I have always had trouble keeping records on how much my friends owed me or how much I owed them. It always ended up not being paid. And iOWEYOU is just the service I was looking for.

iOWEYOU is an innovative expenses sharing system, originally designed for use in a shared student house. The key features are:

  • Expenses logging
    Log anything you share, from bills to beer. When you pay someone back, log that too.
  • Instant reports
    Whenever you need it, you can call up exactly how much you owe, or how much you’re owed.
  • Access anywhere
    Log in from any computer, where ever you are. No need to use the same computer with all your housemates. It works in any currency too!
  • Completely free!
    iOWEYOU is totally free for groups of up to five people.

The service works fine for me. I have actually been able to manage my funds effectively with this little service. BotHack recommends this to everyone having trouble with their funds.

i OWE YOU [Via]

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