Having a budget system like this helps you save for a rainy day and makes sure you control your spending habits a lot better. Most employees are paid every two weeks, and to help them save and plan their spending, they need a good bi-weekly budget.Īll a bi-weekly budget does is tell you what you should spend and where you should spend your money during any given two-week period between paychecks. This is the standard payment system for a majority of the companies out there. When it comes to budgets, a bi-weekly paycheck means you are being paid every two weeks. To find out how we apply the bi-weekly term just continue to read our article. The dictionaries do not help here as they apply both definitions to these words. If you are paid bi-weekly, you could get a check twice a week or every two weeks. if you are paid bi-monthly, you would be getting a check twice a month or once every two months. The frequency of those paychecks will differ depending on the application of either word.
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