<prompt> Human: Not sure if this is the right sub but here goes..Background: I have a couple buddies from high school that Ive been friends with for close to 15 years. We were close all through college then after college we all got jobs in different areas and kind of went our separate ways. We still talk frequently and even hang out 3-4 times a year but we always reminisce about when we used to hang out more and how fun it was. Unfortunately due to various adult commitments nowadays its hard for all of us to ever coordinate a big event or vacation together. So.. my buddy came up with an idea for a group vacation fund. We all contribute a small amount monthly say 50, then we come up with a vacation idea and when we have enough money we plan it, hash out the details and we all go along. The idea is to commit ourselves to a cool adventure together because we have money set aside and to stop making excuses about why we cant hang out.Another buddy a CPA asked some really good questions that were still trying to figure out such as:what happens when someone leaves?what is the money actually used for? flights? hotels? expenses at wherever we are?what about flights and the difference in price from different airports? we all live in different citiesalong with a host of others..Basically, does anyone have experience with something like this? How did you deal with the above? Good idea? Bad idea? Any input it welcome.  <response>: Why cant you just save the money individually?If you need to make it something more separate from other savings, you can each open an account explicitly for this purpose. You could even use a goal-oriented service like: But merging your money before youre actually paying for part of the vacation is a recipe for ruined friendships. 