Wouldn’t it be nice to make the time you spend with your friends useful as well as fun? Did you ever think that you can actually save a pretty penny by spending more time with your friends? Let us tell you about the best ways to save money in a group and find out which of these you can integrate into your daily or weekly rituals!

1. Friends Who Shop Together Stay Together
Shopping in bulk is one of the classic ways to save money, but buying large quantities of groceries for only one or two could lead to a lot of waste, which is bad for the planet, as well as your finances. However, sharing these groceries with your friends would leave each of you with a well-adapted quantity of groceries. All you have to do is compare shop lists and buy more of what you all need because you will get a better offer on it. This will not only help you save on groceries, but it will also give you a chance to go out shopping with your friends.

2. Carpooling Will Help You Save Quite a Bit
If your best friends live close to you, you could share the car ride to work and save a lot of money at the end of the month on gas bills. Your mornings will get a better start because you will get to see your friends and have a nice chat on your way to work. As for the gas bills, you could cut these off significantly even by sharing the ride with one friend only. But imagine what kind of a change it could make if you split that bill with three or even four of your friends. As a bonus, carpooling is also an excellent example of green transportation.

3. Share Your Subscriptions with Your Friends
Do you and your friends really need to have your very own copies of your favourite magazine? What about your very own Netflix accounts? Sharing these entertainment subscriptions will help you put some money aside, and it will also give you a chance to share your thoughts on the best shows or magazine articles with your friends. While it may not seem like a big save initially, when you put all of these together, you will end up with quite a bit of money in your pocket, as well as some quality time with your friends.

4. Get the Best Group Deals and Have Fun Together
Group deals on restaurant meals and cinema and show tickets are an excellent way to cut down monthly costs. It takes a little bit of research, but you and your friends could pay less to have a lot of fun. Look up your favourite restaurants and find out all about their group offers because you should be taking advantage of their special offers for groups. At the end of the month, the difference in your budget will be a noticeable one.

5. Make Your Very Own Lottery Syndicate
Playing the lottery with your friends could prove to be the best decision you have ever made because it could make you very rich. When playing together, all you need to decide is how many lottery tickets you want to buy and share the costs. By playing like this, you will get a better chance of scooping one of those amazing lottery jackpots, and if you actually win, you will do so together with your friends. This will give you a chance to spend your lottery fortunes together.

These five ideas will give you a chance to spend more time with your friends, but they will also help you cut down on your monthly expenses. Not only will you be putting away quite a bit of money, but you will also get to share more experiences with your best friends.

*This is a collaborative post*