Sharing expenses is a common practice today, especially when it comes to traveling or living with roommates. However, keeping proper control of shared expenses can be complicated and lead to conflicts. Fortunately, there are several apps designed specifically to make sharing expenses easy. and avoid misunderstandings. An application that eliminates having to carry out calculations by ourselves.
More now that young people share more expenses such as the accounts of movie platforms, games and share expenses of home. But it can also be useful for a specific moment. Many restaurants refuse to calculate each person's plate and what part they should pay, since that would make it difficult for the bill to come out round. So now being able to divide those expenses beforehand and make a transfer instantly as happens with Bizum, it becomes much easier.
What are these apps for?
These applications are designed to share the expenses of a specific moment or the recurring ones that arise in our daily lives. If you share a flat with someone, surely you have to pay for electricity, water, rent... Even internet. All of these are shared expenses between two or more people.. These applications make it easy for everything to be fair. Without having the need to take out a calculator, notebook and continuously calculate what each one owes.
It is also a way to collect those debts that you have or that they have with you. If someone has asked you to pay something, you may not want to continually remind them that they owe money. Such an application that you share with other people, alerts him that he is in red numbers with you. So you do not have the excuse that you could have forgotten. In this way we know what each one owes us and we take it into account for future transactions.
SplitWise
Splitwise is a popular app to split expenses between friends, family or roommates. The application allows you to record and share expenses easily and quickly, as well as keep track of outstanding debts. In addition, it is possible to establish reminders so that users do not forget to pay their debts and avoid conflicts. Splitwise also offers the option to make payments directly from the app, making the process even easier.
Main functions of the application:
- Keep track of your shared expenses. Whether with family, with flatmates or for a meal with friends.
- A clean and simple interface to use
- Set descriptions and photos for all types of divisions. So you can have at a glance and by categories that you share with whom.
- General account to know what they owe you or what you owe and to whom.
Settle up
Settle Up is another app that makes the process of sharing expenses easy. With this application it is possible to create groups of friends or family and keep track of shared expenses. settle up also allows you to set a budget for the group and keep track of expenses to make sure you don't exceed it. In addition, the application offers the option to make payments through PayPal or bank transfers.
Main functions that the application offers you:
- Multiplatform: Since it can be used on any type of mobile and computer system.
- Without connection: You can access all the functions of the application without being connected to the internet
- Different ways of sharing: Half, by percentage, number of people...
- Export to email: As if it were an invoice, you can export the shared expenses document
- Read only access: If there are several people accessing the document and you don't want anyone to cheat, you can set it to read-only. Thus the data will not be modified.
- Translation into many languages: Many of these applications usually have one or two languages. This is not the case with Settle Up, where you have many languages to choose from.
Tricount
Tricount is an application that allows you to divide expenses equally among several users. The application offers the option to create groups and add shared expenses, as well as keep track of outstanding debts. Tricount also allows you to set a budget for the group and keep track of expenses to ensure that they are being respected. The application offers the option to make payments through PayPal or bank transfers.
The most notable functions of Tricount are the following:
- link to share: With a single link you can share the list of expenses with other people and thus verify that everything is fine.
- Divide expenses unequally: This is very useful if the restaurant account is not going halfway. Since you can go by the expense that each one has carried out.
- Without connection: Just like Settle Up, you can use the app without being connected to the internet.
- Login: Optionally, you can register an account in your Tricount profile to have all your expense lists in one saved profile.
Sesterce, share expenses with friends
Although like the other applications you can make different uses with the application, the truth is sesterce It is focused on sharing household expenses. For example, with your partner. It can be used with different people and have each one added to the list. In this way, each one contributes an expense to this same list and you manage to divide it among the members of that group.. So that we all finally pay the same.
This application is somewhat simpler, although intuitive and easy to use, and its main functions are:
- Collaborative : Each person who has the link can join and collaborate by adding the cost sharing.
- Anonymous: It is not necessary to have a registered email account to enter the shared list. Thus, the application does not have to have the user's personal information.
- Security: Projects that are shared with other people can have a password. In this way, no one has to know what it is about, beyond the members of the list.
- Simple: It really stands out how simple it is to use and how simple everything looks.
