6 friends opened a shared bank account for vacations. Here's how it changed the way they travel.

"Kim Brindell, 34, and her friends opened a shared bank account to fund vacations they take together. Each person contributes $13 each week, which later pays for flights, food, hotels, and more. Brindell said the account helps them logistically and also holds each person accountable."

"As they ate breakfast and divided the amounts, one woman in the group joked, "It would be easier if we had a shared [bank] account." Brindell told Business Insider the group quickly realized the idea could actually work. "We laughed, but then we ended up opening one," she said. "The more we thought about it, the more it made sense.""

"Brindell, the COO of Australian hospitality group Nudo, said her friend Ellie took the lead at that monumental breakfast and opened the shared bank account. To this day, she's the only person who can make deposits and withdrawals. "Most of us have been friends for 20+ years, so we trust [Ellie] managing the account without us all needing access," Brindell told Business Insider. Each of the six girls contributes $13 ($20 AUD) - an increase from their original $7 ($10 AUD) - a week. They send their shares to Ellie, who later transfers them into the shared account."

Six longtime friends maintain a single shared bank account to fund group vacations. Each member sends weekly contributions of $13 ($20 AUD) to one friend who manages deposits and withdrawals. The arrangement began after a complicated split of expenses on a 2023 trip and has since funded trips in 2024 and 2025 to Adelaide and Noosa Shire. The account covers flights, hotels, shared meals, and groceries. Deposit dates remain flexible to match different pay schedules. The group cites logistical ease and mutual accountability as key benefits.

Read at Business Insider