how often do you get paid?

[tgavin71]

Re: how often do you get paid?

Hubby gets paid fortnightly. The amount varies from paycheck to paycheck. Can by anywhere from $1300 a fortnight to $2500 depending on how many days he has been in the field.

[sarah]

Re: how often do you get paid?

I am paid once a month for 9 months. No options. I do not get a pay check in July August or September. This is very annoying. I haven't managed to get through an entire summer without borrowing money from somewhere.I'd love a 12 month pay plan How do you do it Diva Jen

[ren]

Re: how often do you get paid?

Not Diva Jen, but it sounds like you need to save 25% of those paychecks and budget to live on the 75% remaining. Then draw off the savings during the summer.

So if your paycheck is $2000/month, bank $500 each month, live on the other $1500. $500 x 9 months = $4500. Take out $1500/month in July, August and September, then start over for the next year.

Man, that requires a hideous amount of discipline. Yet another reason I'd never make it as a teacher!

[rduell]

Re: how often do you get paid?

Husband gets paid weekly and I get paid bi-weekly.

[fairy74]

Re: how often do you get paid?

Twice a month , 15th and 1st, however depending on the cash flow situation and it being a small firm sometimes they try and stretdh it out (i.e. bookkeeper calls into to say she can't make it until after 6 p.m. on payday to write the checks) this really annoys me and they know this now so they do my check even if they do no one else's that day! Sometimes it pays to be the squeaky wheel!

[fairy74]

Re: how often do you get paid?

Oh forgot to say dh gets paid whenever he does a tattoo or piece of art(paid on the spot) and when he does roofing and construction he gets paid weekly

[sarah]

Re: how often do you get paid?

I know that savings money from my check works in theory. I do have about 25% of my paycheck put into a savings account but somehow it never seems to work in reality. I can usually make it until the middle of September then I get desperate. This inconvenience is minor compared to how much I absolutely love my job. I just wish that they would create a 12 month pay plan for faculty. They do it for secretaries why not us?

[Ima saver]

Re: how often do you get paid?

I pay my husband every monday morning, except I make the check out to me. I cash the check, get the cash and bring it home and put it in all my envelopes!

[ren]

Re: how often do you get paid?

I know that savings money from my check works in theory. I do have about 25% of my paycheck put into a savings account but somehow it never seems to work in reality. I can usually make it until the middle of September then I get desperate. This inconvenience is minor compared to how much I absolutely love my job. I just wish that they would create a 12 month pay plan for faculty. They do it for secretaries why not us?

Don't ask school boards to use Earth logic!

Threadjacking time -- It sounds like there's some sort of a hole in your budget if you're running out after putting back that 25% all year. Do you have a lot more expenses over the summer? Travel, eating out more, back to school supplies, something?

[rusty@saving]

Re: how often do you get paid?

i get paid every week, it helps me budget. bi weekly just screws me up!!

[BCHGRL]

Re: how often do you get paid?

DH and I are paid bi-weekly on the same schedule. DH's 2nd job is biweekly, but on the opposite weeks of our fulltime paychecks. Every week we get a paycheck.

[vishenda]

Re: how often do you get paid?

I get paid every 2 weeks, and it suits my lifestyle fairly.

[gptmca]

Re: how often do you get paid?

I get paid monthly, it used to be bi-weekly, at first it was nice to see the big amount going into the bank....but alas it still disappears just like it did when i was paid bi-weekly!

[titi]

Re: how often do you get paid?

When I was paid once a month, I managed to save more but now, since I went freelance full-time and I receive payment once a week, twice a week or once in two weeks, I certainly spend more. I guess the solution is to work more, then I will have less time to spend money.

[Bookie]

Re: how often do you get paid?

I suppose I have the ideal arrangement -- at least for me.

My primary income source pays at the first of the month. This covers household expenses, insurance and savings .

I also work a part-time job that pays weekly. That check covers groceries, gasoline and incidentals, all paid for in cash. When the cash is gone, spending stops. Usually, though, I have a weekly surplus.
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