All good points, because terminology can be important, I think the proper term for your scheme would be semi-monthly. Also, you’re looking for “fewer” in your paychecks per year. “Less” is for things you can’t quantify, like “We need less war in the world”, fewer is for things you can count, “I have 3 fewer apples than you do”.
The good news for you is each pay check is going to be a bit larger than a bi-weekly scheme and also you can better time your monthly bills with you direct deposits. Bi-weekly sucks when you sometimes get a check in the middle of the month and then a few days after the 1st of the new month and your rent/mortgage is due on the 1st.
Latest Answers