For someone who doesn't really know how to save money I believe that getting monthly profit is going to be a better option for the person because if you get daily prophet you will end up spending everything.
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As for me I will prefer a job that will be paying me on a monthly basis simply because of the fact that that money would be combined and paid to me once and I can be able to use the money to do something substantial instead of getting a daily pay that I cannot be able to use to do something good for myself.That depends on type of job you are doing, there meaner jobs that pays daily and you are not employed to that only contracted. In this case, receiving your earning daily is good but if is employed type then earning monthly is good.
Between daily and monthly profits , I am going to monthly profit because I prefer my profits to be able to accumulate and get it once than getting small profits daily after doing business.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
That is the fact about Profit making in business and I believe a lot of people tend to think they are different, but they are not in actual sense.As far as I'm concerned there is no way you'll be able to make monthly profit without making daily profit because it is the summation of the daily prophet that make up the monthly profit for your business.
To most people daily profit is preferable than monthly profit but however monthly profit most times comes in bulk and can be used the two solve basic expenses without squandering the money.It is better to have a monthly profit than daily profit, well that's for me. This is because you need a very strict financial management skills and discipline in order not to squander your daily profits. Monthly profits will mitigate against such.
That is the fact about Profit making in business and I believe a lot of people tend to think they are different, but they are not in actual sense.
That is the fact about Profit making in business and I believe a lot of people tend to think they are different, but they are not in actual sense.
As a person, I prefer daily profit. I know I don't have issue with financial discipline. So, even if the money drop per minute, I can still be disciplined in spendingBoth 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
Between daily and monthly profits , I am going to monthly profit because I prefer my profits to be able to accumulate and get it once than getting small profits daily after doing business.
That is a very good thing that you have as a lot of people are struggling to discipline themselves financially which makes it hard for them to be rich.As a person, I prefer daily profit. I know I don't have issue with financial discipline. So, even if the money drop per minute, I can still be disciplined in spending
With the monthly profit, you'll be accumulating more reward than seeing daily ROI. Monthly will always come bigger than daily cos it takes more days.
Hmm, you need to cultivate saving spirit even for the small. Cos their is time when you won't get the chance to get better reward, the small ones might be the case then.I have studied myself and came to realise that whenever I see small money , i tend to spend it more quickly but when i get a big money, it always comes to my brain that i have to save.
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