How do you typically split up shared expenses between friends, say on a vacation or a trip you take together? I'm curious specifically about situations where there are some couples and some singles as part of the group. It's been my experience that often the single people end up subsidizing some of the couples' expenses, because the couples are usually thought of as an individual "unit" for purposes of splitting up costs. For example, if a group of say 6 friends (2 couples plus 2 singles) were renting a van and going on a road trip together, how would you split up the rental costs for the vehicle plus the cost of fuel for the trip?
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Splitting expenses between friends
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It doesn't seem fair for the couple to be considered a "unit", but I can see how a couple would have difficulty considering them separate if their finances are joined. You must be one of the singles I am guessing, so my advice to you is the best way to present it would be to draw up a "Trip Budget" detailing expenses and then at the bottom list total costs PER PERSON. Give the budget to each of your friends ahead of time so it is made clear before the trip what each person is expected to be responsible for.
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The total cost should be divided evenly among the number of people whether single or part of a couple. So a couple should pay twice as much as a single. I can't imagine doing it any other way.Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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I'm in agreement on the hotel rooms, since they're always charged per room and not per person. But what about a situation where a group of friends (let's say, again, 2 couples and 2 singles) rent a beach house for the weekend that has four bedrooms. Obviously the couples will occupy two bedrooms and the singles will each have their own bedroom. Do the singles each pay 1/4 of the total rental cost of the beach house, or 1/6? I have had various friends argue it should be split up along "bedroom" lines. Their argument usually rests on the assumption that the rental costs are roughly proportional to the number of bedrooms as opposed to the number of people a house can accommodate.
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Originally posted by StellarSaver View PostI'm in agreement on the hotel rooms, since they're always charged per room and not per person. But what about a situation where a group of friends (let's say, again, 2 couples and 2 singles) rent a beach house for the weekend that has four bedrooms. Obviously the couples will occupy two bedrooms and the singles will each have their own bedroom. Do the singles each pay 1/4 of the total rental cost of the beach house, or 1/6? I have had various friends argue it should be split up along "bedroom" lines. Their argument usually rests on the assumption that the rental costs are roughly proportional to the number of bedrooms as opposed to the number of people a house can accommodate.
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With big ticket items like hotel rooms, just book your own. With dinners and gas: a solid friendship has a way of evening those types of expenses out, over time. "I get this round of drinks, you get the next round..." etc. Keeping too much detailed score on who pays for what gets tiresome and can make one appear too cheap.
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Yeah, I have struggled with the "appearing too cheap" issue when keeping track of expenses before. Some friends like to track everything carefully, while others are completely opposite and want to go the "you pay this time, I'll pay next time" route. In general, I'm fine with not tracking everything down to the penny, but ultimately I do want to ensure that everyone pays their fair share. On the other hand, pretty much everyone in my circle of friends makes good money, so I suppose a few dollars (or even a few hundred) over the course of a long friendship is not worth worrying too much about.
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Originally posted by StellarSaver View PostOn the other hand, pretty much everyone in my circle of friends makes good money, so I suppose a few dollars (or even a few hundred) over the course of a long friendship is not worth worrying too much about.
As for sharing a house, I would split that evenly by person assuming things are generally equal. If the house was $1,200 and there were 6 people, each person pays $200 when they are alone or part of a couple. One possible exception would be if the accommodations aren't equivalent. Maybe the couple that gets the master bedroom with the private bath can kick in a little more and the single who takes the small bedroom with the shared bath can pay a little less but I wouldn't get crazy about that. Splitting it evenly would be just fine then too.Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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When it comes to vacation with a group, I split all the costs per person, like hotel rooms. If you are doing a lot of things together I have each person put like $100 into a shared funds that covers gas, or admission prices to parks/museums. That way you aren't constantly asking for money, or waiting 10 minutes while everybody buys it individually. When the pot gets low, everybody chips in more. Works really well.
If there were two beds in a hotel room with one couple and 1 single person, and the couple tried to pull the '1 unit' BS they wouldn't be staying in my room.
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We split evenly for our beach trips, but honestly, some people end up more "even" than others. The rooms are not equal. One is a master suite and huge, other rooms are tiny with two double beds shoved in there and shared bathrooms. But we do it that way anyway. It works out ok.
We also get separate checks when we go out to eat. I usually order water and a $15 meal. No appetizers and no drinks or desserts. Some people order an appetizer, dinner, drink and dessert and spend $50 at the same restaurant. I have no intention of subsidizing their meal when I am trying very hard to be frugal.
DawnLast edited by dawnwes; 10-04-2011, 06:25 PM.
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Originally posted by cschin4 View PostMY advice is to try and keep everything separate. Pay your own bills. Get your own room. Get your own dining bill and so forth. Anyone who objects to that is planning to glom off you anyway.Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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I've gone to the beach numerous times with friends and family. It's pretty simple to figure everything out. The beach house is say $1200 for the week, so you just divide that by the number of people going on the trip. With grocewries, everyone would throw X amount into a kitty. At the end of the week any money that wasn't used is divided evenly and goes back to everyone. For getting there, everyone gets a turn to pay for a fill up at the gas station.Brian
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