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When do you get paid this month?

We usually get paid on the 26th of the month, but if that lands on a weekend/bank holiday we'll get paid the day before that.

I think this Christmas we're getting paid on Friday 19th, but can't remember for sure. It's either then or the following Monday.
 
JoeF1 said:
20th Every month. I hate it for direct debits that refuse to budge from the 1st :(
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I took a bit of time to sort out my finances and start saving, but one of the best things I did was get a second bank account, move all my direct debits to it and cut up the card they give you. Santander 123 account is ideal because of the cashback, but you need to put in at least £1K a month (usually doable if you're paying a mortgage)

Anyway, don't tell your company to change where your wages go, simply set-up a standing order to transfer the totally amount for your monthly bills to this second account.

Immediately you're unable to spend the money that is NEEDED to pay the bills and now you don't care what time of the month they come up AND there's no surprises when they do!

Slowly increase the amount of your standing order so that this second account starts to build up some extra cash each month.


Sorry if this is preaching to the choir and you're totally on top of everything, but you specifically mentioned the same kind of problem I was facing so thought I'd at least mention how I managed to fix it myself.


For anyone else on a more complex pay schedule I also helped a friend who got weekly pay cheques sort himself out by simply setting up standing orders each week (i.e. take your totally monthly payments and divide by 4). You just need to make sure to populate the account with 1 month total bills to make sure all the bills could be covered if they came out on the 1st of the month and you make payments over the month. It's almost like giving a loan to yourself and make him a much happier person on a night out :)
 
I usually get paid at the end of the month but this month it's 19th, but i don't like it as that means you don't get paid again until the end of Jan which can be 5-6 weeks away.
 
I'm hoping I get paid on the normal day (28th). I dont want to be paid any earlier... It'll make the following month seem much longer.
 
31st or last working day of month. It might seem bad for Xmas, but in actual fact, it is great as it keeps your finances in good order as you aren't splurging before Christmas on gifts/drinks/parties etc.
 
The day you get paid really shouldn't matter (assuming it's early rather than late and you don't miss direct debits etc.) with some basic budgeting.
 
anticonscience said:
Just been told I'm getting a nice pay rise too just in time for Christmas.

:D
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Congrats :)!

AJK said:
The day you get paid really shouldn't matter (assuming it's early rather than late and you don't miss direct debits etc.) with some basic budgeting.
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This a thousand times over!

If your money management skills are so bad that one paycheck can you tip you over the edge, you need to improve them ASAP. Imagine if the bank messed up a transaction and it took a few days?
 
31st, always the last weekday of the month. But in the past at xmas time we can opt for a advance on our wages, 200-300 quid etc and get that around the 19th. However it was our bonuses that where paid earlier and wages just came through at the end of the month as normal.
 
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