BillMonk is a free online application that allows roommates, couples, or friends to easily split shared bills and expenses. It tracks who owes what to whom over time, avoiding awkward conversations and simplifying shared finances.
Free online application to split shared bills and expenses, track debts, and simplify shared finances among roommates, couples, or friends.
What is BillMonk?
BillMonk is a free web and mobile application designed to simplify the process of sharing expenses between roommates, couples, friends, and family members. It allows users to easily track shared bills, rents, utilities, trips, dinners, and other expenses over time to determine who owes what to whom.
Some key features of BillMonk include:
Ability for multiple users to join a shared group and add expenses
Upload receipts and track expenses from credit cards or bank accounts
Settle up balances and see exactly who owes who money
Receive reminders when money is owed
Pay friends directly with integrated peer-to-peer payments
Available as a website, iOS app, and Android app
BillMonk aims to eliminate money awkwardness between friends and family members. By tracking all shared expenses and balances over time, it provides an up-to-date view of who owes who money so that you don't have to deal with the headache of tallying everything yourself or having uncomfortable conversations about money owed.
The service is completely free and does not take a cut of payments between users. BillMonk makes money from referral fees when users pay each other through integrated payment services.
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