Semi-Monthly Pay
Planning & BudgetingBeing paid twice per month (e.g., 1st and 15th) resulting in 24 paychecks per year.
Example
Example: For someone earning $60,000/year trying to build a solid financial plan, understanding semi-monthly pay is a key piece of the puzzle. Applied to a monthly budget, this concept could help you save an extra $200-$500/month. Build your plan with our 50/30/20 budget calculator.