WhatsYourShare is a free Internet-Based app that allows you to manage and resolve shared bills and expenses. Many of you must be thinking what exactly is she talking about. Well, let me give you some examples of shared expenses – expenses while sharing room or flat with your colleagues or friends, friends contribution in a party and many such types.
We often come across a situation when the entire group gets confused while calculating everybody’s contribution. Each member try his or her hand onto calculating and we spend all day just to find out everyone’s equal share. But end up with discussions or fights. This is where WhatsYourShare comes into play. You can say that it is a personal finance manager as it keeps a track of who owes you money and how much.
With WhatsYourShare, you can create shared expenses group, wherein you can easily calculate how much you and your colleagues or friends run up a bill to whom. You can add payments. However, you need to specify which group member made the payment, his payment date, amount he paid , for what has he paid, and for whom has he paid. As soon as you submit all such details, the service immediately shows up the result wherein you can easily check which group member owe money and to whom. You can download the results as an Excel Spreadsheet or a DOC file that can be shared with the entire group.
In order to get access to this service, there are two available options:
- You can use it as a guest. However, you wont be able to save your information for later use.
- You can directly login with your Gmail ID and password if you want to continue with your group or want to create more groups for future use. You will able to save information.
Lets see how WhatsYourShare works:
- After signing-in, create a group for your expense
- Add members to your group
- Add shared expenses
Yup..there your are. Check out the results in order to solve the mess created after party. You can take a look at my Shared expenses group account:
In short, WhatsYourShare is quite a utility service provided to cut out the mess created after party or while calculating electricity bill or other flat expenses It is a good bill calculator. Go ahead and try it out…!!