Adventures in Debt

Living life & trying to pay for it.

Why Bi-Weekly Paychecks Are Good Twice a Year

Posted by Jb on Tuesday, September 11th 2007

11
Sep

My very first job in the city spoiled me for all future paychecks: they used to pay me on the 15th and last of every month, which just rocked. It made fiscal planning much easier, because I knew exactly what money I’d have when. Sadly, the rest of my jobs, including this one, pay bi-weekly. That means that every two weeks, I get a paycheck. Normally that’s twice a month, however twice a year that means I get three paychecks in a month. Yes, three glorious paychecks in a month! September happens to be one of those months for me, which just rocks, especially because I have two more payments left on my severance package. That means I’ll be able to pay off a significant chunk of my debt, and help me in my $5000 Debt Payoff Contest. Very nice.

2 Comments Already

Tammy Said,

September 17th, 2007 @18:35

I’ve never had a job that paid twice a month like that but it does indeed sound very organized for “bill paying” - usually my jobs pay every other week but I’m now working where I get paid every Friday which is actually the best for me because I can do SOMETHING every week to change my financial picture. Okay so sometimes, it’s a very small “something” but nonetheless - it’s making me feel less stressed about my circumstances.

Those extra paychecks are sweet, huh?

Tam