Viewing a single comment thread. View all comments

blakeh95 t1_ja1f8m7 wrote

Reply to comment by timmyboyoyo in LPT: When calculating something such as rent or pay, a month is 4.345 weeks by MikeTorsson

2 checks x 12 months = 24 checks.

But you actually get paid every 2 weeks, so that’s 52 weeks per year / 2 weeks per check = 26 checks.

26 checks received - 24 checks budgeted = 2 extra.

For bonus points, there are occasionally years with 3 extra checks because 52 weeks x 7 = 364 days, not 365.

18

5l4 t1_ja3rnjr wrote

In very rare years you could also have 27 cheques (if January 1st was a pay day or January 2nd and it’s a leap year).

1

blakeh95 t1_ja4d734 wrote

…yes, this would be the years with 3 extra checks that I mentioned.

0