To this this IS extra money

[WhatsAppening]

DH has really confused me. Easily done tbf and it is early and I’m tired.

I get paid 4 weekly. We treat my wage as though it’s a monthly wage though, and all budgets are done accordingly.

This month I got paid on the 1st. So this morning I made an offhand comment about looking forward to us having an extra £1700 this month what with the extra payment.

DH first looked really puzzled and then went into great detail about why that’s not how it works. His logic was that the mortgage (same amount as my wage, coincidentally) comes out on the 1st then the first payment this month pays this month’s and then the payment on the 29th pays November’s so I’m ahead but it’s not spare money.

I KNOW he’s wrong, if we have 12 bills a year and 13 wages then it MUST be extra. But he’s confused me with his (wrong) logic.

I think because he’s focusing on one specific bill? And forgetting that we have lots of monthly bills and his monthly wage as well?

I need a simple explanation so I can convince him that we do indeed have a ‘free’ £1700 this month. It’s for his own good as it will make him happy, he’s all stressed this morning for other reasons.

@daisyjgrey

God this is like one of those "if four men had three spades and one leg, how long would it take 6 horses to dig half a hole if they were wearing trousers" maths problems.

The more comments I read the more baffled I am 😂 I need a biscuit.

😂😂

@Burnerphone21

I get confused with this and cb as that is also 4 weekly. Where I get stuck is that when you get paid on the 1st and 29th, you don't then again get paid on the 1st of the next month. You get paid in 4 weeks time. Which either matches up to the next outgoing or it doesn't.

This. It makes no sense. It should be a rolling four weeks.

God this is like one of those "if four men had three spades and one leg, how long would it take 6 horses to dig half a hole if they were wearing trousers" maths problems.
In the OP’s shoes I’d quit my job and burn my house down just to put an end to it.

Yes used to have this myself
Always came in November well handy for Christmas 😂😂

@Bluntness100 I know. However I've just counted up my cb payments and between 30/09 2020 and 30/09/2021 I got 13 payments. But the closest payment to the cut off was 29/09/20. I'm still confused

It's not extra money I've figured out for my own sanity. If after 12 months it reset and the payment date moved back to the original date then yes there would be an extra payment for each 12 month period. But it doesn't.

It’s very simple. If you have 12 bills and 13 payments, you have one more payment than you have bills.

@WhatsAppening

It’s very simple. If you have 12 bills and 13 payments, you have one more payment than you have bills.

But it’s not that simple op and you’re not a child at Xmas squelling oh money.

Why isn’t it that simple ?

@whatdoidonowffs

Why isn’t it that simple ?

Because it's a rolling 4 week period. At no point will the two pay dates (even when it's two payments in one month) be back to back, meaning there will always be a 4 week period between payments and the money will have to last the OP for 4 weeks. So whilst technically, yes, it is an extra payment over a 12 months period, it is not extra payment in a sense as a bonus payment which is a one off, which will actually bunk up your bank balance as one single lump sum.

Got it thanks 👍

@SickAndTiredAgain

If your budget accounts for 12 x £1700 but in actual fact you get 13 x £1700 then yes it’s extra to what’s been budgeted. Unless your budget is worked out like (13x£1700)/12 to give an average monthly income across the year?

100%

This really is so simple, it worries me that people are finding it so confusing. The OP gets paid in January and pays February's bills. This happens each month apart from one, where she gets (for example) October pay to use on Novembers bills, and then gets an additional payment in October which isn't needed for the bills. She then gets paid in November for Decembers bills.

@burritofan You are absolutely right, it's the only way!. 😁

Extra.
I've got the same payment schedule and have extra written next to the 13th payment.

@Flickeringgreenlight but you’re missing the point that the outgoings aren’t the same.

The money doesn’t have to last for four weeks because the bills are already paid. If it was just cash for spending for four weeks then yes. But all my (most people’s) expenses run on a 12 month calendar. So one of the wage payments is EXTRA to those expenses.

It literally is an extra lump sum.