Payment cycles (such as of paychecks and other forms of payment) and billing cycles (such as of credit cards, telephone bills, etc.,) should begin and end on clear and logical points in time, such as from the first day of the month to the last day of the month. Telephone or credit card bills covering the period from March 13 to April 12 or bank statements covering the period from May 6 to June 7 are not blocks of time with logical starting and ending points. They are not even the beginning or ending of weeks. Life would be much easier if bills, statements and other ongoing account records were made to cover obvious and clear-cut time periods such as from March 1 to March 31, or June 1 to June 30. Semimonthly (twice monthly) payments would then always run from the 1st of the month to the 15th and from the 16th to the end of the month.