Weather can affect money in several ways. We have the negative way and the positive way of weather influencing money. It can come in different ways and in different aspects of life.
eberhard grossgasteiger
Agricultural output:
Agricultural aspects of life can be influenced positively as well as negatively. When it comes to the aspect of the positive impact, this is when we are in the rainy season, when plants can be able to grow immensely. Plants can produce to the greatest heights when compared to the dry season.
The only rough aspect of the weather for plants is where the rain is heavy, which leads to flooding. This would destroy the plants totally.
Another aspect is the negative impact of weather on plants. Plants won't grow, especially when it comes to harsh weather. This means farmers' income would be greatly influenced during this season, and no one would be able to make better farm produce.
Effect of power supply:
The good aspects of life are in all seasons. In every season, there is the greatest advantage in terms of power supply and money. The power-holding community tends to make more money when there is heat, as everyone would want to make their body cold by turning on AC or electric fans.
During the rainy season, the majority want to keep their bodies warm by warming their water whenever they would like to have a bath. They can also warm themselves with electric current.
At the same time, most individuals would want to use the electricity to wash their clothes, while others would use it to dry their clothes. So, the effect on electricity is just on the positive side of it. This means that in heat, there is impact, and in rain, there is impact.
Tourist Centres or Locations:
The weather plays a very vital role in tourist centers. Most likely, when there's rain or when it is cold, the tourist centers would not be able to make more sales or more customers. When it is sunny, more customers will patronize it, as they only want to use that medium to take away the time. No one would want to patronize tourist centers during storms or hurricanes. No one would love to patronize the tourist centers during the rainy season; instead, they would want to troop to the tourist centers during the dry season. Weather is a great factor in making money in tourist centers.
Buyers and sellers:
Weather is a great factor when it comes to buying and selling. The seller may sell fewer goods, while the buyer would not have thought of coming outside to buy goods during the rainy season or storm. Since the weather would be so tough and cold, no one would come out to purchase any items, or, let's say, limited people would patronize the sellers.
It's quite different from the hot weather, where everyone would want to come out in troops to purchase goods and services. They would want to buy more, meaning demand for goods would be higher.
This means the rate of making money during dry weather is far higher than when it is raining.
Overcrowding of Insurance Bodies and Costs
So many businesses have insured their businesses with insurance bodies. They only did that for tomorrow's sake and to get their items back after losing them to certain disasters.
During natural occurrences like floods, the insurance bodies are always overcrowded with so many people who have insured their items.
This means they seem to run at a higher cost during this season.