[123]

Originally Posted by loldis

I'm not sure how else to explain it tbh, but maybe someone else can reword or give their take. The two account method may work for you though so you don't have to think about it. Money will arrive in your account once a month as it always has, will just be a little less than before.

See more...

To make the math simple. Lets assume the OP gets £24,000 per year after task or £2,000 per month.

If they move to a 4 weekly pay cycle they instead get £1,845 per 4 week. Most "months" that means their monthly income will be £1,845 but once a year it will be £3,690

Assuming they can live on the £1,845 a month and don't need every penny of the £2,000 to make end meet, the solution is simple.

Open a second account, tell your employer this account is the one to pay your salary into. It doesn't matter what day they pay you, it just goes to that account, you then setup a transfer from that account of £1,845 on the last day of the month and that becomes your "monthly salary"

After a year you will have a spare "month" in the second account (as your company has paid you once more than you have paid yourself) and so your annual holiday/christmas spends have been saved automatically