Will you get an extra paycheck next month?

August is right around the corner, meaning you only have a few more weeks to squeeze in summer fun. And, if you’re within a certain group of workers, you may get some extra funds to fund the fun. 

Twice a year, workers paid every other week have a month in which they receive three paychecks.

It's all about the math. Since there are 52 weeks in a year, those paid bi-weekly get 26 paychecks annually. That works out to two paychecks a month with two left over, which are paid out a few months apart.

August happens to be one of those months, at least for some workers.

If you are paid bi-weekly, and were just paid this past week, we have some sad news: you won't get an extra paycheck in August.

If you are set to be paid this coming Thursday, August 1, or Friday, August 2, you will get a bonus check. This is true for workers paid weekly and bi-weekly.

For those paid bi-weekly on Thursdays, your next paychecks will come on August 15 and 29. If you're paid on Fridays, you'll see funds on August 16 and August 30.

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