Post
Topic
Board Economics
Re: this makes a huge impact on the economy.
by
umbara ardian
on 24/11/2023, 16:54:36 UTC
Do you also find yourself spending more on you payday?, or you approach your expenses differently?
Although some people spending unwisely.
In my opinion, spending more on payday doesn't necessarily mean they're not spending wisely. If someone takes a salary and saves from it, while also saving an emergency fund and other important funds, they can still spend some money on things they want or need.

For example, a person might save 50% of their income, while the remaining 50% is used for living expenses, such as housing, food, and transportation. Once they have met their necessary living expenses, they can spend the remaining money on things they want, such as clothing, entertainment, or travel.

Spending money on things they want can help them feel more satisfied and happier. So spend wisely. They should avoid spending too much on unnecessary things, and they should set limits for themselves.