Split to SAVE!

Let’s be real, splitting a check or collecting money gets complicated no matter who you’re with. Whether dining with a group or splitting the rent, people regularly find themselves in situations where they must divvy-up the bill. You’ll be happy to hear a handful of cost-sharing apps are here to help you get past these financial challenges.

Say goodbye to the days of tallying-up expenses or nagging friends for payment. Precise calculations and instant transfers are easy with helpful tools in the pocket. Reducing misunderstandings or discrepancies is the goal as these innovations take finances into the 21st-century. Download these apps to put a range of software solutions in the palm of your hand.

1. Splitwise: Time to split bills the easy way

Frequently sharing expenses with companions? Complications may arise when dealing with a variety of charges. A running Splitwise total shows who owes what to whom, regardless of how high the bill may go! Compatibility with an infinite number of members and entries makes this a perfect fit for diners, travelers, and roommates. By the end of each cycle, you’ll know exactly what you need to balance the entire exchange.

2. Divvy: A simple expense and budgeting solution

Have receipts that need to be divided amongst a group? The world’s first free automated expense management software is here to the rescue! Take a snap of the receipt to get the Divvy process underway. Next, use your finger to drag each item to the person who needs to pay. Small to medium businesses are increasingly turning to this revolutionary app to replace traditional bookkeeping methods.

3. Venmo: Your payment sharing digital wallet

Need to send a friendly reminder to collect? Owned and operated by PayPal, Venmo is a sure-fire way to confidently process transactions of all natures. This social media-based payment platform records and reminds members within your circle of payments due. Send money to connections and make purchases from online merchants with a few clicks. A linked card or account grants you access to an entire network of exchanges.

4. SettleUp: Keep track of your group’s expenses

Want to deal with a variety of financial scenarios? Now you can split payments with a group fairly and transparently. Settle Up shows who has paid to adjust requests accordingly. A useful share feature helps you send requests via social media, email, and more. Travelers have access to an integrated foreign-exchange function that puts values in their desired currency. An ability to add receipt photos and customize groups makes this a winner!

5. Cash App: Instantly send or accept money

Ready to exchange funds? Cash App is a peer-to-peer platform that makes the entire process a breeze. Members of your party receive requests once you figure out what is owed. Deposits go to an account or to a virtual cash card that allows you to purchase items. A variety of payment methods makes this a solid option for individuals and businesses alike. Send money via debit card for free or through credit for a minimal fee.

Interested in more effectively managing group finances? These apps will save you a headache when it comes to splitting the bill and collecting your cash. Available for FREE or for a small fee, each piece of software is here to help you get a grasp on your finances. Start downloading and start saving today; a tap of the finger is all it takes!

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WRITTEN BY :

Omaya Michelle

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