Buxfer Facebook App

What is the Buxfer Facebook Application?

Buxfer allows you to easily keep track of the money you owed friends and the money you borrowed from them. It also allows you to easily keep track of shared expense like rent and utilities among roommates. Whenever money is due, you can send them an e-mail or short message telling them to pay up.

The Buxfer app also allows you to create groups. Say if you have an organization that you collect dues for; just create a group for that organization on Buxfer and start tracking who owes and who has paid.

In addition of keeping track of shared expenses, you can also keep track of your personal expenses with Buxfer. Buxfer was developed by Shashank Pandit and Ashwin Bharambe.

Buxfer App Pros

• Easily keep track of shared expenses, IOUs, and personal expenses within Facebook
• Avoid confrontation with dead beat roommates
• Uses Facebooks social network by allowing you to see what your friends have paid and what they owe. You can also tag transactions that can be seen by other Buxfer users.

Buxfer Cons

• I haven’t seen any yet. This looks like a pretty cool app