Switch - Shockingly simple group payments Switch - Shockingly simple group payments

Campus Internship

How to Manage Meetup Costs Efficiently with These Simple Steps

June 3, 2025

An image of a woman at the beach, standing in shallow water with waves crashing around her. She is wearing a straw hat, a white dress, and holding a beach bag. The sky is blue, and there are palm trees in the background.

How to Manage Meetup Costs Efficiently

Meetups and group events are a great way to connect with others and share experiences. However, managing the costs associated with these meetups can often be a hassle and cause unnecessary stress. In this blog post, we will discuss some practical solutions to help you effectively manage the cost of meetups and ensure a smooth and enjoyable experience for everyone involved.

By the end of this post, you will learn how to efficiently track and collect money for meetups, eliminate the need for IOUs and manual tracking, and ensure transparency and accountability among group members. Let's dive in!

How To: Simplify Meetup Cost Management with Switch

Planning a meetup and collecting money from group members can be a tedious task. Here's a step-by-step guide on how to use Switch to streamline the process:

1. Create a Pitch for Your Meetup

On Switch, you can easily create a "pitch," which acts as a virtual account for your meetup. This allows you to manage and track the shared funds in real-time.

2. Set the Meetup Price

Determine the cost of the meetup and set the price for each participant. With Switch, you have the flexibility to request any amount or an exact amount from each member.

3. Invite Group Members to Join the Pitch

Send invitations to all the group members to join the pitch. They can easily contribute to the meetup cost via Apple/Google Pay or their credit/debit cards.

4. Enjoy Transparency and Accountability

With Switch, you can track who has paid and who hasn't with ease. There's no need for manual spreadsheets or spending time on IOU tracking. The platform provides transparent transaction statements and integrates with accounting tools like QuickBooks for seamless organization.

5. Stay Connected and Informed

Switch offers full chat functionality, allowing you to have conversations about shared expenses. You can also send SMS text blasts to the group for important updates or reminders regarding the meetup.

6. Dispose of the Pitch or Reuse It

After the meetup, you have the option to dispose of the pitch if it was a one-time event. If you have regular meetups, you can reuse the pitch and continue managing the funds for future gatherings.

7. Enjoy Hassle-free Meetups

By using Switch, you can eliminate the stress and awkwardness of collecting and spending money in groups. With its intuitive design and user-friendly features, Switch empowers you to create incredible meetup experiences without the hassle.

Efficiently Manage Meetup Costs with Switch

To recap, managing meetup costs can be made much easier with Switch. Here are the key takeaways:

  • Create a virtual pitch for your meetup to manage funds in real-time.
  • Set the meetup price and invite group members to contribute.
  • Track payments transparently and eliminate the need for manual tracking.
  • Stay connected with group members and send important updates via the Switch app.
  • Dispose of the pitch after a one-time event or reuse it for future meetups.

With Switch, you can focus on enjoying your meetups and building meaningful connections, without the stress of managing finances. Say goodbye to IOUs and spreadsheet headaches, and give Switch a try for your next meetup!

Get the App

Get started in

seconds.

Switch is a financial technology company and is not a bank. Banking services provided by Thread Bank; Member FDIC. The Switch Visa® Debit Card is issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa debit cards are accepted.

© 2023 Grink Inc.