This isn't a thread to discuss how much you earn but just to discuss paychecks in general.
How often do you get paid? Daily? Weekly? Bi-weekly? Monthly? Other?
Do you get paid by cash, check, or is your money direct deposited?
Do you take out any additional deductions for charity, investments, taxes, etc?
I get paid bi-weekly and I prefer that. I only had one job where I was paid monthly and it was difficult to struggle through if I ran out of money before I ran out of month. At least being paid bi-weekly, I know I only need to get through 2 weeks before I get paid again.
The only problem with being paid bi-weekly is that some bills "migrate". Instead of payment being due the same day each month they can fluctuate so sometimes a bill starts off being due toward the beginning of the month but after a few months, it's due closer to the end of the month. Right now I'm in the situation where most of my bills are due in one two-week period so I have to save up enough money from one paycheck to help cover the bills due on the next paycheck. I'm waiting for it to balance out again.
As a state worker, I'm required to have direct deposit but that's fine with me. I'd rather have my money go to the bank directly so I don't have to make a special trip there to deposit my check before I can spend it.
After having two years in a row where I actually owed money on my income tax, I started withholding money from my paycheck. The first year I withheld an additional $10 per paycheck and this last year I bumped it up to $20. I like getting money back after taxes so I can put a big chunk down to pay off some of my credit cards or get deferred maintenance done on my car.
I recently signed up with ING to get some mutual funds so I'll be taking an additional $10 out with that. I'm a little concerned about if I can afford it since my budget is already so tight but I need to start some kind of savings plan to provide for my future.
In the past, I've deducted charitable donations to the American Cancer Society and the Lighthouse of the Big Bend (an organization for the blind).