Is daily earnings more likely to make people spend impulsively?

[King Belieal]

Most people that I see around me that earn income daily are always broke. You would wonder what they do with the money they make everyday.

The consolation that they would make money again the following day tends to make people with daily income tempted to spend impulsively.

Do you think daily income is more tempting to engage in impulse spending?

 

[Springtime]

It is indeed easier to buy impulsively if you earn money daily. But I think that depends on the individual's self-discipline.

 

[Kross]

Most people that earn daily really do not have much thoughts about budgeting and controlling expenses.

 

[Min George]

Anyone that doesn't have financial discipline gets more aggravated if they get to earn on a daily basis.

 

[Augusta]

Yes to a large extent it does because you would always think that you would make money tomorrow so you can spend as you like and make money tomorrow

 

[Fidelia]

I have seen the taxi drivers and barbers in my area. They are the people that are assured of daily income. And most tend to always spend recklessly.

 

[freelancermaria]

It is all about discipline. Many people earn daily yet still manage their finances well. They prioritize saving and avoid unnecessary spending.

 

[Augusta]

It is the mindset of the person involved. Some people would say yes I make money daily it doesn't matter

 

[Suba]

In general, traders also make daily earnings, and they also always hold money, and many workers also get daily wages, but it seems that they are not wasteful or spend impulsively.

 

[Nomad]

Spending is not related to having cash at your hands or your earning, it is more of a psychological phenomena.

 

[eLdavis]

In some cases yes, but it also depends on what they earn on a daily basis, and their ability to discipline themselves.