Most people choose a schedule that matches when they get their own money (like their wages or benefits).
| Schedule | How often you pay | How many payments in a year |
| Weekly | Once every week | 52 payments |
| Fortnightly | Once every two weeks | 26 payments |
| Four-Weekly | Once every four weeks | 13 payments |
| Monthly | Once every month | 12 payments |
Which one should you pick?
Weekly or Fortnightly: These are great if you get paid every week or every two weeks. The individual payments are smaller, which can make them easier to manage.
Four-Weekly: Some people get paid every four weeks (usually on a Friday). If this is you, picking "Four-Weekly" ensures your payment always comes out just after you've been paid.
Monthly: This is best if you get paid once a month on a set date (like the 25th). Remember, for monthly plans, you must choose a date between the 1st and the 28th.
Note: Because there are 52 weeks in a year, a "Four-Weekly" plan actually happens 13 times a year, whereas a "Monthly" plan only happens 12 times. Check your calendar to see which one matches your payday!