You can now use SplitTheRent to not only calculate a fair rent split between roommates, but to organise and track shared bills, or even to help put a fair dollar-value on old shared furniture.Previously mentioned SplitTheRent is a web app that started off by helping roommates split the rent fairly, using a simple but effective calculator to take all the guessing out of the process. They’ve taken that same idea and expanded it now with the bill and furniture tools, in an attempt to make life easier for roommates everywhere.
The bill-tracking feature is meant to act as a financial hub for roommates, complete with individual usernames and login accounts. Users can enter anything to be tracked, though, so even personal loans between roommates can be tracked and organised alongside regular bills like water or cable.
The furniture calculator, on the other hand, has uses outside apartment-sharing. SplitTheRent compared its function to that of a Kelley Blue Book for valuing cars, except in this case it only rates furniture by initial cost, age, and condition (no brands included). The idea is that roommates who part ways would be able to quickly put a real dollar-value on any furniture they may have purchased together in the past.
Thanks to Max and Greg for sending this in.