Settling Up: The Fewest Payments that Clear Every Balance
This lesson is part of the course
In this lesson
You turn four net balances into a short list of payments – largest debtor pays largest creditor – update the balances round by round and check how much money changes hands.
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Lessons in this course
- Building the Itinerary: Nights per Stop, Check-in and Check-out Dates Locked
- Spending in Four Currencies: FX Table, Home-Currency Totals and Card Fees Locked
- Plane, Train, Bus or Car? Comparing One Leg per Person and per Hour Locked
- Hotel, Apartment or Hostel? Total Stay Cost with Fees and City Tax Locked
- Daily Budget Burn-Down: Planned vs Actual and What's Left per Day Locked
- Splitting Group Costs Fairly: Who Paid, Fair Shares and Net Balances Locked
- Settling Up: The Fewest Payments that Clear Every Balance Locked
- Points & Miles: Value per Point and the Best Use of a Balance Locked