Payday is tomorrow!
Ed Pawlowski wrote:
> On 2/15/2021 11:54 AM, cshenk wrote:
>
> >
> > I suspect each community type of workers get paid either every 2
> > weeks, or monthly (with a few going 1st/31st and 15th). From my
> > understanding, most construction related jobs (includes painters)
> > get paid weekly on Friday.
> >
> > I'm used to larger chunks at twice a month or every 2 weeks.
> >
>
> Getting paid every 2 weeks is better than twice a month.
>
> 26 checks versus 24 checks.
>
> If you budget everything based on half a month's pay, all the bills
> are paid and twice a year you get a "bonus" pay.
It works but for me, initally twice a year I'd start a CD with the
'extra'. I know they don't make a 'lot' but they've done pretty well
over the years. Interest right now is low but it's also safe (can't
lose it) and one portion of my 'portfolio'. The rest is various levels
of risk with higher returns.
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