Mastering Your Car Payments: Monthly vs. Bi-Weekly – What Works for You?

The reality is that there are 52 weeks in a year, which results in 26 bi-weekly payments. To calculate the correct monthly equivalent, you must multiply your bi-weekly payment by 26 and divide by 12 (the number of months in a year). For instance, if your bi-weekly payment is $200, the math works like this: […]