4 days ago
Indian Expat Says Fortnightly Pay Improves Financial Management
Sarthak Dhingra lives in Australia and gets paid every two weeks.
That means he receives 24 salary payments in a year instead of 12.
He says this helps him plan his spending.
He also believes it makes saving and investing easier.
Some people might think getting paid more often makes people spend more.
Dhingra disagrees with that idea.
Other social-media users said the total yearly amount is still the same.
They argued that learning to manage money matters more than how often someone is paid.
Sarthak Dhingra, an Indian living in Australia, said he prefers fortnightly paychecks to monthly salaries.
He said receiving 24 payments a year helps him save, invest and manage expenses.
Dhingra argued that more frequent pay does not necessarily encourage people to spend more.
He acknowledged that payment schedules vary by industry but said fortnightly pay is common in many Australian sectors.
Social-media users debated whether payment frequency improves budgeting when the annual salary remains unchanged.
- Who
- Sarthak Dhingra, an Indian man living in Australia, shared his view.
- What
- He said fortnightly salary payments are better for managing expenses, saving and investing than monthly payments.
- Where
- The experience concerned Australia and was shared on Instagram.
- When
- He discussed the issue after his salary was credited and shared the experience in a social-media video.
- Why
- Dhingra said receiving 24 payments instead of 12 helps him manage his finances more effectively.
Fortnightly Pay Advocates
Monthly Pay and Budgeting Advocates
Financial management
Fortnightly Pay Advocates
Dhingra said getting paid every two weeks helps him manage expenses, save money and invest.
Monthly Pay and Budgeting Advocates
One commenter said people can learn to manage money better with a monthly salary.
Effect of payment frequency
Fortnightly Pay Advocates
Dhingra argued that more frequent payments do not necessarily lead to more spending.
Monthly Pay and Budgeting Advocates
A commenter noted that the total salary remains the same whether it arrives once or twice a month.
Main budgeting factor
Fortnightly Pay Advocates
Dhingra presented the 24-payment cycle as a major practical advantage.
Monthly Pay and Budgeting Advocates
Another commenter said management, rather than payment frequency, is the key factor.
Key facts
- Speaker
- Sarthak Dhingra
- Country discussed
- Australia
- Fortnightly payments
- 24 salary payments per year
- Monthly payments
- 12 salary payments per year
- Benefits cited
- Managing expenses, saving and investing
- Industry qualification
- Dhingra said payment schedules differ across sectors, although fortnightly pay is common in many Australian sectors.
Quotes
Sarthak Dhingra
Indian man living in Australia who shared his views on fortnightly salary payments
“You get your salary 12 times a year. Instead of that, it gets doubled—it comes 24 times. And you can manage all your expenses and everything.”
livemint.com
“I can never go back.”
livemint.com
Sources
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