better for them to satisfy theirselves by buying their want since it can make them happy especially if there's people appreciate their owned items. But no attitude like that would last since if those guys would realize that they need to mature and stop spending on thing they want but instead buy only their needs for sure they get more better.

That's the reason why businessman know how to deal with those people since they always join the latest trend that's why many people think about having that since they think its important that they have that items so that they will not left behind on what's new today.

But for me I'm done with that stage and its good that I know bitcoin since what I always thinking right now is where I should invest my money so that it can generate another income. If these guys will think about this for sure they get more better output in life.

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[bitzizzix]

In my opinion, this is a common thing and almost everyone who has a monthly salary will do this, because the beginning of the month is a good time to buy things you want or need. And does the OP know they're buying things they don't need? I think workers now have a different mindset because the economy is not good and they will definitely buy things that they need or want, not because they don't really need them.
They work and there is definitely a desire to buy something that others might consider unimportant. However, they consider it important and enjoyable and like it and this is natural because they want to fulfill their desires and needs from the results of their work which may have been considered and detailed beforehand.
Because I do too. So when I buy something that I want and often and some people think it's not important, even though for me it's important and I like having it. And that doesn't mean I don't budget for my needs and other things, including savings and investments because those have been thought about and detailed beforehand without omitting other important things.

[lovesmayfamilis]

There is a remark that going to the store not every day saves more money than shopping every day. If you go out every day to buy bread, for example, you may certainly have a desire to buy another thing that is really not needed at the moment. But the way you decide what people need or not is wrong. Perhaps they postpone shopping until certain days, and that's when you get the feeling that people are wasting money. By the way, your father, since he is so observant, should raise prices on goods on days that are popular with buyers. This way, you can disrupt their shopping pattern and also make more profit if people consistently buy at the same time.

[iv4n]

...
Do you also find yourself spending more on you payday?, or you approach your expenses differently?

I guess each of us is in a different situation, in my house, I am the only one who is working... wife is at home with two small children who are growing up and asking for more and more. So they wait for that day definitely, and when it comes they remind me about all the promises I made through the last month... so I am in that group that spends more money when I get my salary. But I guess that is a normal thing for the majority of people at the moment, it seems to me that it was easier before, but since the prices of everything have gone up, money is melting at an insane speed, it's hard to keep up.

[DVlog]

I noticed majority of the people in my area tend to spend more money then usual when they get their salary, like buying things they don't really need.
I said majority of people because my dad owns a grocery store, I have noticed that most of the customers tend to buy more stuff on the 1st and 10th day of the month because on these days they get paid in my country.
I already seeing this pattern on news or business related youtube videos, but I didn't think it was a big deal.
Now I realized that its very important to consider this behavior of people when making business decisions because it can have a big impact on the sales or finances.
I am surprised by it because in my family we usually buy only things we really need, I am starting to understand how other people's spending habits can affect the business.

Do you also find yourself spending more on you payday?, or you approach your expenses differently?

I don't think they always have something that they don't need. If you are saying this only because they were buying luxurious things then it is normal for most people to act like this when they get their salary. People do this because of their lack of financial knowledge or because they don't care to change their financial status. Sometimes people bring something that only brings liabilities but they still want to buy it because they want comfort in their lives.

I usually try to manage my monthly expenses in such a way that i have some money left at the end of the month to invest in stocks or crypto. Most of the time the amount is very small so I use three or four months of savings to buy an asset.

[harapan]

If your society does not face financial shocks such as imposed inflation or sudden unemployment, then people's spending habits will inevitably be like this, as most people tend to feel that they are rich and thus spend more money whenever this money is available. This feeling gives them a feeling that what they are doing is great, whether it is jobs or businesses. service and Adrenalin dosage to continue working hard, even if they know that at the end of the month they may not be able to get the same quality of life.

It's a general rule of economics that people spend more when they have money so this behavior should be pretty normal. Isn't that what inflation is based on? When there is too much money, the price of commodities increases because buyers have more money to spend. When people receive their salaries they tend to buy all the things they need, and stack up their fridges. This doesn't make it a bad spending habit. They can't have money and not use it to solve the problems it can solve. Everybody wants a better quality of life and once they have money they will try to make sure they live better, that's the whole essence of working.
It's even economically better to buy stuff once in bulk when there's money instead of buying in small quantities every time.

[sokani]

I noticed majority of the people in my area tend to spend more money then usual when they get their salary, like buying things they don't really need.

This is something that is common among salary earners when they receive their salaries in the first week of the new month. Some of them that are not financially prudent tend to spend their money recklessly, before the middle of the month, they've gone broke and they begin to buy things on credit while they wait for their next paycheck.

Do you also find yourself spending more on you payday?, or you approach your expenses differently?

I'm not a salary earner and my approach is quite simple. Whenever I noticed my food stuffs have depleted, I restocked. I get basically what I need and most times it lasts more than a month.

[Wapfika]

Do you also find yourself spending more on you payday?, or you approach your expenses differently?

Yeah, This is normal because you will have more cash available unless you are planning to buy something big that you need to save it. But most of the people will surely spend a lot during payday because have more cash to spend especially those whose salary is just sufficient for daily necessities.

People considering treating themselves during payday as reward for their hard work. I usually ho to the mall or eat on fancy restaurant during payday as gift to myself.

[kentrolla]

Not completely aligned with your though process, but I agree that most of the people spend more in first 10 days of the month compared to last 20 days but we need to understand that's when people stock up grocery, end up paying all the dues and once they spent the default amount they go on budget mode and buy only things which are only absolutely necessary or what they have missed out to purchase during first ten days and it makes them look like they have per spent. It's a common misconception and I have worked with one of the latest eCommerce company hence I knew how the customer behavioural pattern.

[taufik123]

-snip-
Everybody wants a better quality of life and once they have money they will try to make sure they live better, that's the whole essence of working.

More precisely is the purpose of work, providing a higher level of quality of life with the salary received on his job.
But some people who do work also have not been able to raise their standard of living to a higher level because the salary from the job does not make enough money to change their lives more comfortably, but it still needs a process.

It's even economically better to buy stuff once in bulk when there's money instead of buying in small quantities every time.

I always apply this kind of thing, when I have more money or enough salary to buy large quantities of necessities, I buy everything needed,
so there is no need to buy gradually or separately because it will take more time and of course more money used for transportation and some other costs.

[Ahli38]

Do you also find yourself spending more on you payday?, or you approach your expenses differently?

Actually, there are two possible reasons why people shop more when they get paid at the beginning of the month or on a young date. The first reason could be that they are being wasteful and want to pamper themselves a little by giving themselves a little gift by shopping more than usual. The second reason is that they actually shop more at the beginning of the month because they shop for a lot of necessities to store and make supplies for one month's needs. Because I personally also do this. But because I usually withdraw money for household needs for a week once a week. So I usually shop in large quantities at once once a week to stock up on necessities for the week.

So people who shop a lot at the beginning of the month may not be wasteful people but they do shop more for supplies. But there are also typical people who are wasteful when they receive their salary. They even party and they forget that the money they get must also be enough for the next month. But I personally see that most people who are married are used to shopping more during payday and that a lot of shopping is not to be spent in a short time but is to stock up for a certain period of time.

[Fivestar4everMVP]

I truth of the matter is that, majority do spend more on their pay day, most especially those earning monthly, and I do not really blame them since in the course of the month, some needs must have risen up but there was no money to meet those needs, so the usually push such needs to the ending of the money when they get their paycheck, so immediately the paycheck comes, they go on to meet their needs that has been pending for the paycheck to come.

I know this because I worked and earned on monthly basis before, when the salary comes in and you see me buying alot of things, I am not buying things I don't need, I am only buying things that have been on my pending list waiting for my salary to be paid.

[stadus]

You should appreciate the fact that their spending habits could contribute to the profitability of your father's business. Thanks for sharing your observation. People have diverse approaches to spending, whether it's on wants or needs, and our unique perspectives stem from various influences. Given your parents' involvement in the business, you likely understand how to effectively manage your funds and prioritize your expenses. However, others may find inspiration in spending, viewing it as a motivator to work hard and earn money.

In our world, business ownership is pursued by a select few, while the majority opt for employment. As we're aware, only a small percentage achieve wealth, with the majority leading simple lives, not financially free, and unfortunately, a significant number still grappling with poverty.

[ChiBitCTy]

This is an extremely typical/normal economic pattern, if you will.  Sadly a good majority of the entire world lives paycheck to paycheck (if they are lucky enough to even have a paycheck) so when they get paid that is obviously when they are finally able to go to the store to buy groceries, clothing etc.

Sure you've also got the other side of the coin where people get paychecks and have some sort of chemical reaction in their brain telling them "you should go spend your money, you deserve it" (whether they really do or not).

[Faisal2202]

I already seeing this pattern on news or business related youtube videos, but I didn't think it was a big deal.
Now I realized that its very important to consider this behavior of people when making business decisions because it can have a big impact on the sales or finances.
I am surprised by it because in my family we usually buy only things we really need, I am starting to understand how other people's spending habits can affect the business.

Do you also find yourself spending more on you payday?, or you approach your expenses differently?

First I thought you were going to talk about different strategies to earn more by taking advantage of other's desire to earn more when they get their payday but at the end, you are asking the same question that many members had already asked. Well, still, this question is very important because different cultures, have different desires, which cost different and yeah the payday also differs.

Talking about myself, I used to save money but didn't want to buy things, especially for me, for example, I can buy things for my siblings, for others, but don't want to spend them on myself, I don't know what behavior is this I am acting but I want to avoid that.

Therefore to those who spend a lot or waste money on things they don't need, I will say they must be earning a lot and to avoid doing it they should know the value of money to those who don't have it or lack it. Be humble to others and never spend a lot on useless things before setting up things like making some investments, and try to become more investing person when you think you are all set up then you can buy things you want to because buying thing for yourself will make you more energetic and motivated.

[Antotena]

I noticed majority of the people in my area tend to spend more money then usual when they get their salary, like buying things they don't really need.

You know you are funny right?
How do you even know they don't need things they buy?  Do you know if they get maximum satisfaction from the things you see them with. What we buy and use is subjective and how we choose our own happiness can never be the same, so let's them be and allow them do what makes them happy. If the opposite is what you love, then you can do that instead, isn't that cool. 

I said majority of people because my dad owns a grocery store, I have noticed that most of the customers tend to buy more stuff on the 1st and 10th day of the month because on these days they get paid in my country.
I already seeing this pattern on news or business related youtube videos, but I didn't think it was a big deal.
Now I realized that its very important to consider this behavior of people when making business decisions because it can have a big impact on the sales or finances.
I am surprised by it because in my family we usually buy only things we really need, I am starting to understand how other people's spending habits can affect the business.

Do you also find yourself spending more on you payday?, or you approach your expenses differently?

I don't know about your country but in my country where people have list of the things they want to buy even before receiving their pay check is a normal thing because what they earn isn't even huge enough to sort out all the bills they have and when they do, it consumes everything without having any savings for miscellaneous and other emergency activity. In some states in my country, many of them have debts pile up pending when they received their pay check to settle everything.

[Cryptomultiplier]

I would conclude anytime on how much your father must have made from selling groceries, because you OP, have successfully taken a proper statistics of the spending habits and frequency of such expenses mostly after being paid from work.

I would also add that you can't actually tell if what someone is buying is not important, because you think you make better choices than them and are better in some way than they are.

It's not easy working at a salaried job and then half of it is going to be spent on paying accrued bills only to want to spend on some joy and someone thinks it isn't important. The spending habits is a result of why interest rates are going up, hence a major impact on the economy.

[Kelward]

Do you also find yourself spending more on you payday?, or you approach your expenses differently?

Financial intelligence is the key, when you have it, then you have structured your income, so any spendings does not happen by accident. Two things that income earners should have is a budget and discipline to see it through.  Every expenditure of the month must fall into the budget and anything that is not in it is can not be spent on. Even if you must give your family a treat on pay day, let it be on the months budget, with it you won't be enticed to spend money unnecessarily. Furthermore you'll escape being in dept.

With budgeting you plan all your expenses, and any expenses that comes after the budget, if it's important, has to be carried over to the next month, unless it's perhaps heath issues.

[kryptqnick]

I noticed majority of the people in my area tend to spend more money then usual when they get their salary, like buying things they don't really need.
I said majority of people because my dad owns a grocery store, I have noticed that most of the customers tend to buy more stuff on the 1st and 10th day of the month because on these days they get paid in my country.
I already seeing this pattern on news or business related youtube videos, but I didn't think it was a big deal.
Now I realized that its very important to consider this behavior of people when making business decisions because it can have a big impact on the sales or finances.
I am surprised by it because in my family we usually buy only things we really need, I am starting to understand how other people's spending habits can affect the business.

Do you also find yourself spending more on you payday?, or you approach your expenses differently?

I think I probably spend more when I get money, but I also consider it reasonable behaviour. I wouldn't normally use that money to buy more stuff that I need for the week, and instead I buy something I don't need, as you put it. I do it to treat myself and my loved ones, to create a nice moment, even if it's something small. Life should be enjoyed, in my opinion, so sometimes buying something you don't need (but something you will get joy out of) is a good thing to do. I don't waste food, and I don't shop for clothes or small unnecessary things. So I order takeaway from a place I like or buy something fancy like salted salmon. It's a small thing, I can totally live without it, but I enjoy it once in a while, so I do it and don't think of it as a mistake.

[komisariatku]

Do you also find yourself spending more on you payday?, or you approach your expenses differently?

Yes, I do that often. Usually I will buy several things such as clothes, accessories, travel with my family or eat out when I get my monthly salary. I think it's a little reward for the work I've done in the last month and a reward for my family.

To be honest, I actually think this is a bad culture, because we will spend more money on payday and need to live frugally at the end of the month. And I think most people who earn a monthly salary would do the same. But before I had my own business so there was no such thing as a monthly salary, so I didn't have that habit.

Sometimes when we have enough money, we will lose control and start buying things we don't need. This is a normal habit but not actually a good habit, thinking saving and using it for investment is probably the best thing to do.