I use to be military and would get paid the 1st and the 15th. Now I'm getting paid biweekly and I don't understand how I get an extra check.
I get paid on Mondays so my next check would be June 1st-Rent due, June- 15th other bills, June 29- Rent due, July 13- other bills, July 27, Rent Due. SO it doesn't seem like I'm getting an extra check.
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hi - you used to get paid 24 times a year, twice a month, roughly every 15 days.
now you get paid every two weeks, there are 52 weeks in a year, so you get paid 26 times a year, hence you get what some call "2 extra checks" a year. many people put those checks into savings, or make an extra mortgage paymentwith them.
If this is still not clear, feel free to email me.
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During some months, you will receive three checks rather than two checks within that month.
This will depend on the paycheck timetable.
For example, this coming August may be a month where you are paid three times - August 3, 17, and 31. You will know if this is true for you according to your payment weeks.
Check your calendar. The three-times payment may be as close as August. If not, it will happen in a later month. November is another three-Monday month.
Shirley George Frazier
Author and Solo Business Expert
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if you get paid bi weekly, you get paid every other week. so depending on how the weeks fall sometimes you get an extra week in a month, therefore rather than just two checks some months, youll get three
Confused on biweekly paychecks, how am I geting an extra check?
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