App-Tastic Way To Split Roommate And Group Bills

roomiesWe love having a roommate. She's a blast for those wine-and-trashy-TV nights, and she's also right there when we need a friend the most. That said, splitting bills and tracking who's paid her share—and when—for rent, electricity, wine, and other expenses can get messy.

The Problem.
We love having a roommate. She's a blast for those wine-and-trashy-TV nights, and she's also right there when we need a friend the most. That said, splitting bills and tracking who's paid her share—and when—for rent, electricity, wine, and other expenses can get messy.

The Solution.
Instead of straining your friendship by nagging, get geeky. Use an app that lets you easily and painlessly share expenses.

Swap Cash.
Get Billshare, which lets groups create online receipts for each shared expense. Billshare then splits the costs for you. It also keeps track, sending out email alerts about who owes what (and, later, who still owes what). If you want to put in notes about particular bills—say, you'll pay the rest after you get your paycheck on the 15th—there's a group wall and an internal messaging system. There's also an RSS feed which keeps you up to speed on new receipts posted.

Our favorite part? The helpful stats—how much have we spent on utilities since we moved in?—that will ultimately help reduce overall spending.

Two pointer: All of Billshare's automatic emails landed into our spam filter. If you sign up, make sure to allow emails from billshare@billshare.org. Also, you can't pay each other directly through Billshare, which is why we like using PayPal. Paying each other online amounts to less mess, plus cash back when we pay on our credit cards.

Got any roommate money tales and/or tips? Share those nuggets with other LearnVesters, in our comments section below.

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