A group account - for your shared living project

Life is best lived in community. With the group account you can manage your income together and decide on expenses democratically.

Create group account

Gruppenkonto für Wohnprojekte auf der elinor Plattform

When setting up a shared living project, there are costs and expenses from the very beginning, to advance the purchase preparations and realize the project, which you can manage with the group account

Gruppe aus vier lächelnden Menschen arbeitet am Projekt

Why an elinor group account for our shared living project?

When setting up a shared living project, there are always costs that you bear together, from legal advice to room costs for meetings or travel expenses to the potential objects.

The group account helps you to manage your money jointly and transparently until you find your legal form and can open a classic bank account. You can start this group account as a loose, free group and decide together and democratically on the outgoing payments as needed.

Shared living projects on elinor

Sonnerden Wohnprojekt, bunte Gruppe aus Kindern und Erwachsenen

Gruppe junger Menschen im Sommer, Wohnprojekt Fuchsmühle

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Informationsblatt für Wohnprojekte
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Tips on how to manage money for your shared living project

How do you finance a shared living project?

Financing is necessary for the purchase, new construction or renovation of a plot of land or several buildings. This usually consists of the equity (shares of the group participants) and bank financing.

How to manage the costs of a shared living project?

Sahred living projects are usually set up in cooperatives and can open their own bank accounts as legal entities. But even before the foundation, there are costs and expenses that you as a community would like to bear together. The group account helps you to manage your money together until you have found your legal form and can open a bank account. At the same time, as a group of private individuals who live together, you can use the group account, e.g. B. to create a garden or gift fund.

How to open an account for a shared living project?

As soon as you have given your project a legal form, you can open a business account at a bank. Until then, you can use the group account to manage the first joint costs.

Manage money together

With our group account you can manage the common costs of your shared living project with several people!