Money Files: Wealth Over Now

125 | Understanding Your Paycheck Cycle - Bi-Weekly vs. Twice Monthly Paychecks


Listen Later

This is the third episode of my podcast series about paychecks. Today, I discuss bi-weekly and twice-monthly pay cycles.


It doesn't matter how you get paid; it matters how you think about and manage your money. Whether you get bi-weekly or twice-monthly paychecks, zero-based budgeting is essential. I provide a practical framework for calculating your monthly spending plan based on your pay schedule and how to account for extra income. Most importantly, I stress the importance of maintaining a consistent budgeting approach regardless of pay frequency so you can spend drama-free.


Following these strategies will build financial confidence and break the paycheck-to-paycheck cycle. Tune in to learn more about budgeting for your pay cycle and transforming the way you think about and manage your finances. 


Stay tuned for insights on these topics:

  • [02:30] Bi-weekly vs. twice monthly paycheck cycles

    • [04:10] The illusion of making less or more

    • [05:20] Zero-based budgeting for bi-weekly and twice monthly pay cycles

      • [07:25] Misconceptions about the 3rd paycheck

      • [10:58] Importance of a spending plan


      • Tune into this episode of Money Files to learn how to manage your finances with a bi-weekly or twice monthly pay cycle.


        Get full show notes and the episode transcript: 

        https://wealthovernow.com/understanding-your-paycheck-cycle-bi-weekly-vs-twice-monthly-paychecks/


        Links mentioned in this episode…

        Set up a call | Financial Coach Washington, DC | Wealth Over Now

        Paycheck Series: Build the Habit of Checking Your Pay Stub - Wealth Over Now

        Download my FREE spending plan

        ...more
        View all episodesView all episodes
        Download on the App Store

        Money Files: Wealth Over NowBy Keina Newell

        • 4.9
        • 4.9
        • 4.9
        • 4.9
        • 4.9

        4.9

        24 ratings


        More shows like Money Files: Wealth Over Now

        View all
        Brown Ambition by iHeartPodcasts

        Brown Ambition

        2,499 Listeners

        School of Self-Image by Tonya Leigh

        School of Self-Image

        1,087 Listeners

        The Clever Girls Know Podcast by Clever Girl Finance

        The Clever Girls Know Podcast

        860 Listeners

        Make Money as a Life Coach® by Stacey Boehman

        Make Money as a Life Coach®

        802 Listeners

        Frugal Friends Podcast by iHeartPodcasts and Jen Smith & Jill Sirianni

        Frugal Friends Podcast

        1,183 Listeners

        Hello Seven Podcast by Rachel Rodgers

        Hello Seven Podcast

        564 Listeners

        EmpowerHER by Kacia Ghetmiri

        EmpowerHER

        1,541 Listeners

        Maximized Minimalist Podcast by Katy Wells

        Maximized Minimalist Podcast

        892 Listeners

        Get the Hell Out of Debt by Cloud10

        Get the Hell Out of Debt

        206 Listeners

        Money Rehab with Nicole Lapin by Money News Network

        Money Rehab with Nicole Lapin

        1,570 Listeners

        rich & REGULAR with Kiersten and Julien Saunders by rich & REGULAR

        rich & REGULAR with Kiersten and Julien Saunders

        424 Listeners

        Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans by Vanessa and Shana | Budget Besties | Bougie On A Budget | Dave Ramsey Fans

        Financial Coaching for Women: How To Budget, Manage Money, Pay Off Debt, Save Money, Paycheck Plans

        218 Listeners

        Inspired Budget by Allison Baggerly

        Inspired Budget

        290 Listeners

        Money For Couples with Ramit Sethi by Ramit Sethi

        Money For Couples with Ramit Sethi

        3,295 Listeners

        Budget Effect: How to Budget, How to Pay off Debt, Save Money, Live on a Budget, Improve your Money Mindset on a single income by Erin Britt | Budget Strategy Coach

        Budget Effect: How to Budget, How to Pay off Debt, Save Money, Live on a Budget, Improve your Money Mindset on a single income

        7 Listeners