What is SplitMyExpenses?
SplitMyExpenses is a platform designed to simplify the process of splitting bills with friends. Users can input their expenses, which are then equally divided among them. The tool offers features such as automatic receipt scanning and itemization, allowing users to charge directly through platforms like Venmo and CashApp. Additionally, SplitMyExpenses utilizes AI to automate tasks like scanning receipts and categorizing items, making the expense-splitting process more efficient and convenient. Users can link their credit cards and bank accounts securely to import expenses automatically. The platform ensures the safety of financial information by handling the integration of financial accounts securely through Stripe.
Who created SplitMyExpenses?
Splitmyexpenses was created by Bradley Bernard, who launched the platform on June 20, 2024. Bradley Bernard built SplitMyExpenses to simplify bill splitting with friends, providing a user-friendly solution to handle group expenses efficiently and easily. The platform offers automated bill splitting, receipt scanning, integration with payment apps like Venmo and PayPal, and secure handling of financial data. Bradley Bernard continues to invest in and innovate SplitMyExpenses, focusing on adopting the latest technologies to enhance user experience and features.
What is SplitMyExpenses used for?
- Automated splitting of bills
- Direct charging on Venmo, CashApp
- Automatic receipt scanning and itemization
- Integration with credit cards and bank accounts
- Expense import from various sources
- Detailed charge history
- Charge review feature increasing transparency
- Effective spending tracking charts
- Offers free plan
- Clear, transparent pricing
- Secure handling of financial data
- Facilitates faster payments
- One tap payment requests
Who is SplitMyExpenses for?
- Students
- Roommates
- Travel Groups
- Frequent Diners
- Colleagues
- Event organizers
- Finance professionals
- Freelancers
- Travel buddies
- Accountants
- Analysts
- Financial Planners
- Friends splitting bills
- Users with busy schedules
- Users managing expenses with friends
- Professionals needing to split bills easily with colleagues or clients
How to use SplitMyExpenses?
To use SplitMyExpenses effectively, follow these steps:
- Sign Up: Register on the SplitMyExpenses platform through the provided link.
- Input Expenses: Add your expenses to the tool, which will then distribute them equally among the users involved.
- Receipt Scanning: Utilize the AI-powered receipt scanning feature by uploading a photo of your receipt. The AI will automatically itemize the receipt items for easy splitting.
- Charge Friends: Charge your friends directly through popular platforms like Venmo, CashApp, PayPal, and Zelle.
- Link Accounts: For convenience, link your credit cards and bank accounts to allow for automatic daily import of expenses.
- Expense Import: Import expenses by linking your financial accounts for automatic daily import or by bulk importing from files generated by financial institutions or personal finance tools.
- Review Charges: Utilize the charge history feature to track who was charged, when, and how much. Share the charge review link with friends for transparency.
- Track Spending: Use the elegant charts provided by SplitMyExpenses to effectively monitor your spending over time.
- Subscription Plans: Choose a plan based on your needs - Free plan, AI receipts & one linked card for $3/month, or Unlimited plan for $9/month.
- Cancel Anytime: You can cancel your subscription as per your requirements.
By following these steps, you can efficiently split bills and expenses with friends using SplitMyExpenses while taking advantage of its AI-powered features and payment integrations.