Anybody try living on 2 pay checks a month and bank the two "extra"? (Assuming paid biweekly)

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A) biweekly does not give you four per month (wtf)
B) just save half? Not sure why you need mental gymnastics to do so

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Oh guess I'm a dumbass and missed the whole point of the post

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Your recent comment makes sense, but the original post was super confusing. I generally try to save 25% of my net pay per month. I think if you word it as a %/month, you'd get more feedback

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I did that when I got paid biweekly.. I set my budget up on two pay checks a month and just considered the other two "extra" paychecks each year as 80% savings/20% fun money. Pretend it's a bonus :)

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Don't you only get two per month? Where did the two "extra" come from? I'm so confused

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It depends on how your firm does payroll. If it's biweekly, it's every 2 weeks (duh). There's 52 weeks in a year, so that's 26 checks. Hence the two "extra." If you get paid bimonthly then it's simply twice a month (usually on the 1st and 15th for example) and that's that. Didn't think this topic would be so confusing to people.

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^There we go :)

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If biweekly means getting paid once every two weeks, does bimonthly not mean getting paid once every two months? I think the term for getting paid twice a month is semimonthly?

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Tried. Didn't work for me. Highly recommend though.

Biweekly gives you two months w/3 paychecks

Aren't most public accounting paid bi-monthly? 2 per month every month

I stand corrected.

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