He is the virtual money man for me - okay not really cause I have just started to use his services - but well, let me tell you more. In case you are like me and interact with a lot of friends, meet and socialize very often, you may have the usual 'let's settle bills' awkwardness or the 'hey! when can I get back the book you borrowed from me?' weirdness, BillMonk is the man for you.
About BillMonk: The description on the website goes like this - 'Whose turn is it to pay for pizza? How much do you I owe you for rent? No idea? Let BillMonk help you keep track of money that you've borrowed or loaned, and eliminate the awkwardness of mixing money and friends.
Use it to keep track of IOUs, and shared bills like beer, food, or utilities. Let us deal with the pain of money math and reminders, so you can concentrate on the beer and not who paid for it.'
Using BillMonk is easy, you have two main options: Money and Library. The money option helps you report a bill, shuffle debts and settle with Obopay.
The library option helps you, every time you loan a very rare edition of your favourite comic book that you are very possessive about. Use BillMonk to make life easier for you, keep a track of who has your dearly beloved books and get them back! So you're minimizing weirdness in everyway!
If this description of their application sounds cool, wait! there's more! They also have an sms feature! Its automated so you can record bills on-the-go using your mobile phone! The facebook app goes a long way as well, so incase you love being social, why not try this too!? Also, to keep updated with information on Billmonk and to keep a tab on user comments and ideas, you can also follow them on twitter. Follow BillMonkFriends. Read their blog that tells you more about the startup and the implications of social money.
So why not try this application that makes sharing mean everything you've ever wanted it to be! Spread the word and use BillMonk so that the next time you can spend and share without worrying about being square.
Watch this video about BillMonk and its co-founders: newbie entrepreneurs and a cool tool. Awesome.
* Images are under the creative commons license.
No comments:
Post a Comment