Living with a Roommate, how to split expenses- Drama-Free.

Living with a roommate can be quite exciting & annoying at the same time.

Sure, you will be saving money by sharing expenses & enjoying a bigger, better apartment, however, sharing expenses can be stressful sometimes.

Don’t worry! We are here to help you with the right tools & tips for Drama-Free splitting expenses.

1- Take decisions together

Site down & discuss in advance how you will pay the expenses, who will pay them, and how you will split them in terms of shares.

2- Keep a written document of expenses

No matter who is in charge of paying the bills, you need to create a shared spreadsheet to document all expected expenses in the coming month, their due dates & who will pay them.

Check the expenses that had been paid during the month or add any unexpected expenses.

3- Keep some purchases separate

While it seems logical to split all expenses equally, however, some expenses like food & groceries can’t be shared.

4- Use sKash “Split Bill” feature

Finding the right app to split the expenses can save you up to 50% of the monthly drama, this is where the sKash app can assist you.

With your sKash app, you can easily split your expenses every month, simply by adding the amount, the person(s) with whom you will split the expenses & the share of everyone.

You can even split the expenses with non-sKashers, remind them.

Read more here

5- Find ways to save money

Make saving money a group activity with your roommates. Pay your weekly or monthly expenses with the sKash app or sKash card & get instant vouchers that will allow you to save up to 5% per month.

 

What are the types of expenses you might have?

  • Monthly Expenses
  • Rent
  • Utility bills (Electricity, Water, Gas)
  • Internet
  • Cable
  • Streaming subscriptions
  • Weekly Expenses:
  • Home items (Towels, Detergents etc…)
  • Groceries
  • Takeaway

 

Split expenses, Save money & much more with sKash

From a digital bank account to payment tools to huge rewards, sKash can assist you in all your financial needs.

Enroll to sKash in 3 minutes from your phone.