i used to be paid every four weeks
and I thought it would be a fucking nightmare with all the direct debits and standing orders getting out of sync all the time. Thing is, you get paid 13 times a year, and technically 3 days ahead of everybody else, every 4 weeks, so your credit should always be ahead of you, not behind you. You should just try and not spend all your wages the day they are paid in.

If all your DD's are on the 2nd of the month, and you were paid on the 1st, there is no problem. But your next payday is then going to be 28 days later, on the 29th, your DD's are then 4 days after you were paid, (5 days if it is a 31 day month). Is this a problem, you still have your money before your bills are due. Next month you will be paid on the 26th(or 25th), so you now have your money 7days ahead of your bills. After about 10 or 11 months, you will reach a point where you are paid 3 weeks ahead of your bills, NOT 1 week behind. If you think it is one week behind, then you are spending money ahead of your means.
( turb0t, Tue 28 Oct 2008, 11:44, Reply)