Home / Managing the Flat Account
Besides splitting the rent between flatmates, there are other costs that will need to be divided. Some are optional, such as food, but others are not, such as power, gas, water and internet.
So, what’s the best way to funnel the money into the right place, at the right time, every month?
Because landlords, power companies and other services don’t generally accept five different online payments for one power bill, you need to be able to pay all your bills from one source. That source could be a shared flat account which, if you set it up properly at the beginning, should mostly manage itself.