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They consider it "extra" because most people budget for 2 paychecks a month. Their bill payments, expenses, and extra spending is based on month-to-month rather than yearly. So in that way, they are being paid $60K a year, but are budgeting for $55K per year ($2300 per paycheck x 2x a month x 12 months). So twice a year they have an 'extra' paycheck that wasn't budgeted for.
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