With the economy tightening, and many people living paycheck to paycheck, we are seeing a return to more roommate situations to share expenses. This can range from the traditional 2 bedroom apartment, to a single family residence renting out a room, or someone creating a basement apartment.
When you have one or two roommates, usually one person takes the lead in handling the bills and tracking the expenses. This can often be an arduous task, and lead to arguments over whether the numbers are accurate.
One great website that can track those pesky roommate expenses is www.buxfer.com. This website is a free personal expense management site with one specific area dedicated to helping you track expenses between multiple parties.
Using a site like this can keep the accounting simple, and avoid putting the little yellow sticky on your roommate’s door asking for this month’s portion of the telephone bill.
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