Question about getting Paid "Semi-Monthly" vs "Bi-weekly" (paycheck, taxes)

[FBJ]

Anyone know why making the same salary

Why I did I bring home more money after taxes when I was paid on the 15th and 30th

But now that I get paid bi-weekly I bring home less money after taxes with the same exact salary?


I used to think getting paid semi-monthly was a bad thing but maybe not so much anymore

[EzPeterson]

Bi weekly you have 2 more paychecks throughout the year than you do bi-monthly. Thus, each check is smaller.

[Tekkie]

Originally Posted by EzPeterson

Bi weekly you have 2 more paychecks throughout the year than you do bi-monthly. Thus, each check is smaller.

Exactly. For me, it was always around July and October that I got that 3rd check in the month. I always felt pretty rich those months.

I get paid semi-monthly now and I actually like it better.

[FBJ]

Originally Posted by Tekkie

Exactly. For me, it was always around July and October that I got that 3rd check in the month. I always felt pretty rich those months.

I get paid semi-monthly now and I actually like it better.

That will actually happen in the month of May and November of this year

[FBJ]

Originally Posted by Tekkie

Exactly. For me, it was always around July and October that I got that 3rd check in the month. I always felt pretty rich those months.

I get paid semi-monthly now and I actually like it better.

The problem with semi-monthly is when the 15th falls on a Sunday and you get paid on Friday. That money had to run from the 13th to the 30th which was very hard

[Mr_Geek]

Originally Posted by TVandSportsGuy

The problem with semi-monthly is when the 15th falls on a Sunday and you get paid on Friday. That money had to run from the 13th to the 30th which was very hard

Just learn to manage your money and problem solved.

[FBJ]

Originally Posted by Mr_Geek

Just learn to manage your money and problem solved.

When one check had to last for 3 weekends it was rough. The weekends is when you spent money the most

[manderly6]

Originally Posted by TVandSportsGuy

That will actually happen in the month of May and November of this year

So if you knew this why were you asking the question in the first place? Did you think you would get the same amount and two extra checks?

[Drover]

Originally Posted by TVandSportsGuy

Anyone know why making the same salary

Why I did I bring home more money after taxes when I was paid on the 15th and 30th

But now that I get paid bi-weekly I bring home less money after taxes with the same exact salary?


I used to think getting paid semi-monthly was a bad thing but maybe not so much anymore

[FBJ]

Originally Posted by manderly6

So if you knew this why were you asking the question in the first place? Did you think you would get the same amount and two extra checks?

I didn't know I just checked when he made the post.