When you’re constantly on the go, it’s crucial to keep things simple and organized. That’s where we turn to technology. Let’s talk about how to keep your money organized with Splitwise. It’s an app for iPhone and Android but it also has a sweet site that makes it easy to work on your desktop too. The app is definitely useful for group trips, house bills, nights out with friends, etc…anything you could think of where money gets hazy.
What does it do?
You can make different groups for different events. Within the groups, you’re able to itemize expenses and select who you are splitting things with per item. Payment is done in-app through Venmo or PayPal.
Why is it so great?
Besides the user friendly interface, it calculates things for you so you’re not doing the math for every expense. My favorite part is the “Settle Up” button that works with Venmo (another app I can’t live without) so you’re able to pay your part quickly in either a lump sum or per item. And… *drumroll* it’s FREE!
Another nice feature
You won’t have to worry about the awkward payment reminders. The app will send the push notifications until each part is settled up. Amazing!
Give it a whirl and share your thoughts!