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Splitwise Helps you Split Costs with Others

photo splitwise-helps-you-split-costs-with-others.pngWhether you are part of a group splitting a check after dining out or splitting the utilities bill with roommates, there is more to sharing costs than simply calculating them. Splitwise is an app that not only calculates each person’s part of a split bill, but also helps you manage every one with a simple record and then pay these costs through PayPal.  It helps you and your friends or family keep track of shared bills regardless of the types of expenses so that if friends owe you money or vice-versa, you can easily settle it directly from within the app or via the website.   If a debt goes unpaid for too long, it also provides an e-mail reminder feature that you can use to remind those who have not yet paid you back.

Splitwise is an easy-to-use “I.O.U. manager” of sorts that helps you keep your debts in order, making finding and paying them quick and painless.  While it is available through the company’s website, users can also access it via the mobile web app.  Thus, you have an option of any Internet-connected computer or tech device when you require laptop repair, even if a laptop is your preferred means of access.  With Splitwise, you can add individuals from your address book or create a group, and those you add do not need to be members themselves.  If you are dining out and would rather avoid the math, it features a check splitter, and you can even do some calculations item by item through the web version.  To pay your part, all you need to do is send a payment through PayPal right from the app.

As far as Internet security is concerned, the only safety issues you need to deal with are those you have directly from PayPal, though it is an extremely secure form of payment.  Splitwise also has a Guest Calculator feature, which helps you figure out how much you should pay in situations such as staying at a friend’s house indefinitely.  With this tool, a guest can decide how much to pay in order to thank someone for a place to stay or a host can determine how much a long-term guest should contribute for household expenses.  It works by calculating total rent, frequency of payment, length of stay, and number of occupants to suggest a number that would cover expenses.  It does not matter if you need a useful tool for splitting a check, dividing rent, or keeping track of various payments to a number of people.  For anyone who shares any number of expenses with others, Splitwise is a great way to keep track of all expenditures.

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