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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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Plus, for the fact you had to collate and monitor around 34 individual payments into your bank account to cover the total AFTER going to the trouble of organising the party for such a large number of people at the restaurant in the first place AND all the time you spent over the whole thing in my view means you’re entitled to the small ‘tip’ (because basically that’s what it is from your grateful friends/family/colleagues or whoever they were).
If so, your “tip” is probably your employer’s money.
If not, then in fully self-funding an event up front and then securing payment after the event from 34 people without any defaulters whatsoever, then you are clearly a person of exceptional talent and probably need no advice from anyone.
I can see why a moral, honest colleague would be a bit worried about the overpayment, but you're also their friend. Any of these suggestions are worth doing, except the lottery idea - I agree that you could have a bigger problem with that than the one you have now.
It's your choice. Ask those who overpaid if they want their 15 pence back, buy some nice biccies or chocs, put it towards the next gathering, give it to charity...or see it as a well-deserved thank you from the friends and coworkers who didn't have to take a risk by paying with their own money. To have £25 left, the bill must have been huge, at 15 pence overpayment, which not all of them paid, according to your post; also, not everyone paid you back by bank transfer, so some must have given you the correct cash, yes?
I don't have the maths skills to break down the bill; I can manage 35x30, but not how many 15s make £25....
I think they might be embarrassed if you approached them about it, in my experience of work/social organising.
My idea, on taking a few minutes to think how I would deal with it, because we're all different, would be to send a group email - or get together and talk to each other (there's a novel thought!) and suggest that the money starts the savings fund for the next time, and keep a book of names and dates. Maybe £3 weekly? It would soon mount up, and with spring and summer coming, lighter evenings, and pubs restaurants desperate for customers, you have the start of a social club and something that you can look forward to. Coach trips out for a day? You don't say where you live, are there any lovely places reasonably close?
In my own case, I don't drive, so our works outings on a coach were really exciting for me.
A long-winded response, my apologies if anyone has fallen asleep.