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I'm very much open to taking my business or work projects profits either daily or monthly as far as I get the money into my bank account. When it get it doesn't matter that much but did I get it.Both daily profit and monthly profits have their advantages and disadvantages.But I will like to take a side with monthly profits because you won't be able to deep your hands into your working capital any how(discipline). Secondly monthly profits will accrue together to form compound interest by summing up each of the daily profit.
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Alright then
I'm very much open to taking my business or work projects profits either daily or monthly as far as I get the money into my bank account. When it get it doesn't matter that much but did I get it.Both daily profit and monthly profits have their advantages and disadvantages.But I will like to take a side with monthly profits because you won't be able to deep your hands into your working capital any how(discipline). Secondly monthly profits will accrue together to form compound interest by summing up each of the daily profit.
[automerge]1612646843[/automerge]
Alright then
It all depends on individual want and need. Some people are use to spending there profit daily since need like infant sick baby, bills and others and at the end of the day they have little or no saving while those who wait for daily income have already master the act of saving, they plan ahead of each month and spend according to budjet, which makes them master the act of saving, though they are handicap when emergency come knocking on their door, which very bad, what ever one you choose make sure it work for you.
I think daily profits does not encourage financial discipline as you would likely spend all or most of the money on daily expenses. The thought of always making more money the next day might make you spend the little you make each day.that's right, well punctuated. I would choose daily profit because I have certain daily priorities that require money and it would help me to have a daily expense profit.
I can see your point, it's very valid. But for me collecting the little daily pennies would not be favourable to me. I prefer getting the whole thing at the end of the monthOn the downside, salaried employees are not eligible to collect overtime pay when they work weekends and late nights to accomplish major projects. Furthermore, the office culture may pressure salaried employees to overextend themselves in order to compete with colleagues. In other words, salaried jobs can be significantly more stressful than hourly jobs.
Though it has been a thing that has really been disturbing lots of persons that are into daily income,but on the other hand some persons would generally like the idea of daily earnings,which can help them in their planing.I think it is more prudent to earn profits monthly because I have seen guys squander funds because they are certain of getting same the next day.
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