'A fair day's pay for a fair day's pay'?

Let's go decimal!

Remember when most 'workers' got paid weekly and only salaried staff got paid monthly?

In an effort to cut costs and improving cash flow by putting off paying employees firms and governments gradually moved over to making monthly bank payments as the 'norm' rather than costly and potentially hazardous weekly cash payments.

Now technology has reduced payroll costs hugely and it probably costs only a fraction of a penny to actually make a monthly payment to a bank account.

Why not decimalise the payment system and make payments every 10 days instead of once per month?

It would speed up the circulation of money and make net daily pay calculations extremely easy as you'd just have to divided your wage payment by 10 to work out how much you earn net per day.

Also most people have at least three main direct debits per month and it would be easier to spread them out over the month (some people find it very hard to keep aside a whole month's worth of direct debits and are forever struggling not to spend what they have in their account even though they know they should be putting money aside for their bills).

Yes - I feel that getting paid every 10 days would be better than once per month and I'd feel happier spending some money NOW in the knowledge that I'd get paid again in just a few days time rather than having to wait up to a whole month for more lovely lolly to magically appear in my bank account.

A stimulus to the economy?

I don't know for sure, but I have a sneaky feeling it would be.

What do you think?