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Money Moral Dilemma: What should I do with the money overpaid for the Christmas party I organised?

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MSE_Kelvin
MSE_Kelvin Posts: 349 MSE Staff
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This week's MoneySaver who wants advice asks...

Before Christmas, I organised a party at a restaurant for about 35 people. I paid the bill on my credit card, which worked out at £29.15 each, then most people transferred money to me electronically afterwards. Many rounded up what they owed to £30, meaning I now have an extra £25. But I don't feel right keeping the money, and I'm not sure what to do with it.

Unfortunately the MSE team can't answer Money Moral Dilemma questions as contributions are emailed in or suggested in person. They are intended to be a point of debate and discussed at face value. Remember that behind each dilemma there is a real person so, as the forum rules say, please keep it kind and keep it clean.

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Comments

  • El_Torro
    El_Torro Posts: 1,505 Forumite
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    I'd probably just keep it. Those who overpaid know they did so. 

    If you really don't want to keep it I suggest donating the £25 to a charity of your choice.
  • Brie
    Brie Posts: 10,849 Forumite
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    Give it to a food bank.  And let your friends know and thank them for their generosity.  Tell them that you've added an extra £10 for good measure.
    "Never retract, never explain, never apologise; get things done and let them howl.”
  • hannonle
    hannonle Posts: 2,188 Forumite
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    Consider it a thank you for the time/effort you went to to organise the party. 
    Use the money in whatever way you wish. 
    Thank you to everyone who posts on the competitions boards. You all rock!
  • bikaga
    bikaga Posts: 161 Forumite
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    If it was work (or a club that's bound to get together again), donate it to the deposit for the next party that's being booked. If the group's never going to get together again, it's your organiser's fee. As someone said above, people knew they were overpaying.
  • Kplanet
    Kplanet Posts: 13 Forumite
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    You could buy lottery tickets or scratch cards and if they win split it with the group. 
  • clarryd
    clarryd Posts: 636 Forumite
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    Go buy £25 worth of lucky dip lotto tickets for the weekend draw, they are making lots of millionaires this weekend so you have a chance of making the over payers rich. If you don’t win at least you tried and you haven’t kept anyone’s money
  • MikeJXE
    MikeJXE Posts: 3,145 Forumite
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    It sounds like a TIP to me for being a good friend 
  • Flipflop13
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    I agree some good suggestions above, if you all work in the same place but some big boxes of chocolates/biscuits and bring them in on Fridays. Put it towards the next party or donate it if it’s really eating at your conscience. 

    The only one I would consider carefully is the lottery/scratchcards as that’s a whole can of worms about sharing winnings which is more awkward than the £25 you originally gained, who paid the extra 85p and who didn’t, if you win more lucky dips and it rolls on and on have you then become a syndicate. I’d stay clear to be honest.
  • Terry10R
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    Hi, send them all an email saying how much each they have due back and suggest it gets given to a charity. Throw it to a vote and I would be very surprised if anyone wants it back.Leaves you with a clear conscience 
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