Monthly or biweekly are both common in the US for salaries. And biweekly being the most common for hourly. Really just depends on your employer.
But, bills always come in monthly, which makes the monthly budgeting simple. A biweekly bill would fuck over a bunch of people as occasionally it would hit three times in a month.
You said it makes sense that in the US people get paid weekly (and pay rent monthly) so having a service that lets you pay rent off each week makes sense.
I’m asking why in the US people don’t pay rent weekly. Where I live it’s the most common way of doing it.
I’m asking why in the US people don’t pay rent weekly. Where I live it’s the most common way of doing it.
Basically all bills in the US come in monthly. Keeps the number of transfers, letters, and emails down. And as everything is on the same schedule, it works pretty well.
A biweekly bill would fuck over a bunch of people as it would occasionally come in three times in a month; necessitating a larger amount of cash on hand to account for these months. (And people are, overall, really bad about having any cash on hand)
Edit: Rejiggered the comment a bit
Edit 2: People get paid in the US either monthly or biweekly.
I tend to forget that salaries are paid weekly in the US. Then this makes at least somewhat sense.
Not typically. Every other week is more common.
Well, I’m used to monthly, both for rent and for salaries. So biweekly is still strangely often to me.
But thanks for correcting me.
Monthly or biweekly are both common in the US for salaries. And biweekly being the most common for hourly. Really just depends on your employer.
But, bills always come in monthly, which makes the monthly budgeting simple. A biweekly bill would fuck over a bunch of people as occasionally it would hit three times in a month.
But then why isn’t rent paid weekly?
Where I live, weekly or fortnightly pay is more common than monthly, and rent is almost always paid weekly.
Did you mean monthly in that last sentence?
The first is referring to the US, the second to where Dave lives (I assume New Zealand).
You said it makes sense that in the US people get paid weekly (and pay rent monthly) so having a service that lets you pay rent off each week makes sense.
I’m asking why in the US people don’t pay rent weekly. Where I live it’s the most common way of doing it.
Basically all bills in the US come in monthly. Keeps the number of transfers, letters, and emails down. And as everything is on the same schedule, it works pretty well.
A biweekly bill would fuck over a bunch of people as it would occasionally come in three times in a month; necessitating a larger amount of cash on hand to account for these months. (And people are, overall, really bad about having any cash on hand)
Edit: Rejiggered the comment a bit
Edit 2: People get paid in the US either monthly or biweekly.
Ah, this is different than the other comment implied. They said: