Summertime! And the living is easy — especially if you are in the Extra Paycheck Club, and you might be whether you want to be or not. While two paychecks each month is still standard for many people, some employers pay bi-weekly. Instead of getting paid twice a month (24 paychecks/year), you get paid every other week (26 paychecks/year). It’s not exactly free money; you end up getting paid the same rate annually, just split over more paychecks.