Here's a semi-practical tip for spending less money than you need to when you're at a social event: Deliberately carry around high value bank notes to make it more difficult to break up into smaller currencies. Best case scenario, your friend of the hour will just say "You know what, I'll pay for and you just have to pay me back" and all you have to do is sit back and let time work its magic as all is forgotten, as with many things.
Although worst case scenario, you single-handedly end up paying for the entire bill simply because you have the capacity to do so, and people end up "forgetting" to pay you back.
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