Table of contents:
- Create groups for different expenses
- Create Payment Reminders
- There comes control of what you owe and who owes you
- Save tickets in the app to avoid confusion
- Choose how you want to divide the expenses
Few things cause as many conflicts and debates as dividing expenses among friends. Forgetful friends, too many controllers and those who end up paying the debt of others.
To avoid problems on vacation with your friends, you can use applications like Splitwise. A free app that has a series of functions to make dividing expenses simple and transparent.
Create groups for different expenses
Each group of friends has its system to divide the expenses. Some divide the expenses in advance to avoid problems, and others wait until the end of the vacation to each contribute their part.
But Splitwise has a different alternative, as it lets you create groups for different expenses That way, each of your friends will know what expense is pending. It's also an interesting dynamic, as your friends may be divided into different spending groups that don't involve everyone.
Create Payment Reminders
Surely you have that friend who tells you “I'll pay you later”, “when I get to the hotel”, “I forgot my card”. Yes, hopelessly forgetful.
Splitwise facilitates the unpleasant task of collecting the account, since allows you to create reminders and send them to your friends You will find this option inside Balance >> Group balances. You just have to select “Remember” and the application will give you a series of options to send the message.It can be through an email address, a WhatsApp message, SMS, etc. Simple and practical.
There comes control of what you owe and who owes you
You paid for the drinks, Juan paid for dinner and Ana forgot her wallet. How do you know at the end of the night who owes you and who you owe? If you did your homework and recorded each expense, it will be as simple as going to the Group and see the breakdown of expenses, as you see in the image:
Not only are all the activities you signed up displayed, but the app also highlights what you owe and what you borrowed. So you can know at a glance how your finances are doing on your vacation.
Save tickets in the app to avoid confusion
Losing expense tickets is a classic when traveling, and it becomes a problem when calculating accounts.This application will save you that headache, since it allows you to scan receipts or take pictures of any ticket that you need to keep.
When you are going to record the expense, you only have to select the camera icon and it will open a series of options to save any type of documentation that you need to attach to the record.
Choose how you want to divide the expenses
The application gives you the option to specify whether the expense will be divided equally among your friends. In this way, you will avoid having to take out an account or resort to other apps. But it also gives you other options to customize the way you want to divide the expenses.
You will find this function when you are going to register an expense, as you can see in the image:
Divide equally is the only option that will be completed automatically, the rest you will have to specify manually according to your criteria. For example, if you choose % you will have to establish what percentage corresponds to each one.
