It can be fun to go out with friends to a restaurant, but what do you do when it's time to pay the bill?
If you are trying to keep more cash in your wallet, you don't want to pay more than your fair share. Here are some tips everyone should follow to make splitting the check easier.
Now Available: The Definitive Guide to Retirement Income
Many successful investors eventually reach the same moment. The saving is done, the portfolio is built, and the question quietly changes from how much can I grow this to how much can I take out? Get that second question wrong and decades of good investing can come apart in a handful of years.
That is exactly what The Definitive Guide to Retirement Income helps answer.1 <p class="">Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. Guides are provided by Fisher Investments. The publisher may be compensated when readers request a guide.</p> It covers what your retirement could actually cost, which income sources are worth using, and the withdrawal math that decides whether the money lasts. It is free today from Fisher Investments. Read More Here ›
Choose a restaurant everyone can afford
Going out for a nice dinner at an expensive restaurant can be fun, but there's a time and place for that.
If you're going to eat out with a big group of friends, make sure you choose a place that's within everyone's budget.
It's better to recommend a lower-cost restaurant everyone can afford rather than put some of your companions in an awkward position when the bill arrives.
Be upfront about what you want to spend
Don't forget to be honest about your own budget as well. If you can't afford the restaurant some of your friends prefer, speak up.
True friends will understand your situation and accommodate your needs. The important thing is spending time together, not where you go.
Let your server know right away
You'll make life much easier for your server by telling them you want to split the check immediately.
Don't spring this news at the last moment. That just creates unnecessary headaches.
Consider adding a little extra to the tip to cover any additional work your server might have to do to split bills.
Released: The Definitive Guide to Retirement Income (Sponsor)
Most people spend their entire working lives focusing on one thing: growing a pile of money. Then they retire and discover the skill they actually need is close to the opposite. Turning that pile into steady income, year after year, through good markets and bad, without ever running out. It may be the least discussed and most consequential transition in personal finance, and plenty of otherwise careful investors walk into it with no real plan.
That is exactly what The Definitive Guide to Retirement Income helps answer.1 <p class="">Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. Guides are provided by Fisher Investments. The publisher may be compensated when readers request a guide.</p> It is a free guide from Fisher Investments covering what your retirement will really cost, where the cash flow should come from, and how much you can safely withdraw each year. Learn More Here ›
Don't overdo the split
Show a little courtesy and keep the splitting on the smaller side. Splitting a big check into four smaller ones isn't difficult for servers. Splitting the check into a dozen smaller checks is a different matter.
Keep your dining companions in mind when ordering
If you agree to split the check, don't view it as an opportunity to order the most expensive thing on the menu.
Instead, try to keep your costs reasonable. This is especially important if you know one or more of your dinner companions are struggling financially.
And if you want that expensive dish or glass of wine, maybe make up for it by covering more of the tip.
Remember the tip
Speaking of tipping, don't forget that you have to decide who will handle this part of the evening's costs. Are you going to split the tip as well?
Make sure you and your companions decide how to handle this when discussing how to split the bill.
Pay for that special someone
If you're celebrating a friend's birthday or a co-worker's retirement, don't ask that person to help split the bill.
Instead, talk to the rest of the dinner party about how you want to cover the cost of that special someone's meal.
Bring cash
Bring cash if you know ahead of time that you'll be splitting the check. It can be easier to use cash when splitting both the bill and the tip.
Don't forget the tax
It's easy to forget about taxes. But they're part of your cost, so you'll need to account for them when splitting the bill.
Earn $100 cash rewards bonus with this incredible card
The Wells Fargo Active Cash® Card (Rates and fees) has no annual fee and you can earn a $100 cash rewards bonus after spending $500 in purchases in the first 3 months.
Cardholders can also earn unlimited 2% cash rewards on purchases.
The best part? There's no annual fee.
Don't take the pen
Once you've figured out how to split the check and everyone is happy, depart from the restaurant on a high note by leaving the pen behind.
The last thing your server needs to worry about on a busy night is where their pen went. Leaving the pen on the table instead of viewing it as a freebie is simply classy.
Bottom line
Splitting checks can be difficult. But if you and your friends are all trying to get ahead financially, it's important that everyone pays their fair share.
Following the tips on this list will help ensure that everyone leaves the table with warm memories rather than hard feelings.
Up To 5% Cash Back
on Issuer's secure website Intro Offer
UNLIMITED CASHBACK MATCH: Discover will automatically match all the cash back you’ve earned at the end of your first year! There’s no minimum spending or maximum rewards. You could turn $150 cash back into $300. Click Apply Now to view important rates and disclosures. Plus, receive a $200 statement credit when you spend $500 on purchases in your first 3 months of account opening
Annual Fee $0 Why we like it
The Discover it® Cash Back is ideal for anyone who loves flexible rewards options.
Cardholders can redeem their cash back for any amount.
Earn 5% cash back on rotating bonus categories up to the quarterly maximum when you activate, along with 1% cash back on all purchases.
FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment.
Our partners do not influence how we rate products.
Subscribe Today
Learn how to make an extra $200
Get vetted side hustles and proven ways to earn extra cash sent to your inbox.
Add Us On Google