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  • Will You Add? - Handling Finances When Renting With College Roommates

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    Now that you've moved in with your roommates, you need to determine who will handle the finances, which includes rent, groceries, utilities (electric/gas, cable, phone, etc..). One individual should be designated this responsibility. This individual should be well-organized and responsible and must ensure that all payments are made on time. Timely payments is important to prevent any late fees, additional surcharges, or even discontinuation of services.

    In order to properly prepare and manage all finances on a monthly basis, the responsible individual should maintain a spreadsheet. I would recommend a spreadsheet maintained in Exce

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    utilities (electric/gas, cable, phone, etc..). One individual should be designated this responsibility. This individual should be well-organized and responsible and must ensure that all payments are made on time. Timely payments is important to prevent any late fees, additional surcharges, or even discontinuation of services.

    In order to properly prepare and manage all finances on a monthly basis, the responsible individual should maintain a spreadsheet. I would recommend a spreadsheet maintained in Exc

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    be well-organized and responsible and must ensure that all payments are made on time. Timely payments is important to prevent any late fees, additional surcharges, or even discontinuation of services.

    In order to properly prepare and manage all finances on a monthly basis, the responsible individual should maintain a spreadsheet. I would recommend a spreadsheet maintained in Exc

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    late fees, additional surcharges, or even discontinuation of services.

    In order to properly prepare and manage all finances on a monthly basis, the responsible individual should maintain a spreadsheet. I would recommend a spreadsheet maintained in Exc

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    on a monthly basis, the responsible individual should maintain a spreadsheet. I would recommend a spreadsheet maintained in Excel. This spreadsheet should be maintained with the names of everyone sharing the apartment. All finances are generally divided evenly so everyone should be paying an equal share unless there is some prior arrangement that would require someone to pay more or less. Whatever the case, the responsible individual should solicit payments from each roommate in the household. As they are received, it should be well-documented and noted. The date, payment amount, and the name of the household member should be recorded

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