Shared Wallets for Flatmates: How to Split Bills Without Stress
Why Splitting Bills Can Feel Like a Minefield – The hidden stress of shared finances.
Why Splitting Bills Is Harder Than It Seems
Living with flatmates can be a joy—but when it comes to finances, things can quickly get complicated. From grocery shopping to utility bills, splitting costs fairly often leads to awkward calculations, late payments, and even tension. Millennials, especially those balancing multiple subscriptions and lifestyle expenses, need a smarter way to manage shared finances.
The Rise of Shared Virtual Wallets
Enter the shared virtual wallet: a prepaid card loaded together, designed to make shared spending effortless. With the Partly app, two flatmates living together can top up a single card, monitor purchases in real time, and approve or decline transactions collaboratively. It’s a simple, fair solution that puts an end to “who owes what?” debates.
Top Features to Keep Everyone on the Same Page
Live Transaction Approval: Every payment is transparent and requires consent from all contributors.
Top-Up Together: Ensure everyone contributes their share before purchases.
Smart Insights: Track spending habits and visualise where money goes, helping flatmates budget better.
Step-by-Step Guide to Using a Shared Wallet
Set up a Partly wallet and invite your flatmate.
Top up together via your bank accounts.
Spend from one card on groceries, subscriptions, or outings.
Monitor transactions in real-time and approve payments collaboratively.
Review insights to improve budgeting and reach shared financial goals.
The Benefits: Stress Less, Spend Smarter
Shared wallets foster trust and transparency. By removing financial friction, flatmates can focus on what truly matters—living together harmoniously, enjoying shared experiences, and achieving collective goals.
Ready to simplify your shared finances? Sign up for Partly today and soon start your journey to stress-free flatmate spending.