What do we do with rent week?

I know I'm a little late.....or early if you look at it that way, but that's neither here nor there. We know the desperates and the hoes come out during this time of the month, and boy do you mongers get the full entree of rent time. But when exactly DO we club during rent time? Is it a week before the first, on the first? Or is it simply within the first week of the month (or possibly the 7th day of the month)? Any thoughts comments or suggestions about this. I especially love to hear what Shadowcat and all his WACKY T-Shirts has to say about this.