I’ve been doing some thinking lately about paydays. I’m lucky that I have paydays because that means I have a job which is an accomplishment for many in today’s recovering economy.
I feel I’m not quite normal though when it comes to how I feel about paydays. In fact, what is the normal feeling about paydays? I have no clue.
What Do Most People Feel on Payday?
What do you feel when it is payday? Are you happy? Excited? Relieved? Indifferent? It isn’t something I had thought about at all prior to the last couple weeks. I think most people would assume everyone feels the same way they do about payday but I don’t think that isn’t the case for me.
I know people feel different about their paydays and I think I’m one of the weird ones? Let’s take a look at some of the feelings that I think people probably feel when it is payday for them.
WOO! It’s Payday! (Happy/Excited)
I think there is a large group of people that are happy when it is payday. Why are they happy? Some are happy that their bank balance increased because they paid themselves first. Others are happy because they now have money in their checking account to go spend on the hottest gadget of the month.
There is another group that’d likely be happy to pay an overdue bill or make another extra payment on their student loans. There are lots of reasons to be happy on payday.
Are you generally happy when you get paid? Why do you feel this way?
Relieved It Is Finally Payday… PHEW!
I’d say there is a smaller group that is relieved that it is payday. Actually, the more I think about it the more I think this group is larger than I’d hope. My bet would be that this group barely stretched their budget to make it to the next payday… OK maybe that is just a hopeful thought too.
More likely this group is relieved because they finally have some money in the bank account again to pay a debt collector or past due bill. This group could also feel relieved because they stress out about everything and dipped $500 into their $25,000 emergency fund to get new tires. Payday means they can put that money back.
Do you fall into this group? If you’re relieved on payday what makes you feel this way? Are you working to change your situation or are you happy feeling relieved on payday?
Meh… It’s Payday (Indifference)
At this point I have no clue how many people feel indifferent about payday. Why would people feel indifferent? They might not have to worry about bills because they have a full emergency fund and some extra slack in their bank account to cover an extra month of budget.
Others might feel indifferent because they simply just don’t care about money at all. These people are either doing well for themselves and have a secure financial picture or they just don’t care at all.
Then, of course, there are the people who feel indifferent because they don’t even realize it is payday. Again, these people are likely oblivious or are financially secure.
Are you one of the people that feel indifferent? Why aren’t you happy or excited? Why do you think you feel this way?
Where Do I Fall?
Some paydays I’m happy because it means we get to put even more money toward our goals. I get to make a purchase for my Roth IRA, put money into my Roth 401(k), contribute money into my “Pay off my girlfriend’s student loans” fund and add more money to my growing spending money fund.
Most paydays I feel indifferent. Why would I feel indifferent? I’m doing decently financially but a paycheck doesn’t significantly change anything for me. It is nice to have but it doesn’t allow me to do anything I couldn’t do before. It just adds to my super long term goals that I’ll eventually get to.
Which group do you fit in with? Are you happy, excited, relieved, indifferent or some other feeling whenever you get a paycheck? Let us know how you normally feel and more importantly WHY you feel that way in the comments below. I really look forward to seeing the discussion on this one!