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  1. #1
    Mechagnome
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    How much do I make a month?

    I start confusing myself when I start crunching numbers... can someone do it for me?

    150/wk (weekly)
    360/wk (bi weekly pay, so 720/bi wk)

    How much do I make a month?

  2. #2
    Deleted
    That does not make sense, 150 x 4 should be 600.

  3. #3
    You seriously can't figure out addition and multiplication?

    4(150+360) = 2040

    And then there are the few odd months each year where you get 5 paychecks... I just blew your mind.
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  4. #4
    Quote Originally Posted by Zxzas View Post
    I start confusing myself when I start crunching numbers... can someone do it for me?

    150/wk (weekly)
    360/wk (bi weekly pay, so 720/bi wk)

    How much do I make a month?
    I'm hoping this is a PT job otherwise...wow.

    Rich is correct. 150+150=300, 300+300=600, so you make 600 a month

    Not sure how you make 150 a week but 360 bi-weekly, doesn't make sense.

  5. #5
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    I'm not sure what that second line means. If your weekly pay is indeed 150, then your "bi-weekly pay", as in every two weeks, would be 2*150=300. Unless, of course, they're two different pays, in which case you could make it a bit clearer.

    However, there are 5 workdays every week. There's an average of 21.5 workdays in a month (well, that's the number used in Finland for official stuff.) If your weekly pay is 150 currency, then your daily pay is 150/5=30 currency, and your monthly pay is 30*21.5=645 currency. If that bi-weekly pay is a different pay, then it would add up to 720/10=72 currency for daily pay, 72*21.5=1548 currency for monthly. A total of 645+1548=2193 currency monthly.

    It depends, I guess, whether you use the 21.5 day average month calculation, or whether you do it like Fahrenheit has done below. Either way, every month does not have an even four weeks.
    Last edited by mmoc3ff0cc8be0; 2014-06-27 at 01:33 PM.

  6. #6
    Mechagnome
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    Sorry for confusion, I get paid weekly with 1 job, and bi weekly with the other.

    First Job is 150/wk
    Second job is 360/wk but I get paid bi-weekly, so 360+360 = 720 every other week.

  7. #7
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    Quote Originally Posted by Zxzas View Post
    I start confusing myself when I start crunching numbers... can someone do it for me?

    150/wk (weekly)
    360/wk (bi weekly pay, so 720/bi wk)

    How much do I make a month?
    (150 x 52) / 12 = 650
    (720 x 26) / 12 = 1560

    650+1560 = 2210 (your monthly income)

    That's an average, as some posters have mentioned, some months you'll get 5 weekly pay checks or 3 bi-weekly paychecks depending on what day your payday lands on.
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  8. #8
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    Quote Originally Posted by Zxzas View Post
    Sorry for confusion, I get paid weekly with 1 job, and bi weekly with the other.

    First Job is 150/wk
    Second job is 360/wk but I get paid bi-weekly, so 360+360 = 720 every other week.
    So basically you make 510 per week.

    510/5*21.5=2193. Or 510*52/12=2210. Depending on how you want to calculate it. Then again, if you want to be accurate, you'll do it my way, but don't use the average, and instead use the actual number of workdays. For example, in June 2014 there are 21 workdays, not counting holidays. That'd make 510/5*21=2142 for the month of June 2014.
    Last edited by mmoc3ff0cc8be0; 2014-06-27 at 01:36 PM.

  9. #9
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    Quote Originally Posted by Sydänyö View Post
    So basically you make 510 per week.
    With taxes I'd say 470ish..

  10. #10
    The Insane Kathandira's Avatar
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    Are these numbers before or after tax?
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    Quote Originally Posted by Kathandira View Post
    Are these numbers before or after tax?
    Before. I deduct about 70-100 dollars with the final outcome.

  12. #12
    Deleted
    360x52 = 18,720
    150x52 = 7,800
    Divide by 12
    2,210
    Last edited by mmocf6305105ff; 2014-06-27 at 01:41 PM.

  13. #13
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    Thank you all so much

  14. #14
    The Insane Kathandira's Avatar
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    Taxes can be calculated pretty accurately once you figure out the percentage taken from each check.

    For me, it is 23% of my incomes is taken for taxes.
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  15. #15
    Deleted
    The "multiply by weeks and divide by months" -method isn't accurate though, since every month does not have the same amount of weeks, or days. For example, January, July, October and December have 23 workdays (not including holidays), which is four weeks and 3 days, or 4 3/5 weeks. February 2014 on the other hand had an even four weeks, 20 workdays, and there are some months with 21 and 22 workdays.

  16. #16
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    Quote Originally Posted by Sydänyö View Post
    The "multiply by weeks and divide by months" -method isn't accurate though, since every month does not have the same amount of weeks, or days. For example, January, July, October and December have 23 workdays (not including holidays), which is four weeks and 3 days, or 4 3/5 weeks. February 2014 on the other hand had an even four weeks, 20 workdays, and there are some months with 21 and 22 workdays.
    well, it's an average /shrug.
    what does it matter?

    you could work it out more accurately for each month jan-dec if you like, but i dont think i have the time.

  17. #17
    I hope this ain't Euro, otherwise I want your job.

    Edit: New York, Dollar. Still...

  18. #18
    Immortal Fahrenheit's Avatar
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    Quote Originally Posted by Sydänyö View Post
    The "multiply by weeks and divide by months" -method isn't accurate though, since every month does not have the same amount of weeks, or days. For example, January, July, October and December have 23 workdays (not including holidays), which is four weeks and 3 days, or 4 3/5 weeks. February 2014 on the other hand had an even four weeks, 20 workdays, and there are some months with 21 and 22 workdays.
    Oh, stop it. It's close enough for banks to use that when considering loans. Calm you Nordic ass, it's Friday afternoon, don't you have spoiled fish heads to be eating?
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  19. #19
    Merely a Setback Reeve's Avatar
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    Quote Originally Posted by Zxzas View Post
    I start confusing myself when I start crunching numbers... can someone do it for me?

    150/wk (weekly)
    360/wk (bi weekly pay, so 720/bi wk)

    How much do I make a month?
    150/week * 52 weeks in a year /12 months in a year = $650/month on average.
    360 biweekly * 26 periods / 12 months = $780/month on average
    $650 + $780 = $1430 / month

    - - - Updated - - -

    Quote Originally Posted by Sydänyö View Post
    The "multiply by weeks and divide by months" -method isn't accurate though, since every month does not have the same amount of weeks, or days. For example, January, July, October and December have 23 workdays (not including holidays), which is four weeks and 3 days, or 4 3/5 weeks. February 2014 on the other hand had an even four weeks, 20 workdays, and there are some months with 21 and 22 workdays.
    Oh nonsense. If you're asking for a monthly rate, you want an average month. If you want more detailed than an average month, you'd need to know which month is in question and how many pay periods are in that month.
    Last edited by Reeve; 2014-06-27 at 02:41 PM.
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  20. #20
    I think the big questions is how do you make any money/month, without basic math skills?
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