this makes a huge impact on the economy.

[D ltr]

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

In the past, I often shopped for whatever I wanted when I got paid, but since my economic situation is not good, I have been wiser in using my money, where I have to choose which items are more important and set aside money for emergencies.

[Fakhrulenclix]

In the past, I often shopped for whatever I wanted when I got paid, but since my economic situation is not good, I have been wiser in using my money, where I have to choose which items are more important and set aside money for emergencies.

It is important for us to be able to use the income we have well, because if we cannot use the income we have well it will certainly make it very difficult for us to be able to meet the needs we need and we also have to look for loans to be able to meet the needs we need, when we are aware that we are using the income we have incorrectly, we can learn to record all types of expenses we incur so that we can avoid spending the income we have on things we don't really need.

[Kelvinid]

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.

It is an indication that the people in your country have a good salary making them spend more as they are also earning more. It means that the economic status of your country is doing pretty well making the majority could buy what they want. It might they are spending it well or not but it was their choice to reward themselves in that way. Yes, can't deny that some young adults are not very particular about saving because what is their mind is to enjoy while still young and alive. They just only realize the importance of savings when they are old and incapable enough to work.

[doomloop]

This goes to show you how we as humans plan our lives around our salary. It is almost as if we are leaving to work for our salary and spend it the moment we are paid. And most of these expenses made when your salary has been received is impulse buying. Which is why it Is not bad of you wait it out for a few days before making any expenses. You will have more clear and logical thinking if you do so.

Whether a person will spend their salary or income impulsively or carefully depends on their nature and how good or bad they are with managing their finances. A person who has zero financial management skills will have a hard time making a budget and spending money based on that, whereas someone who always spends money based on a budget that they make every month based on the needs and things that are supposed to be done in that particular month will be able to manage things very well.

So, I don't think that it has anything to do with you starting to spend right from the first day of getting paid or waiting for a few days if you have all the things already planned out because you won't do any impulsive buying or go out of your budget if you have already made it and you will do things just as you have planned them or written them on a piece of paper.

[passwordnow]

Before I was like that because I thought that it was okay to overspend with my salary because I'd even have the next payday as my savings. But little did I know that it was a wrong practice that I was building up and that's going to be a hard battle for me to win. Anyway, when I noticed that it was always a struggle after the payday, I had to figure out where I did it wrongly.

And to figure it out, I have to break down everything that I do about spending without thinking. Because I've seen that I've got a lot of things that I have bought every payday and not most of them are essentials. They're not put into use and thanks to the quotes and finance videos that I have seen. Thanks that the algorithm made me watched those and I have to admit that I'm wrong in having financial management and all I did was wasting my money in things that are nonsense.

[arimamib]

In my opinion, no matter how much someone earns, if they don't manage their expenses well, they will certainly not have enough for their needs so they will have to take out loans to cover the shortfall in what they need, so it is important for everyone to have a record of their expenses so they can see whether they are have been able to use the income they have properly or not and if not then it is necessary to improve it.
Shopping for basic necessities at the grocery store can reduce the expenses we have a little and we can also buy them for a month's needs and this will save us time to buy the necessities we need every day.

Financial discipline and proper expense management are essential for achieving financial stability and long-term goal. Regardless of one's income level, if expenses exceed income, financial difficulties will inevitably arise. Maintaining a detailed record of expenses provides valuable insights into one's spending patterns and helps identify areas where adjustments can be made.

Shopping for groceries for a month's worth of needs is a practical strategy for reducing expenses and saving time. This approach helps minimize impulse purchases and ensures that essential items are always on hand, avoiding the need for frequent trips to the grocery store.

[itorai]

(Cut a little)
 but keep enough cash for savings/emergencies.

It's true what you said. We should set aside money for savings for emergencie (Cut a little)

(Cut a little) all these couldn't have been possible if we have not been making savings to have enough to use in terms of needs.

Indeed, while there's a steady income (monthly or annually), why not save some of it? Even if we set aside a small amount, when calculated, our savings often don't seem too significant (fairly substantial). It's a different story for those without a fixed income – let alone saving, meeting daily needs becomes a challenge.

[Huppercase]

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.

Are you salary earner and are you married? The reason why I'm asking is because the responsibility of a married man is different from the responsibility of a single person and what we spend more is subjective, what you like might be something you really hate and I think individually  we have our favorite products we used at home like the hair creams, the type of food we eat and the domestic matetials we used at homes, so I think it's unfair to judge people by what they buy as rubbish or useless items.

What really do you expect in those dates, people get paid for work they do and you know what happen when a need man get money, they will sure go to store to get the things they lack at home, nothing odd in this, it's a conventional lifestyle of people that depends on paychecks.

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?

It really depend, if I don't have much demand around me, I spend less but when I have my problems waiting for me before the pay day, then expect to see many payment bills on my hands after payment and if it happen that I get more family problems around my neck, then it's going to be double debits alert here and there. If you are first born and really care about your family, you will understand everything I'm talking about.

[Fredomago]

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

In the past, I often shopped for whatever I wanted when I got paid, but since my economic situation is not good, I have been wiser in using my money, where I have to choose which items are more important and set aside money for emergencies.

You needed to adjust to make sure that you can meet your needs,  at the stage where financial needs are increasing being wise is important,  there are things that you can set aside  and live without it just address things that you really need as you can continue your life not being bothered  by those things that you want. With how life getting difficult from time to time better to learn the right ways of adjusting to fit for your budget.

[Miles2006]

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

It's obvious people intend to spend money when they have money, like a salary earner every month ending they just have the desire to buy much cause they have the money. They spend money on unnecessary things just to satisfy their desire. I think this are the common reasons why most people can't save their money, they lack financial discipline.
I personally, ever since the economy got so hard in my country I learnt how to manage my money, the urge to spend will always come but due to the economy I don't spend my money on things that are not necessary

[flyingcarpet]

In the past, I often shopped for whatever I wanted when I got paid, but since my economic situation is not good, I have been wiser in using my money, where I have to choose which items are more important and set aside money for emergencies.

It is important for us to be able to use the income we have well, because if we cannot use the income we have well it will certainly make it very difficult for us to be able to meet the needs we need and we also have to look for loans to be able to meet the needs we need, when we are aware that we are using the income we have incorrectly, we can learn to record all types of expenses we incur so that we can avoid spending the income we have on things we don't really need.

If we have a monthly income and we make unnecessary expenses as soon as we receive our salary, we constantly wait for payday to come and the day we will pay our debts. We shouldn't put ourselves in this situation. We have all experienced such times, but making a plan and acting according to that plan can give us relief.

Thanks to our own plan, we can manage our salary or income better by sticking to that plan and getting rid of unnecessary expenses. It is necessary to start from somewhere and act in a planned manner.

[oktana]

I can agree that we get tempted to spend an along as we have the money readily available; it doesn’t even have to be our salary. However, you need to consider certain things. What if what you’re thinking to be unnecessary is necessary for them? What if they denied their self of whatever it is and want to get it now that they have gotten paid? You never can tell unless you’re in their shoes. But of course, it’s usually around salary time that people tend to spend more because that’s when they can afford certain things.

[ancafe]

I can agree that we get tempted to spend an along as we have the money readily available; it doesn’t even have to be our salary. However, you need to consider certain things. What if what you’re thinking to be unnecessary is necessary for them? What if they denied their self of whatever it is and want to get it now that they have gotten paid? You never can tell unless you’re in their shoes. But of course, it’s usually around salary time that people tend to spend more because that’s when they can afford certain things.

That's if the case is that people have a lot of money and most people might find it difficult to save it. A wasteful life often doesn't end well and this is proven when we are not married because money is never collected even though we get a big salary. People have the desire to buy the things they want, but what becomes a problem is when this desire is greater than the income they earn, thus affecting the economic impact, especially regarding their finances.

The strategic step is to buy what you need instead of buying what you want and develop the finances we have to be more productive. Placing money in investments or businesses is a way to increase income and anyone who can do it right will definitely get commensurate returns. If we haven't started today then what else are we waiting for because day by day our responsibilities are getting bigger, whether after getting married, having children or paying for education, health and buying a house to live in.

[Ahli38]

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

In the past, I often shopped for whatever I wanted when I got paid, but since my economic situation is not good, I have been wiser in using my money, where I have to choose which items are more important and set aside money for emergencies.

Before we become wiser individuals in managing finances. Sometimes we all have almost the same economic history. And sometimes difficult economic conditions actually provide valuable lessons. We become more able to appreciate what we have and what we have obtained. In the past, I was not someone who liked making financial plans or managing finances well. But after facing a difficult economic situation, I realized the importance of financial management. And we also have to be wiser in spending money. And sometimes in difficult conditions prioritizing quantity is much more important. Like there is no need for expensive food, cheap food is enough as long as it can still meet the nutritional needs of the body and give us the energy to work. As time goes by and economic conditions improve, sometimes we will become people who will again forget the importance of financial management. What we have to do is remember the experiences we have gone through in the difficult times we have been through. So that we can be motivated again to be able to better appreciate the money or wealth that we now have. Prepare an emergency fund, have savings and future investments. We have to think about everything, plan it and carry it out. Well, that's all so that we can have better finances in the future.

[YUriy1991]

It's obvious people intend to spend money when they have money, like a salary earner every month ending they just have the desire to buy much cause they have the money. They spend money on unnecessary things just to satisfy their desire. I think this are the common reasons why most people can't save their money, they lack financial discipline.
I personally, ever since the economy got so hard in my country I learnt how to manage my money, the urge to spend will always come but due to the economy I don't spend my money on things that are not necessary

In my opinion, the more income you have, the more you have to cover. I remember that I used to have a mediocre monthly income, but while traveling it was always sufficient and when there was additional income, unexpected costs always arose. So, the opinion that people are not optimal in saving cannot necessarily be said to be so, but perhaps there are several things that need to be addressed so that the desire to save is not delayed any longer. Yes. Everyone has a discourse there.

[Kaliandra]

On payday, people usually always shop in large quantities, but in this case, each person has their own way of managing their economy. Sometimes there are those who always buy what they need for a 30 day supply so on payday they definitely spend a lot and usually the rest of the money they buy goes into savings such as for emergency funds and so on.

I think there must be many people who know about how to manage their economy. Sometimes we always think that people are always wasting money on shopping when in fact what they buy is definitely what they need, it's only us who don't know and think other people are wasteful. because sometimes on payday there are times when we have to pamper ourselves and party as long as we don't run out of money. Of course, savings must be prioritized.

On payday I always buy what I need and always pamper myself by buying my favorite food and hanging out with friends and family.

[Seinlocko]

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

When payday arrives, I usually only buy monthly food supplies for my family and sometimes I take my family out to eat. So, I think what I did was not an act in vain. Because I personally think buying food supplies and occasionally taking the family out to eat is very important. Maybe you could say I spend a lot of money after payday. But I only buy and do things that are truly important to my family. So basically I don't waste the money I have on things that are unnecessary or useless. And I have calculated all the expenses I incur in such a way. So there is no wasted or useless spending of money.

[Chilwell]

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

In the past, I often shopped for whatever I wanted when I got paid, but since my economic situation is not good, I have been wiser in using my money, where I have to choose which items are more important and set aside money for emergencies.

Actually I like the way you plan your things, in the society I live in they normally pay them in every 30 days which is once a month, the way this people plan their thing is not helping them at all, because this also depends on the income they generated, truly what they paid them can not even cover for their feeding a month or even talk less of other things like for emergency purposes. So being a monthly earner in my society does not guaranteed the financial freedom but a key start for you to engage yourself in other activities to cover up your needs with out been indebted to anyone, in my side to be indebted is like under most that you have to be engage if you earn monthly because their is no time to engage in other things expect you forced yourself then you survived.

[Inwestour]

That's if the case is that people have a lot of money and most people might find it difficult to save it. A wasteful life often doesn't end well and this is proven when we are not married because money is never collected even though we get a big salary. People have the desire to buy the things they want, but what becomes a problem is when this desire is greater than the income they earn, thus affecting the economic impact, especially regarding their finances.

The strategic step is to buy what you need instead of buying what you want and develop the finances we have to be more productive. Placing money in investments or businesses is a way to increase income and anyone who can do it right will definitely get commensurate returns. If we haven't started today then what else are we waiting for because day by day our responsibilities are getting bigger, whether after getting married, having children or paying for education, health and buying a house to live in.

There are not many of us who can, at a young age, before starting a family, create the capital necessary for a prosperous life. The vast majority of families will care about the well-being of the family together, and it is almost impossible to create any significant capital only by working at work, because you correctly noted that the average salary is only enough to cover our basic needs, and, at best, to keep something.

To achieve a better standard of living, you need to either get a well-paid job, or think about creating a business, or successful investments, but not everyone can do this.

[Fredomago]

It's obvious people intend to spend money when they have money, like a salary earner every month ending they just have the desire to buy much cause they have the money. They spend money on unnecessary things just to satisfy their desire. I think this are the common reasons why most people can't save their money, they lack financial discipline.
I personally, ever since the economy got so hard in my country I learnt how to manage my money, the urge to spend will always come but due to the economy I don't spend my money on things that are not necessary

In my opinion, the more income you have, the more you have to cover. I remember that I used to have a mediocre monthly income, but while traveling it was always sufficient and when there was additional income, unexpected costs always arose. So, the opinion that people are not optimal in saving cannot necessarily be said to be so, but perhaps there are several things that need to be addressed so that the desire to save is not delayed any longer. Yes. Everyone has a discourse there.

Mostly happens, as the more money you are gaining the more things that keep popping in your mind, if you are not a big fan of saving money chances that you will just buy all you want and not those that you only need, things that will be stored inside you that you have the money to spend and it's your chance now to please and reward yourself.

But, with those who know how to control and really care for their future, saving and investing is the best option they will keep aiming for more and will try to multiply whatever they've got.