Committee calculator: working out the pot, the turns and the totals
A committee has only four numbers in it. Once you can see how they move together, setting one up takes about a minute.
Short answer. Pot = members × monthly amount. Length in months = number of members. Total each member pays = monthly amount × members, which equals the pot they receive. So everyone pays in exactly what they take out; only the timing differs.
The four numbers
| Number | How to get it |
|---|---|
| Monthly pot | members × monthly amount |
| Length | one month per member |
| Total each member pays | monthly amount × number of months |
| Total each member receives | the pot, once |
The last two are always equal. That is the whole design.
Common sizes
| Members | Monthly | Pot each month | Runs for | Each member pays in total |
|---|---|---|---|---|
| 6 | PKR 5,000 | PKR 30,000 | 6 months | PKR 30,000 |
| 10 | PKR 5,000 | PKR 50,000 | 10 months | PKR 50,000 |
| 10 | PKR 10,000 | PKR 100,000 | 10 months | PKR 100,000 |
| 12 | PKR 15,000 | PKR 180,000 | 12 months | PKR 180,000 |
| 20 | PKR 10,000 | PKR 200,000 | 20 months | PKR 200,000 |
Choosing the size
Work backwards from what the money is for. If somebody needs about PKR 100,000, then ten members at 10,000 gets there — or twenty at 5,000, which is easier on each person but takes twice as long and carries twice the risk of somebody dropping out.
A rule of thumb that holds up: more members is easier monthly and harder overall. Every extra member is another month somebody has to keep paying, and another person who might not.
When the amount is not the same for everyone
Some groups collect a fixed total instead — the community needs PKR 60,000 a month and splits it between whoever is in. That is a different model, and the arithmetic reverses: each member's share is the total divided by the member count, and it changes as people join or leave. Laqfiz supports both, and calls them fixed (a set total, split) and dynamic (a set amount each, so the total grows).
Common questions
Does taking the pot early make it worth more?
In cash terms, no — you receive the same figure whenever your turn comes. In value terms, yes: money now is worth more than the same money in ten months, which is why an early turn is usually treated as a favour and a late turn as a service to the group.
Can a committee have two people sharing one share?
Commonly, yes. Two people split one monthly payment and split the pot when their turn comes. Record it as one share with two names so the arithmetic stays simple.
Read next
- What a committee is, and how the money moves — The idea, the numbers, and where it comes from
- Monthly committee: sizes, dates and what to expect — The common monthly plans, side by side
- How to run a committee people trust — The organiser's job, month by month