Group Trip Money Tips

Camping with the boys? Hell yeah! 💪 Glamping with the girls? You know we’re already packed. 💅 

We don’t know who needs to hear this, but you’re never too old to grab those 3-day music festival tickets and rave until the sun comes up. 💃 You’re welcome, babe. 🥳

If you’re planning a group trip, you already know money is a main event. 🤑 Smooth things over with these top tips! 

 

Here’s Five Fast Facts on how to share costs on a group trip:

  1. ⛱️ Beaches & Budgets - Before you start planning the trip, a good first step is to figure out how much everyone’s OK with spending. It’s better to back into things from that place rather than plan and have people feel uncomfortable. Whoever’s in charge of planning should give everyone an estimate of what everything will cost, including flights, accommodations, and transportation. Don’t forget to factor in food and entertainment.
  1. ⚖️ Even Stevens - Another thing to plan in advance is how everyone will be sharing costs. There are a bunch of different ways to do it. The easiest way is to total everything up and then split the costs evenly amongst everyone. However, this may not work if group members have varying budgets or activity preferences.
  1. 🧮 Slice and Dice - You could also split expenses using a “pay as you go” method. In this strategy, each person pays their own way. You could also take turns paying for activities or split costs by category (for example, one person pays for plane tickets while another pays for lodging). It might take a little back and forth to smooth things out, but doing so before you hit the road will make your trip more enjoyable.
  1. ✌️ Sideline Sesh - Even though traveling with a group is great for bonding and quality time, you don’t have to always do things together. If you’re on a tight budget, you might skip out on an expensive dinner out and hang at the Airbnb instead. If you want the entire group involved in something, consider having some people throw in a few extra bucks to offset costs for the more budget conscious members.
  1. 🗣️ Talk It Out - To avoid a brawl for it all, communicate as much as possible. If you feel like you’re paying more than you bargained for, speak up as soon as you feel the urge. This will not only help keep the trip light and fun, but you’re less likely to get stiffed later after everyone’s back home. 

🔥Bottom line: You should spend your vacation enjoying your company, not fighting over who’s paying for what! When you clear everything up ahead of time, you set yourself up for success. Party time, excellent. Sure you might travel with friends, but would you buy a house with them? Before you go all in, check out this article.

Planning a trip with your besties this summer?

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