I was just checking out BillMonk, a web site that allows people to keep track of the money they owe each other. You and five friends go out for lunch and you need to deal with the bill? Let one guy pay and enter the amount in the BillMonk. Next time, someone else can get lunch, and tell the BillMonk. The BillMonk will keep track of who paid what. So if you paid when people went to the expensive place, and Pat paid when people went to the cheap place, Pat still owes you a bit. Use it to keep track of which roommate owes rent, to handle one-on-one transactions, whatever.
The bad news is that BillMonk is a service of the company "Code Monks", and one of the founders of "Code Monks" is Chuck Groom, and I still owe that guy three bucks for coffee back from when we worked together at Blue Mug.
So I guess I'll sign up for the service. But in this BillMonk transaction, I think Chuck is the monk, but I am the monkee.
(via DLoft)
Labels: entrepeneurship, link, monkeyscat