You can use the youchamp app on your smartphone to share household bills when you live with roommates, but you can also split things, like your weekly grocery shop, equally with everyone involved in the expense.
youchamp Groups makes it possible to edit your expenses any time. You can change the number of friends being charged, add new users and change the way you split the rent. You can also find out how much each member still has to pay and how many group expenses they have to share.
If your friend already uses youchamp, just add them via your contact list, and if they are not on youchamp, invite them to download the app and use it for you.
youchamp also comes with an expense management tool that allows you to see a summary of the amount you owe people as well as the amount people owe you. Each expense is displayed with an icon that differs from the amount of money you owe others and the amount of money owed to you.
If your friend wants to have an uncomfortable conversation about debt, they can send you a message via the group chat section. This service makes it unnecessary to keep receipts, as users can add expenses to the app without incurring costs and the expenses are automatically split among the group. Not to mention that the expenditure is clearly defined and labelled and divided among groups. It also helps in situations where everyone owes money for different things, such as electricity bills, car payments, and generals IOUs.
youchamp also streamlines the payment process, bringing all payments together into a single sum, regardless of what individuals owe. youchamp is an instant peer-to-peer payment platform that allows fast and easy direct payments between friends and family.