Reality check please. Following on from blackcats pay issue, could I have thoughts as to whether being paid fortnightly (eg every other Friday) versus twice a month( say1st and 15th), would make a difference to you and your budget?
In low interest rate times & for those who are not maxxed out on CC - then no it should not.
If high interest rates (1980s 18%) then yes it sure does. Equally if maxxed out on CC currently (& some of their 1980s like interest rates) - yes it does.
Consider this example: Both start 2.1.xx (NYD public holiday!)
Fortnightly - day of year receive 1/26th annual pay
1st & 15th - receive 1/24th annual pay
F - 2, 15, 29, 43, 57, 71, 85, 99th day
115 - 2, 15, 32, 46, 60, 74, 91, 105th day
=2/1, 15/1, 1/2, 15/2, 1/3, 15/3, 1/4
So you get the cash in hand earlier so you get to use it earlier. If going into mortgage offset - you save by fortnightly pay for example.