Altcoins Talks - Cryptocurrency Forum
Further Discussions => General Discussion => Topic started by: Mr. Allcrypto on February 16, 2024, 09:33:01 PM
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In the society we have salary earners, which are paid weekly or monthly and also there are some others which earn daily due to how they work and the agreement on their work.
People will argue over which one is better, but the fact is either daily or monthly Salaries or earns, what you do with your money is what matters.
In the world of crypto, we can easily use our money to trade to get more or we can save it in our online wallets, so we can use it for future emergencies that may come up, oe we can also start up any business with the money to get more money.
There is a saying that money can bring more money, and I support it because when you invest your money, with time you will surely get it back with profit, only if you invest wisely.
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Well, from what I have experienced so far with some people in my country, it seems most of us don't do so well with daily earning because the person might just end up spending all the money before the end of that day or the next day, so the preferential way of receiving payment here is either weekly or monthly. Although, even if someone receives payment daily, if the amount is good and the employee has less responsibility, they can cope and save up that daily payment, but if it's for someone who has a huge responsibility, they will definitely be spending all that money in one day.
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As the world's economy is changing to be bad, so as your finances are supposed to be changing from a monthly salary earner to a daily income earner to meet up with the global economy meltdown.
The world we live in doesn't only require a single source of income, like being a monthly salary earner, that doesn't have other side hustles.
Someone who depends on a monthly salary at this time, can't grow beyond their financial limit because they keep borrowing to survive and feed themselves. But someone who earns daily stands a chance to gain more and has turned over profits to utilize it in other businesses which will yield profits to them.
In my opinion, daily income earners are preferable to monthly salaries no matter how little it is. A daily earner always has funds in their hands to use it to cater and solve important issues when arise than giving an excuse for not being paid a monthly salary
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In our society today, I would prefer daily earning because of the the way things are going, Which you might withstand the pressure of things going on around the society like bills, foods electricity if it's monthly salary and it will also make you a debtor which as soon as you receive your salary at the end of the month, you use to settle your debt which will not be enough for everything and you won't extra change but daily, you can be using it to settle bills immediately and have some for yourself.