📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Getting paid early in December

Options
124»

Comments

  • Gordon_Hose
    Gordon_Hose Posts: 6,259 Forumite
    Debt-free and Proud!
    To people who've made comments along the lines of 'you don't have to spend it early' or 'budget for it' - I get paid early in December (mid month instead of end of month), which means I get paid less that month as I'm not being paid for as long a period of time, I'm only being paid for two weeks instead of four (then I get paid for six weeks at the end of Jan). I don't spent it early and I do budget for it, but do you seriously think that if I ring up all the people I have to pay bills to and tell them that I'm being paid less this month, they'll let me off with a smaller bill just to suit me? No! It doesn't work that way. That's why being paid at a consistent date every month makes it easier for people. Nothing to do with not being careful enough with our money.

    If you clearly know you're getting paid less in December, surely it makes sense save up a bit of money over the year to help alleviate the pressure of getting a smaller pay packet in December.

    That's what I'd do. Or is that too easy?

    £20 a month in a savings account would give you an extra £240 to go towards padding out Decembers pay packet.
  • donquine
    donquine Posts: 695 Forumite
    I normally get paid at the end of the month, but mid month in December. I'm not sure whether it's meant to be for my benefit, so I can spend it all early, or if it's so the payroll department can book holidays for the last two weeks in December. I suspect a bit of both.

    Either way, it doesn't bother me. I don't mind when I get paid, just so long as I get paid correctly! :)
  • our company pays us about a week and half early, i hate it as i then have to wait longer for januarys pay think they should just keep it the same
    now proud mum to 3 handsome boys :j latest one born 10/10/11:j
  • hcb42
    hcb42 Posts: 5,962 Forumite
    £20 a month in a savings account would give you an extra £240 to go towards padding out Decembers pay packet.

    Hardly makes a difference though in case of poster who is two weeks short lol.
  • Hardly makes a difference though in case of poster who is two weeks short lol.

    But better than nothing, right...
  • Lincoln_Imp
    Lincoln_Imp Posts: 2,518 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 12 December 2010 at 10:13AM
    Normally get paid the day before the last day of the month but in December we always get paid a week early
    No problem really just transfer it into savings acc until its payday

    But as been said you just budget for it
    Have a nice day :)
  • i get paid weekly so no problems for me i would hate to be paid monthly although we do get our bonuses on the first of every month exept january which we will get with our christmas wage

    ps just joined this site and looking forward to saving some money will keep you posted:D
    just because you are paranoid doesnt mean to say they are not out to get you
  • Jo_F
    Jo_F Posts: 1,780 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    GavB79 wrote: »
    If you have a regular payday every month and it falls on a weekend or bank holiday, you should be paid the Friday before surely? Are you saying when the 1st falls on a Sunday you are not paid until the Monday? Wow.

    Because we are paid upto the midnight of the last day of the month, they can't pay us early, so we have to wait until the month is over and all the work has been accounted for.
  • redpete
    redpete Posts: 4,736 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    To people who've made comments along the lines of 'you don't have to spend it early' or 'budget for it' - I get paid early in December (mid month instead of end of month), which means I get paid less that month as I'm not being paid for as long a period of time, I'm only being paid for two weeks instead of four (then I get paid for six weeks at the end of Jan).

    That is harsh. The only experience I've had where I was paid early it was the full month's pay but a week or so early.
    loose does not rhyme with choose but lose does and is the word you meant to write.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.