Five-Paycheck Months

Pay Day Ahead Road Sign
Getty Images/James Brey

If you get paid weekly, there will be several times a year that you'll take home five paychecks instead of four. The 52 weeks in a year don't get parceled out evenly between the different months.

Since many regular expenses are due monthly, you may end up with extra money in your wallet in these months.  Make a note of when those five-paycheck months will occur; then, start planning how you'll use those extra checks to improve your finances.

 

2017: March, June, September, December

2018: March, June, August, November

2019: March, May, August, November

2020: January, May, July, October

2021: January, April, July, October, December

2022: April, July, September, December/p>

2023: March, June, September, December

2024: March, May, August, November

2025: January, May, August, November

Extra Paycheck Months If You Are Paid Every Two Weeks

If you get paid every two weeks, you will also see months where you will get three paychecks instead of two. This will only occur if your payday falls on the first Friday of a month with five Fridays. However, if your payday falls on the second Friday of those months, you will only get the usual two paychecks. You will have to check the five-Friday months to see when your payday will fall.

Consider the Season

What expenses can you expect in these months that are not your regular monthly expenses? Consider holiday spending, birthdays, taxes, school expenses, recurring home and car maintenance.

More About Budgeting Your Income

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