Submitted by LaceMeUpp t3_ygmt7r in personalfinance
micha8st t1_iu9gori wrote
never been paid monthly. Since I started my big-boy salaried job, I've been:
- paid weekly
- paid semi-monthly
- paid bi-weekly.
My favorite was semi-monthly - for the same reason you like monthly.
Simplest, especially since you're getting a pretty good raise, is to ignore the occasional third check of the month. It all goes into savings or is invested or however you handle unbudgeted cash.
For a few years when I got paid bi-weekly, that third check of the month was different -- benefits like health insurance were NOT taken out of it. Now for me, they are taken out of all 26.
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