SpaceSplitter Launches New Features To Help Roommates Split Rent and Shopping Expenses
04/05/2012

Household finance site SpaceSplitter.com just debuted a range of new features to help roommates manage chores, split rent, and shop seamlessly on SOAP.com.

Online PR News – 05-April-2012 – New York, NY – SpaceSplitter is encouraging roommates to try out its all-new household finance tools for free at http://www.SpaceSplitter.com. Providing a platform for users to split bills and share responsibilities, SpaceSplitter aims to facilitate a drama-free roommate experience for college students and apartment tenants alike.

"SpaceSplitter offers a fresh approach to rent split agreements by taking debt out of the equation; we make it possible for roommates to automatically divide expenses on rent, utilities, and even everyday expenses such as toilet paper and paper towels. With us, you'll never have to hear the phrase, 'I'll pay you back,'" said Rob Caucci, co-founder of SpaceSplitter.

Caucci and fellow co-founder Jeremy Pease are both former Pace University Resident Advisors, whose collective experience taught them that almost all roommate problems begin with a lack of communication. Serving as a "cure-all" for conflicts of all kinds, SpaceSplitter's unique platform is built around the principles of transparency and accountability.

SpaceSplitter's freemium interface enables roommates to easily split rent expenses by paying through their checking accounts. Users can additionally split bills on gas, electricity, cable, internet, and other utilities for a one-time monthly fee of $2.99 or less to cover the transfer of funds. The website promotes its rent split feature for roommates struggling to tackle their finances in a fair and timely manner.

Beyond utilities and bills, SpaceSplitter's new OurList feature allows roommates to divide the costs of household products. The website is currently affiliated with SOAP.com and has more partnerships in the pipeline, with the goal of facilitating shared spending on groceries, household supplies, personal care products, and more.

SpaceSplitter also offers a free roommate agreement generator for RAs and independent roommates. Covering both household finance topics and chores, the roommate contract generator helps users communicate their expectations from the start to avoid future conflicts regarding shared expenses, standards of cleanliness, or other concerns.

"It's not uncommon for an RA or disgruntled roommate to request a roommate contract several weeks or months into a living situation, which can make one or more parties feel singled out for their poor behavior. At SpaceSplitter, our philosophy is that roommate agreements should be preventative, not reactive; we're working to resolve potential issues before they can become problematic," Caucci said.

Roommates can sign up to split bills and manage expectations with SpaceSplitter at http://www.SpaceSplitter.com.